Maryland Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Greystone Funding Corp

• Category: Corporations - Public - Stockholder
• State: Multi-State
• Control #: US-EG-9097
• Format: Word; Rich Text

Description

Stockholders Agreement among Schick Technologies, Inc., David Schick, Allen Schick and Greystone Funding Corporation dated December 27, 1999. 5 pages Maryland Stockholders Agreement is a legally binding contract that outlines the rights, responsibilities, and obligations of the shareholders involved in a corporation based in Maryland. In this case, it pertains to Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. This agreement serves as a foundation for governing the relationship among the shareholders and ensuring the smooth functioning of the corporation. It addresses various key aspects such as voting rights, ownership interests, management roles, financial matters, dispute resolution, and confidentiality. The Maryland Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp may have several types depending on the specific terms and conditions agreed upon. Some possible types are: 1. Voting Rights Agreement: This type of Agreement focuses on detailing the voting powers and procedures for decision-making within the corporation. It establishes the voting rights of the shareholders and may outline certain major decisions that require unanimous or majority approval. 2. Share Ownership Agreement: This Agreement specifies the ownership interests, distributions, and transferability of shares among the shareholders. It may include provisions regarding the sale of shares, restrictions on transfer, or the right of first refusal. 3. Management Agreement: In certain cases, the Stockholders Agreement may contain provisions related to the management and operation of the corporation. It can outline the roles and responsibilities of each shareholder in terms of executive positions, decision-making authority, and corporate governance. 4. Buy-Sell Agreement: This type of Agreement addresses the purchase and sale of shares among the shareholders. It establishes the process and terms for buying out a shareholder's interest in the event of their death, disability, retirement, or desire to exit the corporation. 5. Confidentiality Agreement: While not specifically a Stockholders Agreement, a confidentiality agreement may be included among the shareholders to protect sensitive information shared within the corporation. It ensures that proprietary or confidential information remains confidential and is not disclosed to competitors or third parties. These various types of Maryland Stockholders Agreement provide a framework to protect the rights of each shareholder and promote a harmonious relationship while governing the operations of Schick Technologies, Inc. The agreement's structure and provisions may differ depending on the specific needs and objectives of the involved parties. It is essential that all signatories engage legal counsel to ensure the agreement aligns with Maryland state laws and fully meets the requirements of all parties involved.

Maryland Stockholders Agreement is a legally binding contract that outlines the rights, responsibilities, and obligations of the shareholders involved in a corporation based in Maryland. In this case, it pertains to Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. This agreement serves as a foundation for governing the relationship among the shareholders and ensuring the smooth functioning of the corporation. It addresses various key aspects such as voting rights, ownership interests, management roles, financial matters, dispute resolution, and confidentiality. The Maryland Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp may have several types depending on the specific terms and conditions agreed upon. Some possible types are: 1. Voting Rights Agreement: This type of Agreement focuses on detailing the voting powers and procedures for decision-making within the corporation. It establishes the voting rights of the shareholders and may outline certain major decisions that require unanimous or majority approval. 2. Share Ownership Agreement: This Agreement specifies the ownership interests, distributions, and transferability of shares among the shareholders. It may include provisions regarding the sale of shares, restrictions on transfer, or the right of first refusal. 3. Management Agreement: In certain cases, the Stockholders Agreement may contain provisions related to the management and operation of the corporation. It can outline the roles and responsibilities of each shareholder in terms of executive positions, decision-making authority, and corporate governance. 4. Buy-Sell Agreement: This type of Agreement addresses the purchase and sale of shares among the shareholders. It establishes the process and terms for buying out a shareholder's interest in the event of their death, disability, retirement, or desire to exit the corporation. 5. Confidentiality Agreement: While not specifically a Stockholders Agreement, a confidentiality agreement may be included among the shareholders to protect sensitive information shared within the corporation. It ensures that proprietary or confidential information remains confidential and is not disclosed to competitors or third parties. These various types of Maryland Stockholders Agreement provide a framework to protect the rights of each shareholder and promote a harmonious relationship while governing the operations of Schick Technologies, Inc. The agreement's structure and provisions may differ depending on the specific needs and objectives of the involved parties. It is essential that all signatories engage legal counsel to ensure the agreement aligns with Maryland state laws and fully meets the requirements of all parties involved.