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: South Carolina Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The South Carolina Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. is a legally binding document that outlines the terms and conditions of a stock purchase transaction between the two entities. This agreement governs the purchase and sale of shares in Schick Technologies, Inc., providing a comprehensive framework to protect the interests of both parties involved. 1. Agreement Overview: This section provides a detailed introduction to the stock purchase agreement, highlighting its purpose, effective date, and the parties involved. It encompasses a broad outline of the agreement's structure, including key provisions, terms, and definitions used throughout the document. 2. Purchase and Sale of Stock: This section delineates the specific details of the stock being sold, such as the number of shares, class of stock, and purchase price. It covers the conditions precedent to closing the transaction, including the representations and warranties made by both Grey stone Funding Corporation and Schick Technologies, Inc. regarding the stock's ownership and condition. 3. Consideration and Payment: Here, the agreement defines the payment terms and conditions, detailing the form and manner of consideration, including any adjustments and provisions for holding funds in escrow. It may outline the rights and responsibilities of the buyer and seller with regard to the payment process, ensuring a smooth and secure transaction. 4. Closing and Post-Closing Matters: This section elucidates the procedure for closing the transaction and transferring ownership of the stock. It covers the obligations of each party, including any post-closing undertakings related to filings, documentation, and necessary regulatory compliance. 5. Confidentiality and Non-Disclosure: The agreement may include provisions regarding confidentiality and non-disclosure, safeguarding proprietary information, trade secrets, and other sensitive data shared during the negotiation and execution of the transaction. 6. Dispute Resolution and Governing Law: This section outlines the procedure for resolving disputes and selecting the applicable governing law, often being the laws of South Carolina. It may specify the jurisdiction where any legal actions or claims shall be brought. Additional Types of South Carolina Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Share Purchase Agreement for Merger or Acquisition: This agreement is tailored specifically for transactions involving a merger or acquisition where Grey stone Funding Corporation acquires a controlling interest in Schick Technologies, Inc. 2. Stock Purchase Agreement for Minority Shareholders: This agreement focuses on the purchase and sale of a minority stake in Schick Technologies, Inc. by Grey stone Funding Corporation, showcasing different terms and provisions relevant to such transactions. Conclusion: The South Carolina Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a comprehensive framework for conducting stock purchase transactions while protecting the rights and interests of both parties involved. By adhering to key provisions and legal requirements, this agreement ensures a transparent and secure transfer of ownership in compliance with South Carolina laws.
Title: South Carolina Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The South Carolina Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. is a legally binding document that outlines the terms and conditions of a stock purchase transaction between the two entities. This agreement governs the purchase and sale of shares in Schick Technologies, Inc., providing a comprehensive framework to protect the interests of both parties involved. 1. Agreement Overview: This section provides a detailed introduction to the stock purchase agreement, highlighting its purpose, effective date, and the parties involved. It encompasses a broad outline of the agreement's structure, including key provisions, terms, and definitions used throughout the document. 2. Purchase and Sale of Stock: This section delineates the specific details of the stock being sold, such as the number of shares, class of stock, and purchase price. It covers the conditions precedent to closing the transaction, including the representations and warranties made by both Grey stone Funding Corporation and Schick Technologies, Inc. regarding the stock's ownership and condition. 3. Consideration and Payment: Here, the agreement defines the payment terms and conditions, detailing the form and manner of consideration, including any adjustments and provisions for holding funds in escrow. It may outline the rights and responsibilities of the buyer and seller with regard to the payment process, ensuring a smooth and secure transaction. 4. Closing and Post-Closing Matters: This section elucidates the procedure for closing the transaction and transferring ownership of the stock. It covers the obligations of each party, including any post-closing undertakings related to filings, documentation, and necessary regulatory compliance. 5. Confidentiality and Non-Disclosure: The agreement may include provisions regarding confidentiality and non-disclosure, safeguarding proprietary information, trade secrets, and other sensitive data shared during the negotiation and execution of the transaction. 6. Dispute Resolution and Governing Law: This section outlines the procedure for resolving disputes and selecting the applicable governing law, often being the laws of South Carolina. It may specify the jurisdiction where any legal actions or claims shall be brought. Additional Types of South Carolina Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Share Purchase Agreement for Merger or Acquisition: This agreement is tailored specifically for transactions involving a merger or acquisition where Grey stone Funding Corporation acquires a controlling interest in Schick Technologies, Inc. 2. Stock Purchase Agreement for Minority Shareholders: This agreement focuses on the purchase and sale of a minority stake in Schick Technologies, Inc. by Grey stone Funding Corporation, showcasing different terms and provisions relevant to such transactions. Conclusion: The South Carolina Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a comprehensive framework for conducting stock purchase transactions while protecting the rights and interests of both parties involved. By adhering to key provisions and legal requirements, this agreement ensures a transparent and secure transfer of ownership in compliance with South Carolina laws.