Washington Sample Purchase and Sale Agreement Purchase and Sale of stock between GEC Acquisition Corp., Exigent International, Inc., GEC North America Corp.

• Category: Corporations - Public - Purchase
• State: Multi-State
• Control #: US-EG-9221
• Format: Word; Rich Text

Description

Agreement for Purchase and Sale of stock between GEC Acquisition Corporation, Exigent International, Inc., GEC North America Corporation, Roger A. Gilmartin, Jacqueline R. Gilmartin, Deborah M. Bowen and Mark W. Brydges regarding the acquisition A Washington Sample Purchase and Sale Agreement is a legally binding document that outlines the terms and conditions for the purchase and sale of stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This agreement serves as a reference for similar transactions in the State of Washington. Key components of a Washington Sample Purchase and Sale Agreement include: 1. Parties Involved: The agreement should clearly identify the parties involved, namely GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This section should also include their legal names, addresses, and relevant contact information. 2. Stock Description: The agreement should provide a detailed description of the stock being sold, including the number of shares, class or series, voting rights, and any restrictions or limitations associated with the stock. 3. Purchase Price: This section outlines the agreed-upon purchase price for the stock. It should specify if the price is a lump-sum amount or is subject to adjustments based on certain conditions. The payment terms, such as the method of payment and any installment options, should also be clearly outlined. 4. Closing Conditions: The agreement should identify the conditions that need to be met before the transaction can be closed. This typically includes obtaining necessary approvals, clearances, and consents from relevant regulatory bodies or shareholders. 5. Representations and Warranties: Both the buyer and the seller must make certain representations and warranties regarding the stock being sold. These statements ensure that the parties have disclosed accurate and complete information about the stock and their respective companies. 6. Indemnification: The agreement should include provisions addressing indemnification, which specifies the responsibilities of each party in the event of any losses, claims, or damages arising from the sale of stock. 7. Governing Law and Jurisdiction: This section clarifies that the agreement will be governed by the laws of the State of Washington and specifies the jurisdiction for resolving any disputes arising from the agreement. Different types of Washington Sample Purchase and Sale Agreements may exist depending on the specific circumstances of the transaction. For example, variations might occur if there are multiple sellers or if the agreement involves a merger or acquisition instead of a pure stock purchase. These variations would need to be adapted to address the unique factors and considerations of each specific agreement.

A Washington Sample Purchase and Sale Agreement is a legally binding document that outlines the terms and conditions for the purchase and sale of stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This agreement serves as a reference for similar transactions in the State of Washington. Key components of a Washington Sample Purchase and Sale Agreement include: 1. Parties Involved: The agreement should clearly identify the parties involved, namely GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This section should also include their legal names, addresses, and relevant contact information. 2. Stock Description: The agreement should provide a detailed description of the stock being sold, including the number of shares, class or series, voting rights, and any restrictions or limitations associated with the stock. 3. Purchase Price: This section outlines the agreed-upon purchase price for the stock. It should specify if the price is a lump-sum amount or is subject to adjustments based on certain conditions. The payment terms, such as the method of payment and any installment options, should also be clearly outlined. 4. Closing Conditions: The agreement should identify the conditions that need to be met before the transaction can be closed. This typically includes obtaining necessary approvals, clearances, and consents from relevant regulatory bodies or shareholders. 5. Representations and Warranties: Both the buyer and the seller must make certain representations and warranties regarding the stock being sold. These statements ensure that the parties have disclosed accurate and complete information about the stock and their respective companies. 6. Indemnification: The agreement should include provisions addressing indemnification, which specifies the responsibilities of each party in the event of any losses, claims, or damages arising from the sale of stock. 7. Governing Law and Jurisdiction: This section clarifies that the agreement will be governed by the laws of the State of Washington and specifies the jurisdiction for resolving any disputes arising from the agreement. Different types of Washington Sample Purchase and Sale Agreements may exist depending on the specific circumstances of the transaction. For example, variations might occur if there are multiple sellers or if the agreement involves a merger or acquisition instead of a pure stock purchase. These variations would need to be adapted to address the unique factors and considerations of each specific agreement.