Stockholders Agreement among Schick Technologies, Inc., David Schick, Allen Schick and Greystone Funding Corporation dated December 27, 1999. 5 pages
A New Mexico Stockholders Agreement is a legally binding document that outlines the rights, obligations, and responsibilities of stockholders in a company. It serves as a framework for managing and protecting the interests of the involved parties. Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp are the parties involved in this specific agreement. The agreement between them can be categorized into different types depending on the specific provisions and objectives they entail. Some common types include: 1. Voting Agreement: This type of agreement outlines the voting rights and procedures of the stockholders. It defines the percentage of shares required to make significant decisions, such as electing board members or approving mergers and acquisitions. 2. Buy-Sell Agreement: A buy-sell agreement lays out the terms and conditions of buying or selling shares among the stockholders. It establishes a predetermined valuation method, rights of first refusal, and the process for transferring shares in case of voluntary or involuntary situations, such as retirement, death, or bankruptcy. 3. Non-Disclosure Agreement: In situations where the stockholders have access to sensitive company information, a non-disclosure agreement safeguards the confidentiality of that information. It specifies the obligations of the stockholders to protect trade secrets, intellectual property, and any proprietary information. 4. Rights Agreement: This agreement defines the rights and privileges of stockholders, such as preemptive rights, which enable them to maintain their proportional ownership by purchasing new shares before they are offered to others. It may also include anti-dilution provisions to protect stockholders from the dilution of their ownership stake. 5. Shareholders' Voting Rights Agreement: This type of agreement focuses specifically on voting rights and procedures during stockholder meetings. It may include provisions regarding quorum requirements, proxy voting, or any limitations or conditions for exercising voting rights. Overall, the New Mexico Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp is a comprehensive document that addresses various aspects related to stock ownership, voting rights, share transferability, and other essential matters concerning their business relationship.
A New Mexico Stockholders Agreement is a legally binding document that outlines the rights, obligations, and responsibilities of stockholders in a company. It serves as a framework for managing and protecting the interests of the involved parties. Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp are the parties involved in this specific agreement. The agreement between them can be categorized into different types depending on the specific provisions and objectives they entail. Some common types include: 1. Voting Agreement: This type of agreement outlines the voting rights and procedures of the stockholders. It defines the percentage of shares required to make significant decisions, such as electing board members or approving mergers and acquisitions. 2. Buy-Sell Agreement: A buy-sell agreement lays out the terms and conditions of buying or selling shares among the stockholders. It establishes a predetermined valuation method, rights of first refusal, and the process for transferring shares in case of voluntary or involuntary situations, such as retirement, death, or bankruptcy. 3. Non-Disclosure Agreement: In situations where the stockholders have access to sensitive company information, a non-disclosure agreement safeguards the confidentiality of that information. It specifies the obligations of the stockholders to protect trade secrets, intellectual property, and any proprietary information. 4. Rights Agreement: This agreement defines the rights and privileges of stockholders, such as preemptive rights, which enable them to maintain their proportional ownership by purchasing new shares before they are offered to others. It may also include anti-dilution provisions to protect stockholders from the dilution of their ownership stake. 5. Shareholders' Voting Rights Agreement: This type of agreement focuses specifically on voting rights and procedures during stockholder meetings. It may include provisions regarding quorum requirements, proxy voting, or any limitations or conditions for exercising voting rights. Overall, the New Mexico Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp is a comprehensive document that addresses various aspects related to stock ownership, voting rights, share transferability, and other essential matters concerning their business relationship.