New Mexico Sample Stock Purchase Agreement between Humana, Inc., Physician Corporation of America and Folksamerica Holding Company, Inc

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9316
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Humana, Inc., Physician Corporation of America and Folksamerica Holding Company, Inc. regarding guarantee of obligations and sale of shares of common stock dated December 30, 1999. 74 pages. A New Mexico Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions under which the transfer of stocks between Human, Inc., Physician Corporation of America, and Folksamerica Holding Company, Inc. occurs. This agreement is specific to transactions involving companies in the healthcare industry and is governed by the laws and regulations of the state of New Mexico. The key elements of the New Mexico Sample Stock Purchase Agreement may include: 1. Parties Involved: The agreement will clearly identify the involved parties, including the buyer (Human, Inc.), the seller (Physician Corporation of America), and any relevant intermediaries or affiliates (Folksamerica Holding Company, Inc.). 2. Stock Description: The specific class, type, and number of stocks being purchased will be defined in detail. This includes information such as par value, voting rights, dividend entitlements, and any restrictions or preferences associated with the stocks. 3. Purchase Price: The agreed-upon purchase price for the shares will be stated, along with any related provisions for payment terms, adjustments, and escrow arrangements. 4. Representations and Warranties: Both parties will make certain representations and warranties about their authority to enter into the agreement, the accuracy of the provided information, and compliance with applicable laws. 5. Conditions Precedent: The agreement will outline any conditions that must be fulfilled before the completion of the stock purchase, such as regulatory approvals, due diligence, or the absence of material adverse changes. 6. Closing and Delivery: The process and timeline for the closing of the transaction will be specified, including the required documents, certificates, and forms to be delivered by each party. 7. Indemnification: The agreement typically includes provisions for indemnification, stating that one party will compensate the other for any losses, damages, or liabilities resulting from breaches of representations, warranties, or covenants. 8. Non-Competition and Non-Disclosure: If applicable, the agreement may include provisions to restrict the seller from competing or disclosing confidential information post-transaction. There may be variations of the New Mexico Sample Stock Purchase Agreement between Human, Inc., Physician Corporation of America, and Folksamerica Holding Company, Inc. that are customized to address specific scenarios or additional agreements between the parties, such as asset purchase agreements, shareholder agreements, or earn-out arrangements. It is essential to consult legal professionals and tailor the agreement to meet the specific needs and intentions of all involved parties.

A New Mexico Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions under which the transfer of stocks between Human, Inc., Physician Corporation of America, and Folksamerica Holding Company, Inc. occurs. This agreement is specific to transactions involving companies in the healthcare industry and is governed by the laws and regulations of the state of New Mexico. The key elements of the New Mexico Sample Stock Purchase Agreement may include: 1. Parties Involved: The agreement will clearly identify the involved parties, including the buyer (Human, Inc.), the seller (Physician Corporation of America), and any relevant intermediaries or affiliates (Folksamerica Holding Company, Inc.). 2. Stock Description: The specific class, type, and number of stocks being purchased will be defined in detail. This includes information such as par value, voting rights, dividend entitlements, and any restrictions or preferences associated with the stocks. 3. Purchase Price: The agreed-upon purchase price for the shares will be stated, along with any related provisions for payment terms, adjustments, and escrow arrangements. 4. Representations and Warranties: Both parties will make certain representations and warranties about their authority to enter into the agreement, the accuracy of the provided information, and compliance with applicable laws. 5. Conditions Precedent: The agreement will outline any conditions that must be fulfilled before the completion of the stock purchase, such as regulatory approvals, due diligence, or the absence of material adverse changes. 6. Closing and Delivery: The process and timeline for the closing of the transaction will be specified, including the required documents, certificates, and forms to be delivered by each party. 7. Indemnification: The agreement typically includes provisions for indemnification, stating that one party will compensate the other for any losses, damages, or liabilities resulting from breaches of representations, warranties, or covenants. 8. Non-Competition and Non-Disclosure: If applicable, the agreement may include provisions to restrict the seller from competing or disclosing confidential information post-transaction. There may be variations of the New Mexico Sample Stock Purchase Agreement between Human, Inc., Physician Corporation of America, and Folksamerica Holding Company, Inc. that are customized to address specific scenarios or additional agreements between the parties, such as asset purchase agreements, shareholder agreements, or earn-out arrangements. It is essential to consult legal professionals and tailor the agreement to meet the specific needs and intentions of all involved parties.