Nassau New York Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers

• Category: Corporations - Public - Employees
• State: Multi-State
• County: Nassau
• 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 Nassau, New York is a town located in Rensselaer County, approximately 10 miles southeast of Albany. It is a part of the greater Capital District region and offers a mix of suburban and rural living. Known for its close-knit community, Nassau provides its residents with a peaceful and picturesque environment. One significant aspect of Nassau, New York is its real estate market. It offers a variety of properties, from charming historic homes to newly developed subdivisions. Buyers and sellers in Nassau can benefit from the use of a Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers to ensure a smooth transaction. This type of agreement is typically used in the context of stock ownership, where Intermark, Inc. sells restricted stock to Purchasers under specific conditions. The agreement outlines the terms and conditions of the purchase, such as the number of shares, purchase price, and restrictions placed on the stock's resale or transfer. Furthermore, there might be different types of Nassau New York Sample Restricted Stock Purchase Agreements between Intermark, Inc. and Purchasers, depending on the specific terms agreed upon by the parties involved. Potential variations could include agreements related to employees, executives, or outside investors, each with their own unique provisions and specifications. In conclusion, Nassau, New York offers a tranquil living environment while also catering to a diverse real estate market. With the availability of Sample Restricted Stock Purchase Agreements between Intermark, Inc. and Purchasers, individuals and companies engaging in stock transactions can ensure a secure and efficient process.

Nassau, New York is a town located in Rensselaer County, approximately 10 miles southeast of Albany. It is a part of the greater Capital District region and offers a mix of suburban and rural living. Known for its close-knit community, Nassau provides its residents with a peaceful and picturesque environment. One significant aspect of Nassau, New York is its real estate market. It offers a variety of properties, from charming historic homes to newly developed subdivisions. Buyers and sellers in Nassau can benefit from the use of a Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers to ensure a smooth transaction. This type of agreement is typically used in the context of stock ownership, where Intermark, Inc. sells restricted stock to Purchasers under specific conditions. The agreement outlines the terms and conditions of the purchase, such as the number of shares, purchase price, and restrictions placed on the stock's resale or transfer. Furthermore, there might be different types of Nassau New York Sample Restricted Stock Purchase Agreements between Intermark, Inc. and Purchasers, depending on the specific terms agreed upon by the parties involved. Potential variations could include agreements related to employees, executives, or outside investors, each with their own unique provisions and specifications. In conclusion, Nassau, New York offers a tranquil living environment while also catering to a diverse real estate market. With the availability of Sample Restricted Stock Purchase Agreements between Intermark, Inc. and Purchasers, individuals and companies engaging in stock transactions can ensure a secure and efficient process.