Maryland 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. NOTE: It is important to note that as an AI language model, I cannot access real-time legal documents or provide specific templates. However, I can help you understand the general structure and key provisions typically found in a Stock Purchase Agreement (SPA) between two companies, such as Grey stone Funding Corporation and Schick Technologies, Inc., based on common practices in Maryland. Here's a sample content description explaining what this agreement might contain: Title: Maryland Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Description: This Maryland Sample Stock Purchase Agreement sets forth the terms and conditions governing the purchase and sale of stock between Grey stone Funding Corporation ("Buyer") and Schick Technologies, Inc. ("Seller"). This legally binding agreement outlines the specifics of the transaction, including the price, payment terms, representations and warranties, covenants, and closing mechanics. 1. Parties: Identifies the Buyer (Grey stone Funding Corporation) and the Seller (Schick Technologies, Inc.) involved in the transaction. 2. Introduction: Provides a brief overview of the purpose and background of the agreement, explaining the intention to sell and purchase stock. 3. Definitions: Clarifies specific terms used throughout the agreement to ensure mutual understanding between the parties. 4. Purchase and Sale: Specifies the number of shares or percentage of stock being purchased, the purchase price, and any adjustments or earn-out arrangements, if applicable. 5. Closing and Payment: Outlines the closing mechanics, including the time, place, and manner of payment. Addresses potential escrow arrangements and procedures for transferring stock ownership. 6. Representations and Warranties: Details the representations, warranties, and disclosures made by both parties concerning the legality, ownership, financial condition, and other material aspects of the stock being sold/purchased. 7. Covenants: Includes specific obligations and promises made by both parties before and after the closing, such as shareholder or regulatory approvals, confidentiality, non-compete agreements, and cooperation during the transition. 8. Indemnification: Defines the parties' rights and responsibilities in case of breaches or inaccuracies of representations, warranties, or covenants. Specifies the indemnification provisions, limitations, and survival periods. 9. Governing Law and Dispute Resolution: Identifies the applicable laws and jurisdiction (typically the laws of Maryland) and outlines the procedures for resolving disputes, including potential mediation or arbitration. 10. Miscellaneous: Addresses miscellaneous clauses, such as entire agreement, notice provisions, amendment procedures, assignment restrictions, and expenses. Please note that this is a general description, and it is advisable to consult with a qualified attorney to draft or review the actual Stock Purchase Agreement specific to your situation, as legal requirements and clauses can vary.

NOTE: It is important to note that as an AI language model, I cannot access real-time legal documents or provide specific templates. However, I can help you understand the general structure and key provisions typically found in a Stock Purchase Agreement (SPA) between two companies, such as Grey stone Funding Corporation and Schick Technologies, Inc., based on common practices in Maryland. Here's a sample content description explaining what this agreement might contain: Title: Maryland Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Description: This Maryland Sample Stock Purchase Agreement sets forth the terms and conditions governing the purchase and sale of stock between Grey stone Funding Corporation ("Buyer") and Schick Technologies, Inc. ("Seller"). This legally binding agreement outlines the specifics of the transaction, including the price, payment terms, representations and warranties, covenants, and closing mechanics. 1. Parties: Identifies the Buyer (Grey stone Funding Corporation) and the Seller (Schick Technologies, Inc.) involved in the transaction. 2. Introduction: Provides a brief overview of the purpose and background of the agreement, explaining the intention to sell and purchase stock. 3. Definitions: Clarifies specific terms used throughout the agreement to ensure mutual understanding between the parties. 4. Purchase and Sale: Specifies the number of shares or percentage of stock being purchased, the purchase price, and any adjustments or earn-out arrangements, if applicable. 5. Closing and Payment: Outlines the closing mechanics, including the time, place, and manner of payment. Addresses potential escrow arrangements and procedures for transferring stock ownership. 6. Representations and Warranties: Details the representations, warranties, and disclosures made by both parties concerning the legality, ownership, financial condition, and other material aspects of the stock being sold/purchased. 7. Covenants: Includes specific obligations and promises made by both parties before and after the closing, such as shareholder or regulatory approvals, confidentiality, non-compete agreements, and cooperation during the transition. 8. Indemnification: Defines the parties' rights and responsibilities in case of breaches or inaccuracies of representations, warranties, or covenants. Specifies the indemnification provisions, limitations, and survival periods. 9. Governing Law and Dispute Resolution: Identifies the applicable laws and jurisdiction (typically the laws of Maryland) and outlines the procedures for resolving disputes, including potential mediation or arbitration. 10. Miscellaneous: Addresses miscellaneous clauses, such as entire agreement, notice provisions, amendment procedures, assignment restrictions, and expenses. Please note that this is a general description, and it is advisable to consult with a qualified attorney to draft or review the actual Stock Purchase Agreement specific to your situation, as legal requirements and clauses can vary.