New Mexico Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimpling Introduction: The New Mexico Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions under which Chief Consolidated Mining Company (the "Seller") agrees to sell and transfer a certain number of shares to Dimpling (the "Buyer"). This Agreement is specifically designed for use in the state of New Mexico. Key Terms: 1. Purchase Price: The total consideration to be paid by the Buyer for the shares being sold by the Seller. 2. Closing Date: The specific date on which the transaction is completed, and the shares are transferred. 3. Representations and Warranties: Declarations made by the Seller regarding the condition, ownership, and legality of the shares being sold. 4. Due Diligence: The Buyer's right to conduct a thorough investigation of the Seller's financial records, contracts, and other relevant information. 5. Indemnification: The Seller's agreement to compensate the Buyer for any losses, liabilities, or damages resulting from a breach of the Agreement's terms or misrepresentation. Types of New Mexico Sample Stock Purchase Agreement between Chief Consolidated Mining Company and Dimpling: 1. Simple Stock Purchase Agreement: A straightforward agreement outlining the purchase and transfer of shares, without additional complex provisions. 2. Conditional Stock Purchase Agreement: This type of agreement includes conditions and contingencies that must be met before the transaction is considered final, such as regulatory approval or financing arrangements. 3. Stock Purchase Agreement with Earn-Out Provision: If the Buyer agrees to make additional payments contingent on the future performance of the acquired shares, an Earn-Out provision is included to outline the terms and conditions. 4. Stock Purchase Agreement with Escrow: In cases where a portion of the purchase price is held in escrow until certain conditions are met, this type of agreement is used to outline the escrow arrangement. 5. Stock Purchase Agreement with Seller Financing: If the Seller agrees to finance a part of the transaction, including payment plans or loans, this agreement includes provisions for such financing. Conclusion: The New Mexico Sample Stock Purchase Agreement is a comprehensive legal document that ensures a smooth and transparent transfer of shares between Chief Consolidated Mining Company and Dimpling. The key terms, representations and warranties, due diligence, and indemnification provisions safeguard the interests of both parties involved. With different types of agreements available to suit specific circumstances, it allows for flexibility in structuring the stock purchase transaction.