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A restricted stock purchase agreement is a type of written agreement that places restrictions on the stockholder's rights with respect to the shares being issued. The restrictions generally restrict selling, transferring, etc.
Stock Purchase Agreement: Everything You Need to KnowName of company.Purchaser's name.Par value of shares.Number of shares being sold.When/where the transaction takes place.Representations and warranties made by purchaser and seller.Potential employee issues, such as bonuses and benefits.More items...?
Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.
A Share Purchase Agreement is a document that transfers company shares (also called stocks) from one party to another. It contains the shares for sale, price, date of the transaction, and other terms and conditions. A share is a unit of ownership in a company, and a shareholder is a person who owns shares.
Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.
A stock purchase agreement (SPA) is the contract that two parties, the buyers and the company or shareholders, written consent is required by law when shares of the company are being bought or sold for any dollar amount.
An asset purchase involves the purchase of the selling company's assets -- including facilities, vehicles, equipment, and stock or inventory. A stock purchase involves the purchase of the selling company's stock only.
In a sale of shares between two parties, a draft SPA is normally drawn up by the buyer's legal representatives, as it's the buyer who is most concerned that the SPA protects them against post-sale liabilities.
A stock purchase agreement, also known as an SPA, is a contract between buyers and sellers of company shares. This legal document transfers the ownership of stock and detail the terms of shares bought and sold by both parties.
What Should I Include in a Sales Contract?Identification of the Parties.Description of the Services and/or Goods.Payment Plan.Delivery.Inspection Period.Warranties.Miscellaneous Provisions.