12-1191 12-1191 . . . Stock Exchange Agreement under which a 31% majority stockholder of corporation ("acquired company") will become wholly owned subsidiary of corporation, and all outstanding shares of acquired company common stock will be exchanged for such number of shares of corporation common stock as are equal to sum of (i) number of shares of corporation common stock owned by acquired company on closing date, plus (ii) 0.76 multiplied by number of shares of common stock of unrelated company that is owned by acquired company on closing date, plus (iii) number of shares of corporation common stock that is determined by dividing net tangible book value of acquired company on closing date by net book value per share of corporation as of quarter ended immediately prior to closing date
Illinois Amended Stock Exchange Agreement by SJW Corp, Roscoe Moss Co, and RMC Shareholders — Detailed Keywords: Illinois, Amended Stock Exchange Agreement, SJW Corp, Roscoe Moss Co, RMC Shareholders, detailed, types. Description: The Illinois Amended Stock Exchange Agreement is a comprehensive agreement entered into by SJW Corp, Roscoe Moss Co, and RMC Shareholders. This agreement outlines the terms and conditions for the exchange of stock between these entities, providing a detailed framework for the transaction. The agreement ensures transparency, fairness, and compliance with all relevant legal regulations in Illinois. It aims to safeguard the interests of all parties involved and maintain a sustainable business relationship. The agreement establishes a clear understanding between SJW Corp, Roscoe Moss Co, and RMC Shareholders, facilitating the exchange of stock and reinforcing their commitment to mutual growth. Types of Illinois Amended Stock Exchange Agreements: 1. Merger Agreement: This type of amended stock exchange agreement may involve the merger of SJW Corp, Roscoe Moss Co, and RMC Shareholders, resulting in a combined entity with enhanced capabilities, resources, and market presence. 2. Acquisition Agreement: In this type of amended stock exchange agreement, SJW Corp may acquire Roscoe Moss Co and/or RMC Shareholders, allowing SJW Corp to expand its market reach, diversify its product portfolio, or gain a competitive advantage. 3. Joint Venture Agreement: This type of amended stock exchange agreement might involve the formation of a joint venture between SJW Corp, Roscoe Moss Co, and RMC Shareholders. This strategic partnership can lead to shared resources, knowledge exchange, and joint efforts to pursue new business opportunities. The detailed Illinois Amended Stock Exchange Agreement covers various critical aspects, including: 1. Stock Exchange Ratio: The agreement defines the ratio at which stock will be exchanged between the entities, ensuring equitable consideration for all parties involved. 2. Voting Rights: The agreement outlines the voting rights that SJW Corp, Roscoe Moss Co, and RMC Shareholders will possess and the procedures for exercising those rights during decision-making processes. 3. Governance Structure: The agreement specifies the governance structure and the role of each entity in the post-transaction scenario. It covers matters related to board representation, executive leadership, and decision-making procedures, ensuring a harmonious working relationship. 4. Asset and Liability Transfer: The agreement details the transfer of assets and liabilities between SJW Corp, Roscoe Moss Co, and RMC Shareholders, ensuring that all parties understand the scope and implications of this transaction. 5. Financial Considerations: The agreement includes provisions related to financial considerations, such as dividends, profits, and losses, clarifying how these will be allocated and distributed among the parties involved. 6. Regulatory Compliance: The agreement ensures compliance with all relevant regulatory and legal requirements, taking into account the specific regulations of the state of Illinois. By entering into the Illinois Amended Stock Exchange Agreement, SJW Corp, Roscoe Moss Co, and RMC Shareholders lay a strong foundation for a successful business partnership while minimizing potential risks. The detailed nature of the agreement helps establish a clear roadmap for the exchange of stock and ensures a smooth transition into a mutually beneficial future.
Illinois Amended Stock Exchange Agreement by SJW Corp, Roscoe Moss Co, and RMC Shareholders — Detailed Keywords: Illinois, Amended Stock Exchange Agreement, SJW Corp, Roscoe Moss Co, RMC Shareholders, detailed, types. Description: The Illinois Amended Stock Exchange Agreement is a comprehensive agreement entered into by SJW Corp, Roscoe Moss Co, and RMC Shareholders. This agreement outlines the terms and conditions for the exchange of stock between these entities, providing a detailed framework for the transaction. The agreement ensures transparency, fairness, and compliance with all relevant legal regulations in Illinois. It aims to safeguard the interests of all parties involved and maintain a sustainable business relationship. The agreement establishes a clear understanding between SJW Corp, Roscoe Moss Co, and RMC Shareholders, facilitating the exchange of stock and reinforcing their commitment to mutual growth. Types of Illinois Amended Stock Exchange Agreements: 1. Merger Agreement: This type of amended stock exchange agreement may involve the merger of SJW Corp, Roscoe Moss Co, and RMC Shareholders, resulting in a combined entity with enhanced capabilities, resources, and market presence. 2. Acquisition Agreement: In this type of amended stock exchange agreement, SJW Corp may acquire Roscoe Moss Co and/or RMC Shareholders, allowing SJW Corp to expand its market reach, diversify its product portfolio, or gain a competitive advantage. 3. Joint Venture Agreement: This type of amended stock exchange agreement might involve the formation of a joint venture between SJW Corp, Roscoe Moss Co, and RMC Shareholders. This strategic partnership can lead to shared resources, knowledge exchange, and joint efforts to pursue new business opportunities. The detailed Illinois Amended Stock Exchange Agreement covers various critical aspects, including: 1. Stock Exchange Ratio: The agreement defines the ratio at which stock will be exchanged between the entities, ensuring equitable consideration for all parties involved. 2. Voting Rights: The agreement outlines the voting rights that SJW Corp, Roscoe Moss Co, and RMC Shareholders will possess and the procedures for exercising those rights during decision-making processes. 3. Governance Structure: The agreement specifies the governance structure and the role of each entity in the post-transaction scenario. It covers matters related to board representation, executive leadership, and decision-making procedures, ensuring a harmonious working relationship. 4. Asset and Liability Transfer: The agreement details the transfer of assets and liabilities between SJW Corp, Roscoe Moss Co, and RMC Shareholders, ensuring that all parties understand the scope and implications of this transaction. 5. Financial Considerations: The agreement includes provisions related to financial considerations, such as dividends, profits, and losses, clarifying how these will be allocated and distributed among the parties involved. 6. Regulatory Compliance: The agreement ensures compliance with all relevant regulatory and legal requirements, taking into account the specific regulations of the state of Illinois. By entering into the Illinois Amended Stock Exchange Agreement, SJW Corp, Roscoe Moss Co, and RMC Shareholders lay a strong foundation for a successful business partnership while minimizing potential risks. The detailed nature of the agreement helps establish a clear roadmap for the exchange of stock and ensures a smooth transition into a mutually beneficial future.