Allegheny Pennsylvania Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers

• Category: Corporations - Public - Employees
• State: Multi-State
• County: Allegheny
• Control #: US-CC-19-221
• Format: Word; Rich Text

Description

19-221 19-221 . . . Restricted Stock Purchase Agreement under which (a) officers were given right to purchase shares of common stock at market price of shares on date of Agreements, (b) purchase price of shares is to be paid by four full-recourse promissory notes bearing interest at 9% with up to 1/2 of annual interest deferred until specified date, (c) 25% of shares vest cumulatively on 1st, 2nd, 3rd and 4th anniversaries of date of grant (or earlier in event of change in control) and (d) if purchaser ceases to be an employee, corporation has right to repurchase unvested portion of purchaser's shares at original purchase price plus interest paid on notes covering such shares Allegheny, Pennsylvania is a county located in the southwestern region of the state. It is home to a diverse population and offers a rich history, vibrant culture, and numerous attractions. The Allegheny, Pennsylvania Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a legal document that outlines the terms and conditions of the purchase of restricted stock. This agreement provides protection for both parties involved and ensures a fair and transparent transaction. Keywords: — Allegheny, Pennsylvania: The location where the agreement is being executed. — Sample Restricted Stock Purchase Agreement: A template or example document that outlines the terms of purchasing restricted stock. — Intermark, Inc.: The company selling the restricted stock. — Purchasers: The individuals or entities buying the restricted stock. Types of Allegheny Pennsylvania Sample Restricted Stock Purchase Agreements: 1. Standard Restricted Stock Purchase Agreement: This refers to the basic version of the agreement that covers the standard terms and conditions of purchasing restricted stock. 2. Customized Restricted Stock Purchase Agreement: This type of agreement is tailored to meet specific requirements and unique circumstances of the parties involved. It may include additional provisions or clauses to address specific concerns or considerations. 3. Employee Stock Purchase Agreement: This agreement is designed specifically for employees to purchase shares of their employers' restricted stock. It outlines special terms and conditions, such as eligibility criteria, purchase price, and vesting schedules, that are relevant to employees. 4. Investor Stock Purchase Agreement: This type of agreement is suitable for investors looking to acquire restricted stock as part of their investment portfolio. It may include provisions related to due diligence, representations and warranties, and exit strategies. It's important to note that the names and specific features of the agreements may vary based on the parties involved and their specific requirements. Therefore, it is recommended to seek legal advice and refer to the appropriate documentation relevant to a particular situation.

Allegheny, Pennsylvania is a county located in the southwestern region of the state. It is home to a diverse population and offers a rich history, vibrant culture, and numerous attractions. The Allegheny, Pennsylvania Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a legal document that outlines the terms and conditions of the purchase of restricted stock. This agreement provides protection for both parties involved and ensures a fair and transparent transaction. Keywords: — Allegheny, Pennsylvania: The location where the agreement is being executed. — Sample Restricted Stock Purchase Agreement: A template or example document that outlines the terms of purchasing restricted stock. — Intermark, Inc.: The company selling the restricted stock. — Purchasers: The individuals or entities buying the restricted stock. Types of Allegheny Pennsylvania Sample Restricted Stock Purchase Agreements: 1. Standard Restricted Stock Purchase Agreement: This refers to the basic version of the agreement that covers the standard terms and conditions of purchasing restricted stock. 2. Customized Restricted Stock Purchase Agreement: This type of agreement is tailored to meet specific requirements and unique circumstances of the parties involved. It may include additional provisions or clauses to address specific concerns or considerations. 3. Employee Stock Purchase Agreement: This agreement is designed specifically for employees to purchase shares of their employers' restricted stock. It outlines special terms and conditions, such as eligibility criteria, purchase price, and vesting schedules, that are relevant to employees. 4. Investor Stock Purchase Agreement: This type of agreement is suitable for investors looking to acquire restricted stock as part of their investment portfolio. It may include provisions related to due diligence, representations and warranties, and exit strategies. It's important to note that the names and specific features of the agreements may vary based on the parties involved and their specific requirements. Therefore, it is recommended to seek legal advice and refer to the appropriate documentation relevant to a particular situation.