Kansas Sample Stock Purchase Agreement between The American Education Corporation and Andrew K. Gardner This stock purchase agreement ("Agreement") is entered into as of [date] between The American Education Corporation, a corporation organized and existing under the laws of the state of Kansas, with its principal place of business at [address] ("Seller"), and Andrew K. Gardner, an individual residing at [address] ("Purchaser"). 1. Introduction: This Agreement outlines the terms and conditions for the purchase and sale of shares of stock in The American Education Corporation (the "Company") by Purchaser from Seller. 2. Purchase and Sale: Seller agrees to sell to Purchaser, and Purchaser agrees to purchase from Seller, [number of shares] shares of the Company's common stock (the "Shares") for a total consideration of [amount] USD. 3. Closing and Payment: The closing of this transaction shall take place on [closing date], at the offices of Seller or at such other place as agreed upon by the parties. Purchaser shall make the payment to Seller by wire transfer or certified check at or before the closing. 4. Representations and Warranties: Seller represents and warrants that they are the legal and beneficial owner of the Shares, free and clear of any encumbrances. Purchaser acknowledges understanding the risks associated with the ownership of the Shares and agrees to conduct due diligence. 5. Governing Law and Venue: This Agreement shall be governed by and construed in accordance with the laws of the state of Kansas. Any disputes arising out of or in connection with this Agreement shall be resolved in the state or federal courts located in Kansas. 6. Entire Agreement: This Agreement represents the entire understanding between the parties regarding the subject hereof and supersedes all prior negotiations, understandings, or agreements, whether oral or written. Additional types of Kansas Sample Stock Purchase Agreements between The American Education Corporation and Andrew K. Gardner may include: — Asset Purchase Agreement: This type of agreement is utilized when the transaction involves the purchase and sale of the Company's assets instead of shares of stock. — Shareholder Agreement: This agreement outlines the rights and obligations of the Company's shareholders, including voting rights, restrictions on transferability, and decision-making processes. — Stock Option Agreement: This agreement grants the Purchaser the option to purchase a certain number of shares at a predetermined price within a specified time frame. — Stock Redemption Agreement: This agreement governs the repurchase of shares by the Company from shareholders, often in connection with retirement or departure from the Company.