Michigan Sample Purchase Agreement: Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, Van Kampen American Value Fund Introduction: This Michigan Sample Purchase Agreement is designed to outline the terms and conditions for the purchase of assets or securities between three entities: Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund. This document serves as a legally binding contract and provides a detailed description of the agreed-upon transaction. Key Terms and Parties Involved: 1. Cell Pathways, Inc.: The selling entity that possesses the assets or securities to be sold. 2. MAS Funds Small Cap Value Portfolio: A fund interested in purchasing assets or securities from Cell Pathways, Inc. 3. Van Kampen American Value Fund: Another fund interested in purchasing assets or securities from Cell Pathways, Inc. Agreement Types: 1. Asset Purchase Agreement: This agreement type focuses on the sale and purchase of specific assets by MAS Funds Small Cap Value Portfolio and/or Van Kampen American Value Fund. Assets may include technological assets, real estate properties, intellectual property, or any other asset defined and agreed upon within the contract. 2. Security Purchase Agreement: This agreement type primarily pertains to the acquisition of securities issued by Cell Pathways, Inc. by MAS Funds Small Cap Value Portfolio and/or Van Kampen American Value Fund. Securities can range from stocks, bonds, options, or any other financial instruments offered by Cell Pathways, Inc. Important Clauses and Provisions: 1. Purchase Price: The Michigan Sample Purchase Agreement will clearly outline the purchase price, specifying the amount that MAS Funds Small Cap Value Portfolio and/or Van Kampen American Value Fund will pay to Cell Pathways, Inc. for the assets or securities being acquired. 2. Representations and Warranties: Both the buyer(s) and the seller(s) will make certain assertions and guarantees about their respective legal capacities, assets, liabilities, financial conditions, and any other relevant information related to the transaction. 3. Conditions Precedent: This section will highlight any conditions that must be satisfied before the purchase agreement becomes binding. Typical conditions may include regulatory approvals, due diligence, shareholder approvals, or any other specific provisions agreed upon. 4. Indemnification: Parties involved will define the terms under which they will provide compensation or remedy for any loss, damage, liability, or expenses arising from the breach of the purchase agreement or any misrepresentations made. Conclusion: This Michigan Sample Purchase Agreement offers a comprehensive framework for defining the terms and conditions of a transaction involving the purchase of assets or securities. Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, and Van Kampen American Value Fund can utilize this agreement to ensure that all parties are protected and that the terms of the sale are clearly communicated and understood.
Michigan Sample Purchase Agreement between Cell Pathways, Inc., MAS Funds Small Cap Value Portfolio, Van Kampen American Value Fund
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