Virgin Islands Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• Control #: US-EG-9228
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages. Virgin Islands Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc.: An Overview The Virgin Islands Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. represents a legal document that details the terms and conditions governing the purchase of stock between the two parties. This agreement serves as a framework for the exchange of shares, providing a clear understanding of the terms, rights, and obligations of both parties involved. Key Terms and Provisions: 1. Parties and Definitions: Grey stonene Funding Corporation: A corporation registered in the Virgin Islands and acting as the buyer. — Schick Technologies, Inc.: A corporation registered in the Virgin Islands and acting as the seller. 2. Purchase and Sale of Stock: Grey stonene Funding Corporation agrees to purchase a specified number of shares of common stock from Schick Technologies, Inc. — Schick Technologies, Inc. agrees to sell the specified number of shares to Grey stone Funding Corporation. 3. Purchase Price and Payment Terms: — The purchase price per share is predetermined and agreed upon by both parties. — Payment terms, including the agreed-upon payment method and schedule, are outlined. 4. Representations and Warranties: — Both parties make certain representations and warranties about their legal capacity, organization, authority, financial standing, and ownership of the stock being sold and purchased. — Indemnification provisions are usually included to protect both parties in case any of the representations or warranties are breached. 5. Closing: — The agreement sets out the closing date, which is the day when the purchase of the stock is executed. — Closing conditions are outlined, including potential requirements for regulatory approvals or consents. Alternate Types of the Virgin Islands Sample Stock Purchase Agreements: 1. Asset Purchase Agreement: — This type of agreement outlines the purchase of specific assets, such as real estate, intellectual property, or equipment, instead of stock. 2. Stock Option Purchase Agreement: — This agreement relates to the purchase of stock options, allowing the buyer to acquire shares at a predetermined price and within a specified time frame. 3. Share Exchange Agreement: — This agreement regulates the exchange of shares between two companies, enabling one party to acquire a controlling interest in the other. In conclusion, the Virgin Islands Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. provides a comprehensive legal framework for the purchase and sale of stock shares. Understanding the key terms of this agreement is vital for both parties to ensure a smooth transaction and protect their interests.

Virgin Islands Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc.: An Overview The Virgin Islands Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. represents a legal document that details the terms and conditions governing the purchase of stock between the two parties. This agreement serves as a framework for the exchange of shares, providing a clear understanding of the terms, rights, and obligations of both parties involved. Key Terms and Provisions: 1. Parties and Definitions: Grey stonene Funding Corporation: A corporation registered in the Virgin Islands and acting as the buyer. — Schick Technologies, Inc.: A corporation registered in the Virgin Islands and acting as the seller. 2. Purchase and Sale of Stock: Grey stonene Funding Corporation agrees to purchase a specified number of shares of common stock from Schick Technologies, Inc. — Schick Technologies, Inc. agrees to sell the specified number of shares to Grey stone Funding Corporation. 3. Purchase Price and Payment Terms: — The purchase price per share is predetermined and agreed upon by both parties. — Payment terms, including the agreed-upon payment method and schedule, are outlined. 4. Representations and Warranties: — Both parties make certain representations and warranties about their legal capacity, organization, authority, financial standing, and ownership of the stock being sold and purchased. — Indemnification provisions are usually included to protect both parties in case any of the representations or warranties are breached. 5. Closing: — The agreement sets out the closing date, which is the day when the purchase of the stock is executed. — Closing conditions are outlined, including potential requirements for regulatory approvals or consents. Alternate Types of the Virgin Islands Sample Stock Purchase Agreements: 1. Asset Purchase Agreement: — This type of agreement outlines the purchase of specific assets, such as real estate, intellectual property, or equipment, instead of stock. 2. Stock Option Purchase Agreement: — This agreement relates to the purchase of stock options, allowing the buyer to acquire shares at a predetermined price and within a specified time frame. 3. Share Exchange Agreement: — This agreement regulates the exchange of shares between two companies, enabling one party to acquire a controlling interest in the other. In conclusion, the Virgin Islands Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. provides a comprehensive legal framework for the purchase and sale of stock shares. Understanding the key terms of this agreement is vital for both parties to ensure a smooth transaction and protect their interests.