Guam Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9228
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages. Guam Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This Guam Sample Stock Purchase Agreement is a legally binding contract between Grey stone Funding Corporation (hereinafter referred to as "Buyer"), a registered corporation in the Guam territory, and Schick Technologies, Inc. (hereinafter referred to as "Seller"), a reputable technology company specializing in dental imaging equipment and solutions. This agreement outlines the terms and conditions of the acquisition of Schick Technologies, Inc. by Grey stone Funding Corporation through the purchase of its stock. 1. Effective Date: This agreement shall come into effect on [Date]. 2. Parties: The buyer, Grey stone Funding Corporation, is a financial institution with expertise in investments and acquisitions. Seller, Schick Technologies, Inc., is a company incorporated under the laws of Guam, engaged in the manufacturing and distribution of advanced dental imaging technology. 3. Purchase and Sale of Stock: Buyer agrees to purchase [number of shares] of Seller's outstanding common stock (the "Stock") at a total purchase price of [purchase price] per share. The total consideration shall amount to [total purchase price]. 4. Representations and Warranties: Both Buyer and Seller shall provide representations and warranties regarding their respective corporate status, authority, financial condition, and the ownership of the Stock. The agreement shall specify the extent and limitations of these representations and warranties. 5. Due Diligence: Buyer, at their own expense, shall be entitled to conduct thorough due diligence on the Seller's financial documents, intellectual property, contracts, tax records, and other relevant materials. Seller shall provide full cooperation and disclosure during this process. 6. Closing Conditions: The completion of the purchase shall be subject to certain closing conditions. These may include obtaining necessary governmental approvals, the absence of material adverse changes, and the execution of ancillary agreements necessary for the transfer of assets. 7. Purchase Price Payment: Buyer shall pay the purchase price to Seller on the closing date via wire transfer or any other form agreed upon by both parties. The payment terms, including any escrow arrangements, shall be detailed in a separate schedule attached hereto. 8. Post-Closing Covenants: The parties shall agree on specific post-closing covenants, which may include non-compete provisions, confidentiality obligations, and any transition assistance required for the ongoing operations of Schick Technologies, Inc. 9. Termination: The agreement shall stipulate the circumstances under which either party may terminate the agreement prior to the closing date. Termination shall be subject to the agreement's termination provisions. 10. Governing Law and Dispute Resolution: This agreement shall be governed by the laws of Guam. Any disputes arising out of or relating to this purchase agreement shall be resolved through arbitration in Guam or any other location agreed upon by both parties. Additional types of Guam Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. may include variations based on the terms of the agreement, such as: — Asset Purchase Agreement: If the parties agree to a transaction involving the sale of specific assets of Schick Technologies, Inc., rather than purchasing the entire outstanding stock. — Merger Agreement: If the parties decide to pursue a merger between Grey stone Funding Corporation and Schick Technologies, Inc., resulting in the creation of a new entity or the continuation of one of the existing entities.

Guam Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This Guam Sample Stock Purchase Agreement is a legally binding contract between Grey stone Funding Corporation (hereinafter referred to as "Buyer"), a registered corporation in the Guam territory, and Schick Technologies, Inc. (hereinafter referred to as "Seller"), a reputable technology company specializing in dental imaging equipment and solutions. This agreement outlines the terms and conditions of the acquisition of Schick Technologies, Inc. by Grey stone Funding Corporation through the purchase of its stock. 1. Effective Date: This agreement shall come into effect on [Date]. 2. Parties: The buyer, Grey stone Funding Corporation, is a financial institution with expertise in investments and acquisitions. Seller, Schick Technologies, Inc., is a company incorporated under the laws of Guam, engaged in the manufacturing and distribution of advanced dental imaging technology. 3. Purchase and Sale of Stock: Buyer agrees to purchase [number of shares] of Seller's outstanding common stock (the "Stock") at a total purchase price of [purchase price] per share. The total consideration shall amount to [total purchase price]. 4. Representations and Warranties: Both Buyer and Seller shall provide representations and warranties regarding their respective corporate status, authority, financial condition, and the ownership of the Stock. The agreement shall specify the extent and limitations of these representations and warranties. 5. Due Diligence: Buyer, at their own expense, shall be entitled to conduct thorough due diligence on the Seller's financial documents, intellectual property, contracts, tax records, and other relevant materials. Seller shall provide full cooperation and disclosure during this process. 6. Closing Conditions: The completion of the purchase shall be subject to certain closing conditions. These may include obtaining necessary governmental approvals, the absence of material adverse changes, and the execution of ancillary agreements necessary for the transfer of assets. 7. Purchase Price Payment: Buyer shall pay the purchase price to Seller on the closing date via wire transfer or any other form agreed upon by both parties. The payment terms, including any escrow arrangements, shall be detailed in a separate schedule attached hereto. 8. Post-Closing Covenants: The parties shall agree on specific post-closing covenants, which may include non-compete provisions, confidentiality obligations, and any transition assistance required for the ongoing operations of Schick Technologies, Inc. 9. Termination: The agreement shall stipulate the circumstances under which either party may terminate the agreement prior to the closing date. Termination shall be subject to the agreement's termination provisions. 10. Governing Law and Dispute Resolution: This agreement shall be governed by the laws of Guam. Any disputes arising out of or relating to this purchase agreement shall be resolved through arbitration in Guam or any other location agreed upon by both parties. Additional types of Guam Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. may include variations based on the terms of the agreement, such as: — Asset Purchase Agreement: If the parties agree to a transaction involving the sale of specific assets of Schick Technologies, Inc., rather than purchasing the entire outstanding stock. — Merger Agreement: If the parties decide to pursue a merger between Grey stone Funding Corporation and Schick Technologies, Inc., resulting in the creation of a new entity or the continuation of one of the existing entities.