New Mexico Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9157
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Goshen Rubber Companies, Inc., William P. Johnson, shareholders and Wynn's International, Inc. dated October 20, 1999. 5 pages New Mexico Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc.: 1. Introduction: This New Mexico Sample Stock Purchase Agreement (the "Agreement") is entered into by and between Goshen Rubber Companies, Inc., a company organized and existing under the laws of the State of New Mexico, hereinafter referred to as "Seller" or "Goshen Rubber," and Wynn's International, Inc., a corporation organized and existing under the laws of the State of New Mexico, hereinafter referred to as "Buyer" or "Wynn's International." 2. Definitions: 2.1 Purchase Price: The total consideration for the sale and purchase of the shares. 2.2 Closing Date: The date on which the transaction is completed. 2.3 Shares: The shares of common stock, par value [insert value] per share, issued and outstanding in the capital stock of Goshen Rubber. 3. Stock Purchase: 3.1 Agreement to Sell: The Seller agrees to sell and the Buyer agrees to purchase all the issued and outstanding shares of Goshen Rubber. 3.2 Purchase Price: The Buyer shall pay the Seller the agreed purchase price within [insert number] days of the Closing Date. 3.3 Adjustment of Purchase Price: Any adjusted purchase price shall be subject to negotiation and mutual agreement by both parties. 4. Representations and Warranties: 4.1 Representations by the Seller: The Seller represents and warrants that it is duly organized, validly existing, and in good standing under New Mexico law. 4.2 Representations by the Buyer: The Buyer represents and warrants that it has full power and authority to enter into and perform its obligations under this Agreement. 5. Closing: 5.1 Closing Date: The Closing Date shall occur no later than [insert date] or any other mutually agreed-upon date. 5.2 Delivery of Documents: Both parties shall provide all necessary documents, including stock certificates and transfer instruments, to effectuate the transfer of the shares. 5.3 Escrow: A mutually agreed-upon escrow agent shall hold all relevant documents until the transaction is completed. 6. Governing Law and Jurisdiction: This Agreement shall be governed and construed in accordance with the laws of the State of New Mexico. Any disputes arising from this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts in New Mexico. Additional types of New Mexico Sample Stock Purchase Agreements between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc., may include: 1. Asset Purchase Agreement: A variation of the stock purchase agreement where only specific assets and liabilities of Goshen Rubber are transferred, rather than the entire company. 2. Merger Agreement: If the parties wish to merge Goshen Rubber with Wynn's International, a merger agreement outlines the terms and conditions of the merger, including the exchange of shares. 3. Shareholders' Agreement: A separate agreement to govern the rights and obligations of the shareholders of the merged entity, including matters such as voting rights, dividend distribution, and corporate governance. 4. Nondisclosure Agreement: A confidentiality agreement between the parties involved to protect sensitive information during the negotiation and due diligence period. Note: The contents provided here do not constitute legal advice. It is recommended to consult with a qualified attorney or legal professional when drafting or entering into any stock purchase agreement.

New Mexico Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc.: 1. Introduction: This New Mexico Sample Stock Purchase Agreement (the "Agreement") is entered into by and between Goshen Rubber Companies, Inc., a company organized and existing under the laws of the State of New Mexico, hereinafter referred to as "Seller" or "Goshen Rubber," and Wynn's International, Inc., a corporation organized and existing under the laws of the State of New Mexico, hereinafter referred to as "Buyer" or "Wynn's International." 2. Definitions: 2.1 Purchase Price: The total consideration for the sale and purchase of the shares. 2.2 Closing Date: The date on which the transaction is completed. 2.3 Shares: The shares of common stock, par value [insert value] per share, issued and outstanding in the capital stock of Goshen Rubber. 3. Stock Purchase: 3.1 Agreement to Sell: The Seller agrees to sell and the Buyer agrees to purchase all the issued and outstanding shares of Goshen Rubber. 3.2 Purchase Price: The Buyer shall pay the Seller the agreed purchase price within [insert number] days of the Closing Date. 3.3 Adjustment of Purchase Price: Any adjusted purchase price shall be subject to negotiation and mutual agreement by both parties. 4. Representations and Warranties: 4.1 Representations by the Seller: The Seller represents and warrants that it is duly organized, validly existing, and in good standing under New Mexico law. 4.2 Representations by the Buyer: The Buyer represents and warrants that it has full power and authority to enter into and perform its obligations under this Agreement. 5. Closing: 5.1 Closing Date: The Closing Date shall occur no later than [insert date] or any other mutually agreed-upon date. 5.2 Delivery of Documents: Both parties shall provide all necessary documents, including stock certificates and transfer instruments, to effectuate the transfer of the shares. 5.3 Escrow: A mutually agreed-upon escrow agent shall hold all relevant documents until the transaction is completed. 6. Governing Law and Jurisdiction: This Agreement shall be governed and construed in accordance with the laws of the State of New Mexico. Any disputes arising from this Agreement shall be subject to the exclusive jurisdiction of the state and federal courts in New Mexico. Additional types of New Mexico Sample Stock Purchase Agreements between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc., may include: 1. Asset Purchase Agreement: A variation of the stock purchase agreement where only specific assets and liabilities of Goshen Rubber are transferred, rather than the entire company. 2. Merger Agreement: If the parties wish to merge Goshen Rubber with Wynn's International, a merger agreement outlines the terms and conditions of the merger, including the exchange of shares. 3. Shareholders' Agreement: A separate agreement to govern the rights and obligations of the shareholders of the merged entity, including matters such as voting rights, dividend distribution, and corporate governance. 4. Nondisclosure Agreement: A confidentiality agreement between the parties involved to protect sensitive information during the negotiation and due diligence period. Note: The contents provided here do not constitute legal advice. It is recommended to consult with a qualified attorney or legal professional when drafting or entering into any stock purchase agreement.