Convertible Preferred Stock Purchase Agreement between Sheldahl, Inc., Molex Incorporated and Richard C. Wilcox, Jr. dated January 11, 2000. 12 pages
Puerto Rico Sample Convertible Preferred Stock Purchase Agreement Introduction: The Puerto Rico Sample Convertible Preferred Stock Purchase Agreement is a legally binding document that governs the purchase of convertible preferred stock between Shell, Inc., Mole Incorporated, and Richard C. Wilcox, Jr. This agreement outlines the terms and conditions of the transaction, ensuring clarity and protection for all parties involved. Key Terms and provisions: 1. Parties Involved: The agreement is entered into by Shell, Inc., a corporation incorporated under the laws of Puerto Rico, acting as the issuer of the convertible preferred stock, Mole Incorporated, a corporation incorporated under the laws of Delaware, acting as the purchaser, and Richard C. Wilcox, Jr., an individual, acting as the seller. 2. Convertible Preferred Stock: The agreement defines the specific details of the convertible preferred stock being purchased, including the number of shares, par value, and any special rights or restrictions associated with the stock. 3. Purchase Price: The purchase price for the convertible preferred stock is established in the agreement. It includes the total consideration to be paid by the purchaser and the manner in which the payment will be made. 4. Conditions Precedent: The agreement may include conditions that need to be fulfilled before the purchase takes place. These conditions may include regulatory approvals or the existence of certain financial or legal conditions. 5. Representations and Warranties: Both the issuer and the purchaser will make representations and warranties regarding their legal capacity, authority, and compliance with laws. These representations and warranties ensure the legitimacy and enforceability of the transaction. 6. Conversion Rights: The agreement defines the terms under which the convertible preferred stock can be converted into common shares of the issuer's capital stock. It outlines the conversion ratio, conversion price, and any restrictions or adjustments that may apply. 7. Governing Law and Jurisdiction: The agreement will specify the governing law that will be used to interpret and enforce the provisions. It will also identify the jurisdiction where any disputes arising from the agreement will be resolved. Types of Puerto Rico Sample Convertible Preferred Stock Purchase Agreements: 1. Series A Convertible Preferred Stock Purchase Agreement: This type of agreement specifically pertains to the purchase of Series A Convertible Preferred Stock. It deals with the unique terms and conditions associated with this particular class of stock. 2. Series B Convertible Preferred Stock Purchase Agreement: Similar to the Series A agreement, this type focuses on the purchase of Series B Convertible Preferred Stock, defining the rights and obligations specific to this class. By utilizing the Puerto Rico Sample Convertible Preferred Stock Purchase Agreement, Shell, Inc., Mole Incorporated, and Richard C. Wilcox, Jr. can establish a clear framework for their transaction, ensuring compliance with laws and protecting their respective interests.
Puerto Rico Sample Convertible Preferred Stock Purchase Agreement Introduction: The Puerto Rico Sample Convertible Preferred Stock Purchase Agreement is a legally binding document that governs the purchase of convertible preferred stock between Shell, Inc., Mole Incorporated, and Richard C. Wilcox, Jr. This agreement outlines the terms and conditions of the transaction, ensuring clarity and protection for all parties involved. Key Terms and provisions: 1. Parties Involved: The agreement is entered into by Shell, Inc., a corporation incorporated under the laws of Puerto Rico, acting as the issuer of the convertible preferred stock, Mole Incorporated, a corporation incorporated under the laws of Delaware, acting as the purchaser, and Richard C. Wilcox, Jr., an individual, acting as the seller. 2. Convertible Preferred Stock: The agreement defines the specific details of the convertible preferred stock being purchased, including the number of shares, par value, and any special rights or restrictions associated with the stock. 3. Purchase Price: The purchase price for the convertible preferred stock is established in the agreement. It includes the total consideration to be paid by the purchaser and the manner in which the payment will be made. 4. Conditions Precedent: The agreement may include conditions that need to be fulfilled before the purchase takes place. These conditions may include regulatory approvals or the existence of certain financial or legal conditions. 5. Representations and Warranties: Both the issuer and the purchaser will make representations and warranties regarding their legal capacity, authority, and compliance with laws. These representations and warranties ensure the legitimacy and enforceability of the transaction. 6. Conversion Rights: The agreement defines the terms under which the convertible preferred stock can be converted into common shares of the issuer's capital stock. It outlines the conversion ratio, conversion price, and any restrictions or adjustments that may apply. 7. Governing Law and Jurisdiction: The agreement will specify the governing law that will be used to interpret and enforce the provisions. It will also identify the jurisdiction where any disputes arising from the agreement will be resolved. Types of Puerto Rico Sample Convertible Preferred Stock Purchase Agreements: 1. Series A Convertible Preferred Stock Purchase Agreement: This type of agreement specifically pertains to the purchase of Series A Convertible Preferred Stock. It deals with the unique terms and conditions associated with this particular class of stock. 2. Series B Convertible Preferred Stock Purchase Agreement: Similar to the Series A agreement, this type focuses on the purchase of Series B Convertible Preferred Stock, defining the rights and obligations specific to this class. By utilizing the Puerto Rico Sample Convertible Preferred Stock Purchase Agreement, Shell, Inc., Mole Incorporated, and Richard C. Wilcox, Jr. can establish a clear framework for their transaction, ensuring compliance with laws and protecting their respective interests.