New Hampshire Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This New Hampshire Sample Stock Purchase Agreement is a legally binding document entered into between Grey stone Funding Corporation (referred to as the "Buyer") and Schick Technologies, Inc. (referred to as the "Seller"), both parties collectively referred to as the "Parties". This agreement outlines the terms and conditions under which the Buyer will purchase and acquire a certain number of shares of stock (referred to as the "Shares") from the Seller. The agreement begins with a preamble in which the Parties are identified, noting that the Seller is a corporation duly organized under the laws of the state of New Hampshire, and the Buyer is a funding corporation looking to expand its portfolio. The purpose of the agreement is to define the terms of the stock purchase transaction. The first section of the agreement focuses on the purchase and sale of the Shares. It includes details such as the number of Shares being purchased, the purchase price per Share, and any conditions or contingencies related to the purchase. The agreement may also specify any warranties or representations made by the Seller regarding the ownership and transferability of the Shares. The second section of the agreement covers the closing of the transaction. It outlines the process and timing of the closing, as well as any obligations and responsibilities of each Party leading up to the closing date. This section may also discuss the transfer of physical stock certificates or the electronic transfer of shares. The third section of the agreement deals with representations, warranties, and covenants made by both Parties. It outlines the responsibilities of the Seller in maintaining the business operations of the corporation and ensuring that the representations made about the Shares are accurate. The Buyer may also provide representations regarding its ability to complete the transaction. The fourth section discusses indemnification provisions, detailing the rights and responsibilities of each Party in case of any breach of the agreement or misrepresentation. It may highlight the procedures for making claims, the limits of liability, and the remedies available to the non-breaching Party. The fifth section covers miscellaneous provisions. It addresses matters such as assignment, governing law, dispute resolution, and entire agreement clauses. It is essential to carefully review this section, as it may contain important details regarding the interpretation and enforcement of the agreement. Different types of New Hampshire Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc. could exist, depending on the specific transaction details and negotiation points. Some variations could include agreements with unique clauses related to earn-outs, non-compete agreements, or special warranty provisions. Note: This is a general description of a New Hampshire Sample Stock Purchase Agreement and may not capture all the nuances and specific details that could be included in an actual agreement. It is always recommended consulting with legal professionals and customize the agreement to suit the specific needs and circumstances of the Parties involved.
New Hampshire Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.
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A share purchase agreement is a formal contract or an agreement that sets out the terms and conditions relating to the sale and purchase of shares in a company. The share purchase agreement should very clearly set out what is being sold, to whom and for how much, as well as any other obligations and liabilities.
The buyer agrees to pay to the seller the purchase price for the acquisition of the sale shares (consideration) in return for which the seller transfers title in the sale shares to the buyer (by executing a stock transfer form). A guide to share purchase agreements | Legal Guidance lexisnexis.co.uk ? legal ? a-guide-to-share-p... lexisnexis.co.uk ? legal ? a-guide-to-share-p...
Stock purchase agreements (SPAs) are legally binding contracts between shareholders and companies. Also known as share purchase agreements, these contracts establish all of the terms and conditions related to the sale of a company's stocks. What Is a Stock Purchase Agreement? - Ironclad ironcladapp.com ? journal ? contracts ? stock-pur... ironcladapp.com ? journal ? contracts ? stock-pur...
A stock purchase agreement typically includes the following information: Your business name. The name and mailing address of the entity buying shares in your company's stocks. The par value (essentially the sale price) of the stocks being sold. The number of stocks the buyer is purchasing. How to Create a Stock Purchase Agreement - Business.com business.com ? articles ? how-to-create-a-sto... business.com ? articles ? how-to-create-a-sto...
Standard clauses for use in an asset purchase agreement where all or part of the consideration will be satisfied by the allotment and issue of shares in the buyer to the seller.
The key clauses that should be included in any stock purchase agreement are: Ownership: The type of ownership will determine the rights and obligations, including who has voting power. Dividends: The number of dividends paid out per year will depend on how many profits and losses the company experiences.
Some of the key items that are listed in a stock purchase agreement are: Name of the company whose shares are being bought and sold; Name of the buyer and seller of shares; The number of shares being sold and the par value of those shares; The date and place of the transaction; Stock Purchase Agreement ? All You Need to Know (US Law) - WinSavvy winsavvy.com ? stock-purchase-agreement winsavvy.com ? stock-purchase-agreement
Answer. Firstly, the Consideration Paid is the amount the new Shareholder will pay in exchange for the shares. The Amount Paid, as recorded in ASIC, is the original value of the Shares when they were originally issued.