North Carolina Sample Stock Purchase Agreement between Humana, Inc., Physician Corporation of America and Folksamerica Holding Company, Inc

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9316
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Humana, Inc., Physician Corporation of America and Folksamerica Holding Company, Inc. regarding guarantee of obligations and sale of shares of common stock dated December 30, 1999. 74 pages. North Carolina Sample Stock Purchase Agreement between Human, Inc., Physician Corporation of America and Folksamerica Holding Company, Inc: This North Carolina Sample Stock Purchase Agreement outlines the terms and conditions for the purchase and sale of stocks between Human, Inc., Physician Corporation of America (PCA), and Folksamerica Holding Company, Inc. It serves as a legally binding document governing the transaction and provides an in-depth framework for the parties involved. Key provisions covered in this agreement include: 1. Sale of Stocks: This agreement defines the total number of shares, their classes, and the purchase price per share. It highlights the intent of the seller, Folksamerica Holding Company, Inc., to sell its stocks to Human, Inc. 2. Purchase Consideration: The agreement specifies the purchase consideration to be paid by Human, Inc. to Folksamerica Holding Company, Inc. for acquiring the stocks. It outlines the payment terms and any additional conditions pertaining to the consideration. 3. Representations and Warranties: This section covers the representations and warranties made by Folksamerica Holding Company, Inc. and PCA regarding their legal authority to enter into this agreement, the ownership of the stocks, and the absence of any third-party claims on the shares. 4. Closing and Deliveries: The agreement describes the closing process, including the location, date, and time of the closing. It outlines the required documents, certificates, and any other deliverables that the parties must provide before completing the transaction. 5. Post-Closing Covenants: This section addresses the obligations of the parties after the closing of the purchase agreement. It covers matters such as maintaining confidentiality, non-compete clauses, and any additional commitments made by the parties. 6. Governing Law and Jurisdiction: The agreement specifies that it shall be governed by North Carolina law and designates North Carolina courts as the exclusive jurisdiction for any disputes arising from this agreement. There may be various types of North Carolina Sample Stock Purchase Agreements between Human, Inc., PCA, and Folksamerica Holding Company, Inc, depending on factors such as the class of shares being purchased, the total number of shares, and any specific conditions agreed upon by the parties. For example, agreements may differ if the transaction involves preferred shares, common shares, or if there are any additional provisions relevant to the specific circumstances of the transaction. It is essential to consult legal professionals to draft, review, or modify any sample stock purchase agreement to ensure compliance with applicable laws, the specific needs of the parties, and the unique characteristics of the transaction.

North Carolina Sample Stock Purchase Agreement between Human, Inc., Physician Corporation of America and Folksamerica Holding Company, Inc: This North Carolina Sample Stock Purchase Agreement outlines the terms and conditions for the purchase and sale of stocks between Human, Inc., Physician Corporation of America (PCA), and Folksamerica Holding Company, Inc. It serves as a legally binding document governing the transaction and provides an in-depth framework for the parties involved. Key provisions covered in this agreement include: 1. Sale of Stocks: This agreement defines the total number of shares, their classes, and the purchase price per share. It highlights the intent of the seller, Folksamerica Holding Company, Inc., to sell its stocks to Human, Inc. 2. Purchase Consideration: The agreement specifies the purchase consideration to be paid by Human, Inc. to Folksamerica Holding Company, Inc. for acquiring the stocks. It outlines the payment terms and any additional conditions pertaining to the consideration. 3. Representations and Warranties: This section covers the representations and warranties made by Folksamerica Holding Company, Inc. and PCA regarding their legal authority to enter into this agreement, the ownership of the stocks, and the absence of any third-party claims on the shares. 4. Closing and Deliveries: The agreement describes the closing process, including the location, date, and time of the closing. It outlines the required documents, certificates, and any other deliverables that the parties must provide before completing the transaction. 5. Post-Closing Covenants: This section addresses the obligations of the parties after the closing of the purchase agreement. It covers matters such as maintaining confidentiality, non-compete clauses, and any additional commitments made by the parties. 6. Governing Law and Jurisdiction: The agreement specifies that it shall be governed by North Carolina law and designates North Carolina courts as the exclusive jurisdiction for any disputes arising from this agreement. There may be various types of North Carolina Sample Stock Purchase Agreements between Human, Inc., PCA, and Folksamerica Holding Company, Inc, depending on factors such as the class of shares being purchased, the total number of shares, and any specific conditions agreed upon by the parties. For example, agreements may differ if the transaction involves preferred shares, common shares, or if there are any additional provisions relevant to the specific circumstances of the transaction. It is essential to consult legal professionals to draft, review, or modify any sample stock purchase agreement to ensure compliance with applicable laws, the specific needs of the parties, and the unique characteristics of the transaction.