Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages.
Title: New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: This article provides a detailed description of a New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation (Grey stone) and Schick Technologies, Inc. (Schick). This agreement governs the purchase and transfer of stock between the two parties, outlining the rights, obligations, and conditions of the transaction. 1. Parties Involved: The Stock Purchase Agreement involves two entities: Grey stonene Funding Corporation: The purchasing party based in New Mexico. — Schick Technologies, Inc.: The selling party based in New Mexico. 2. Background Information: Provide a brief background on Grey stone Funding Corporation and Schick Technologies, Inc., highlighting their respective businesses, industries, and any relevant details that provide context for the stock purchase agreement. 3. Agreement Types: Mention any variations of the New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc., if applicable. Examples might include: — Sole Stock Purchase AgreementWhereestone nine intends to purchase all outstanding shares of Schick, making it a wholly-owned subsidiary. — Partial Stock Purchase Agreement: When Grey stone intends to purchase a portion of the outstanding shares of Schick, becoming a minority or majority shareholder. 4. Purpose: Explain the purpose of the agreement, which is to facilitate the transfer of stock ownership from Schick Technologies, Inc. to Grey stone Funding Corporation in a legally binding and mutually agreed-upon manner. 5. Key Provisions and Terms: a. Purchase Price: Specify the agreed-upon purchase price for the shares. b. Payment Terms: Outline the payment terms, including any installment or lump-sum options. c. Share Transfer: Define the process and conditions for transferring the shares from Schick to Grey stone's ownership. d. Representations and Warranties: Address the assurances made by both parties regarding their financial standing, ownership, and legal compliance. e. Confidentiality: Establish the confidentiality obligations of both parties to protect sensitive information. f. Governing Law and Jurisdiction: Specify that the agreement will be governed by New Mexico laws, and any disputes will be resolved by state courts. g. Termination and Remedies: Outline provisions for the termination of the agreement and the available remedies, such as arbitration or damages. 6. Conditions Precedent: Enumerate any conditions that must be met before the completion of the agreement, such as regulatory approvals, third-party consents, and compliance with applicable laws and regulations. 7. Closing Process: Describe the steps and responsibilities involved in the closing process, including the exchange of payment, share certificates, and any required documentation. Conclusion: In conclusion, the New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. represents a legally binding agreement that governs the purchase and transfer of stock. It outlines the terms, provisions, and conditions to protect the interests of both parties during the transaction.
Title: New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: This article provides a detailed description of a New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation (Grey stone) and Schick Technologies, Inc. (Schick). This agreement governs the purchase and transfer of stock between the two parties, outlining the rights, obligations, and conditions of the transaction. 1. Parties Involved: The Stock Purchase Agreement involves two entities: Grey stonene Funding Corporation: The purchasing party based in New Mexico. — Schick Technologies, Inc.: The selling party based in New Mexico. 2. Background Information: Provide a brief background on Grey stone Funding Corporation and Schick Technologies, Inc., highlighting their respective businesses, industries, and any relevant details that provide context for the stock purchase agreement. 3. Agreement Types: Mention any variations of the New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc., if applicable. Examples might include: — Sole Stock Purchase AgreementWhereestone nine intends to purchase all outstanding shares of Schick, making it a wholly-owned subsidiary. — Partial Stock Purchase Agreement: When Grey stone intends to purchase a portion of the outstanding shares of Schick, becoming a minority or majority shareholder. 4. Purpose: Explain the purpose of the agreement, which is to facilitate the transfer of stock ownership from Schick Technologies, Inc. to Grey stone Funding Corporation in a legally binding and mutually agreed-upon manner. 5. Key Provisions and Terms: a. Purchase Price: Specify the agreed-upon purchase price for the shares. b. Payment Terms: Outline the payment terms, including any installment or lump-sum options. c. Share Transfer: Define the process and conditions for transferring the shares from Schick to Grey stone's ownership. d. Representations and Warranties: Address the assurances made by both parties regarding their financial standing, ownership, and legal compliance. e. Confidentiality: Establish the confidentiality obligations of both parties to protect sensitive information. f. Governing Law and Jurisdiction: Specify that the agreement will be governed by New Mexico laws, and any disputes will be resolved by state courts. g. Termination and Remedies: Outline provisions for the termination of the agreement and the available remedies, such as arbitration or damages. 6. Conditions Precedent: Enumerate any conditions that must be met before the completion of the agreement, such as regulatory approvals, third-party consents, and compliance with applicable laws and regulations. 7. Closing Process: Describe the steps and responsibilities involved in the closing process, including the exchange of payment, share certificates, and any required documentation. Conclusion: In conclusion, the New Mexico Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. represents a legally binding agreement that governs the purchase and transfer of stock. It outlines the terms, provisions, and conditions to protect the interests of both parties during the transaction.