Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages.
Title: Comprehensive Overview of the Indiana Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Keywords: Indiana Sample Stock Purchase Agreement, Grey stone Funding Corporation, Schick Technologies, Inc., legal document, stock acquisition, terms and conditions, contractual obligations, purchase price, representations and warranties, closing and post-closing provisions. Introduction: The Indiana Sample Stock Purchase Agreement governs the acquisition of shares in Schick Technologies, Inc. by Grey stone Funding Corporation. This legally binding document outlines the terms and conditions agreed upon by both parties, defining their contractual obligations and addressing various aspects of the stock purchase transaction. Below, we provide a detailed analysis of the agreement, highlighting key sections and pertinent keywords. 1. Parties: The agreement identifies the involved parties as Grey stone Funding Corporation (the "Buyer") and Schick Technologies, Inc. (the "Seller"). Both parties are legally recognized entities under the laws of Indiana. 2. Stock Acquisition: The agreement outlines the specific shares being acquired, including the number of shares, class, and any associated rights or restrictions. 3. Purchase Price: One of the central elements within the agreement is the purchase price. It stipulates the total consideration the Buyer agrees to pay the Seller for the stock acquisition. The calculation method, payment terms, and any potential adjustments are typically detailed in this section. 4. Representations and Warranties: This section covers the assertions made by each party regarding the accuracy and completeness of information provided during the negotiation and execution of the agreement. It may include representations related to financial statements, legal compliance, intellectual property, taxation, and more. 5. Covenants: These are the promises made by both parties in relation to various aspects of the stock purchase. It may include non-compete agreements, confidentiality obligations, further cooperation for a smooth transition, and other specific undertakings. 6. Conditions Precedent: Conditions precedent refer to the specific events or actions that must occur before the agreement becomes fully effective. It may encompass regulatory approvals, consents, or satisfactory completion of due diligence by the Buyer. 7. Closing and Post-Closing Provisions: This section delineates the process, timeline, and responsibilities associated with the closing of the stock purchase. It addresses matters such as the delivery of documents, payment transfers, and potential post-closing actions or obligations. Types of Indiana Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: As specified in the initial query, there can be various types of Indiana Sample Stock Purchase Agreements between these companies. Some may involves additional clauses or provisions, tailored to meet specific requirements. Possible variations include agreements that emphasize particular indemnification provisions, non-disclosure agreements, earn-out provisions, or agreements with special tax implications. Conclusion: The Indiana Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a vital legal document governing the acquisition of stock. It establishes the terms and conditions, outlining the obligations of both parties throughout the stock purchase process. To ensure its enforceability, it is highly recommended that legal counsel be consulted during the preparation and execution of such an agreement.
Title: Comprehensive Overview of the Indiana Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Keywords: Indiana Sample Stock Purchase Agreement, Grey stone Funding Corporation, Schick Technologies, Inc., legal document, stock acquisition, terms and conditions, contractual obligations, purchase price, representations and warranties, closing and post-closing provisions. Introduction: The Indiana Sample Stock Purchase Agreement governs the acquisition of shares in Schick Technologies, Inc. by Grey stone Funding Corporation. This legally binding document outlines the terms and conditions agreed upon by both parties, defining their contractual obligations and addressing various aspects of the stock purchase transaction. Below, we provide a detailed analysis of the agreement, highlighting key sections and pertinent keywords. 1. Parties: The agreement identifies the involved parties as Grey stone Funding Corporation (the "Buyer") and Schick Technologies, Inc. (the "Seller"). Both parties are legally recognized entities under the laws of Indiana. 2. Stock Acquisition: The agreement outlines the specific shares being acquired, including the number of shares, class, and any associated rights or restrictions. 3. Purchase Price: One of the central elements within the agreement is the purchase price. It stipulates the total consideration the Buyer agrees to pay the Seller for the stock acquisition. The calculation method, payment terms, and any potential adjustments are typically detailed in this section. 4. Representations and Warranties: This section covers the assertions made by each party regarding the accuracy and completeness of information provided during the negotiation and execution of the agreement. It may include representations related to financial statements, legal compliance, intellectual property, taxation, and more. 5. Covenants: These are the promises made by both parties in relation to various aspects of the stock purchase. It may include non-compete agreements, confidentiality obligations, further cooperation for a smooth transition, and other specific undertakings. 6. Conditions Precedent: Conditions precedent refer to the specific events or actions that must occur before the agreement becomes fully effective. It may encompass regulatory approvals, consents, or satisfactory completion of due diligence by the Buyer. 7. Closing and Post-Closing Provisions: This section delineates the process, timeline, and responsibilities associated with the closing of the stock purchase. It addresses matters such as the delivery of documents, payment transfers, and potential post-closing actions or obligations. Types of Indiana Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: As specified in the initial query, there can be various types of Indiana Sample Stock Purchase Agreements between these companies. Some may involves additional clauses or provisions, tailored to meet specific requirements. Possible variations include agreements that emphasize particular indemnification provisions, non-disclosure agreements, earn-out provisions, or agreements with special tax implications. Conclusion: The Indiana Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a vital legal document governing the acquisition of stock. It establishes the terms and conditions, outlining the obligations of both parties throughout the stock purchase process. To ensure its enforceability, it is highly recommended that legal counsel be consulted during the preparation and execution of such an agreement.