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: Wisconsin Sample Stock Purchase Agreement: Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Wisconsin Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions of the stock purchase between Grey stone Funding Corporation (the "Buyer") and Schick Technologies, Inc. (the "Seller"). This agreement governs the acquisition of Schick Technologies, Inc.'s stocks by Grey stone Funding Corporation, highlighting the important provisions and obligations of both parties involved. Key Elements of the Wisconsin Sample Stock Purchase Agreement: 1. Parties Involved: Grey stonene Funding Corporation: The buyer who intends to acquire the stocks. — Schick Technologies, Inc.: The seller and the legal entity offering its stocks for purchase. 2. Definitions: In this agreement, various terms and definitions are provided to ensure clarity and consistency throughout the document. Key terms may include "Closing Date," "Assets," "Liabilities," and "Purchase Price." 3. Stock Purchase: — Identification of Stocks: The agreement specifies the number and type of stocks being purchased by Grey stone Funding Corporation. — Purchase Price: The total consideration and payment terms agreed upon by both parties. — Representations and Warranties: Detailed statements made by the Seller regarding the accuracy of information provided, the absence of undisclosed liabilities, and other aspects related to the stocks being sold. — Compliance with Laws: Assurance that the transaction adheres to all applicable laws, regulations, and permits. 4. Closing: — Deliverables: Documents and items required for the transfer of stocks, including stock certificates and legal opinions. — Closing Date: The mutually agreed-upon date on which the stock purchase process is completed. 5. Post-Closing: — Indemnification: Specifics regarding the indemnification of either party against potential losses arising from breaches of representations or warranties made during the stock purchase process. — Non-Competition and Non-Solicitation: Restrictions imposed on the Seller regarding engaging in competitive activities or soliciting customers or employees of the acquired company after the transaction. — Governing Law and Jurisdiction: Designation of Wisconsin law for the interpretation and enforcement of the agreement, along with the jurisdiction in which any disputes will be resolved. Types of Wisconsin Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Standard Wisconsin Sample Stock Purchase Agreement: — A comprehensive document encompassing all essential clauses and provisions commonly required for the purchase of stocks. 2. Wisconsin Sample Stock Purchase Agreement with Earn-out Provision: — This agreement includes additional provisions related to the calculation, conditions, and payment of earn-out amounts based on Schick Technologies, Inc.'s future financial performance after the transaction. 3. Wisconsin Sample Stock Purchase Agreement with Escrow: — In situations where any part of the purchase price is held in escrow, this agreement includes specific clauses detailing the escrow terms, conditions, and release mechanisms. Conclusion: The Wisconsin Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. is a comprehensive legal document that governs the purchase of Schick Technologies, Inc.'s stocks by Grey stone Funding Corporation. This agreement ensures clarity, protection, and adherence to legal requirements, providing a solid foundation for the successful completion of the stock acquisition.
Title: Wisconsin Sample Stock Purchase Agreement: Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Wisconsin Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions of the stock purchase between Grey stone Funding Corporation (the "Buyer") and Schick Technologies, Inc. (the "Seller"). This agreement governs the acquisition of Schick Technologies, Inc.'s stocks by Grey stone Funding Corporation, highlighting the important provisions and obligations of both parties involved. Key Elements of the Wisconsin Sample Stock Purchase Agreement: 1. Parties Involved: Grey stonene Funding Corporation: The buyer who intends to acquire the stocks. — Schick Technologies, Inc.: The seller and the legal entity offering its stocks for purchase. 2. Definitions: In this agreement, various terms and definitions are provided to ensure clarity and consistency throughout the document. Key terms may include "Closing Date," "Assets," "Liabilities," and "Purchase Price." 3. Stock Purchase: — Identification of Stocks: The agreement specifies the number and type of stocks being purchased by Grey stone Funding Corporation. — Purchase Price: The total consideration and payment terms agreed upon by both parties. — Representations and Warranties: Detailed statements made by the Seller regarding the accuracy of information provided, the absence of undisclosed liabilities, and other aspects related to the stocks being sold. — Compliance with Laws: Assurance that the transaction adheres to all applicable laws, regulations, and permits. 4. Closing: — Deliverables: Documents and items required for the transfer of stocks, including stock certificates and legal opinions. — Closing Date: The mutually agreed-upon date on which the stock purchase process is completed. 5. Post-Closing: — Indemnification: Specifics regarding the indemnification of either party against potential losses arising from breaches of representations or warranties made during the stock purchase process. — Non-Competition and Non-Solicitation: Restrictions imposed on the Seller regarding engaging in competitive activities or soliciting customers or employees of the acquired company after the transaction. — Governing Law and Jurisdiction: Designation of Wisconsin law for the interpretation and enforcement of the agreement, along with the jurisdiction in which any disputes will be resolved. Types of Wisconsin Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Standard Wisconsin Sample Stock Purchase Agreement: — A comprehensive document encompassing all essential clauses and provisions commonly required for the purchase of stocks. 2. Wisconsin Sample Stock Purchase Agreement with Earn-out Provision: — This agreement includes additional provisions related to the calculation, conditions, and payment of earn-out amounts based on Schick Technologies, Inc.'s future financial performance after the transaction. 3. Wisconsin Sample Stock Purchase Agreement with Escrow: — In situations where any part of the purchase price is held in escrow, this agreement includes specific clauses detailing the escrow terms, conditions, and release mechanisms. Conclusion: The Wisconsin Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. is a comprehensive legal document that governs the purchase of Schick Technologies, Inc.'s stocks by Grey stone Funding Corporation. This agreement ensures clarity, protection, and adherence to legal requirements, providing a solid foundation for the successful completion of the stock acquisition.