Fulton Georgia Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers

• Category: Corporations - Public - Employees
• State: Multi-State
• County: Fulton
• 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 Fulton Georgia is a rapidly growing city located in the state of Georgia, known for its rich history and vibrant community. It is home to a diverse population and offers a wide range of cultural, recreational, and educational opportunities. The Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a legally binding contract that outlines the terms and conditions of purchasing restricted stock. This agreement is specifically tailored for the relationship between Intermark, Inc. and its purchasers. The agreement includes essential components such as the number of shares to be purchased, the purchase price, the vesting period, and any restrictions or conditions placed on the stock. It also outlines the rights and obligations of both the company and the purchasers, including voting rights, dividend entitlements, and transferability restrictions. There may be variations of the Fulton Georgia Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers, depending on specific circumstances. Some common types of variations include: 1. Employee Restricted Stock Purchase Agreement: This type of agreement is specifically designed for employees of Intermark, Inc. who are being offered the opportunity to purchase restricted stock as part of their compensation package. It may include additional clauses related to employment terms, benefits, and termination conditions. 2. Investor Restricted Stock Purchase Agreement: This variation is intended for external investors who are interested in purchasing restricted stock in Intermark, Inc. It may include clauses related to investor rights, confidentiality provisions, and the company's obligations to provide financial information. 3. Founders Restricted Stock Purchase Agreement: This agreement is specifically tailored for the founders or early-stage individuals who are integral to the establishment of Intermark, Inc. It may include provisions related to the vesting schedule, cliff periods, and restrictions on transferability of shares. 4. Affiliate Restricted Stock Purchase Agreement: This type of agreement applies to affiliates or subsidiaries of Intermark, Inc. who wish to purchase restricted stock. It may include clauses related to control and ownership structure, voting rights, and the responsibility of the parent company. In conclusion, the Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a crucial legal instrument that outlines the terms and conditions of purchasing restricted stock. Its various types cater to different relationships and circumstances involving Intermark, Inc. and its purchasers.

Fulton Georgia is a rapidly growing city located in the state of Georgia, known for its rich history and vibrant community. It is home to a diverse population and offers a wide range of cultural, recreational, and educational opportunities. The Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a legally binding contract that outlines the terms and conditions of purchasing restricted stock. This agreement is specifically tailored for the relationship between Intermark, Inc. and its purchasers. The agreement includes essential components such as the number of shares to be purchased, the purchase price, the vesting period, and any restrictions or conditions placed on the stock. It also outlines the rights and obligations of both the company and the purchasers, including voting rights, dividend entitlements, and transferability restrictions. There may be variations of the Fulton Georgia Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers, depending on specific circumstances. Some common types of variations include: 1. Employee Restricted Stock Purchase Agreement: This type of agreement is specifically designed for employees of Intermark, Inc. who are being offered the opportunity to purchase restricted stock as part of their compensation package. It may include additional clauses related to employment terms, benefits, and termination conditions. 2. Investor Restricted Stock Purchase Agreement: This variation is intended for external investors who are interested in purchasing restricted stock in Intermark, Inc. It may include clauses related to investor rights, confidentiality provisions, and the company's obligations to provide financial information. 3. Founders Restricted Stock Purchase Agreement: This agreement is specifically tailored for the founders or early-stage individuals who are integral to the establishment of Intermark, Inc. It may include provisions related to the vesting schedule, cliff periods, and restrictions on transferability of shares. 4. Affiliate Restricted Stock Purchase Agreement: This type of agreement applies to affiliates or subsidiaries of Intermark, Inc. who wish to purchase restricted stock. It may include clauses related to control and ownership structure, voting rights, and the responsibility of the parent company. In conclusion, the Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a crucial legal instrument that outlines the terms and conditions of purchasing restricted stock. Its various types cater to different relationships and circumstances involving Intermark, Inc. and its purchasers.