Santa Clara California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers

• Category: Corporations - Public - Employees
• State: Multi-State
• County: Santa Clara
• 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 Santa Clara, California is a vibrant city located in the heart of Silicon Valley. It is known for its innovative technology industry, diverse population, and beautiful landscapes. One type of Santa Clara, California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is the standard agreement. This agreement outlines the terms and conditions under which Intermark, Inc. offers restricted stock to purchasers. It includes clauses related to the purchase price, the number of shares being offered, the vesting schedule, and any restrictions on the sale or transfer of the shares. Another type of Santa Clara, California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is the employee-specific agreement. This agreement is tailored for employees of Intermark, Inc. and includes additional provisions related to employment, such as confidentiality, non-compete, and non-solicitation clauses. The Santa Clara, California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a legally binding document that protects the interests of both the company and the purchasers. It ensures transparency and accountability in the stock purchase process and establishes the rights and obligations of each party involved. Keywords: Santa Clara, California, Sample Restricted Stock Purchase Agreement, Intermark, Inc., Purchasers, Silicon Valley, technology industry, diverse population, landscapes, standard agreement, purchase price, shares, vesting schedule, sale restrictions, transfer restrictions, employee-specific agreement, employment provisions, confidentiality, non-compete, non-solicitation, legally binding, transparency, accountability, rights, obligations.

Santa Clara, California is a vibrant city located in the heart of Silicon Valley. It is known for its innovative technology industry, diverse population, and beautiful landscapes. One type of Santa Clara, California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is the standard agreement. This agreement outlines the terms and conditions under which Intermark, Inc. offers restricted stock to purchasers. It includes clauses related to the purchase price, the number of shares being offered, the vesting schedule, and any restrictions on the sale or transfer of the shares. Another type of Santa Clara, California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is the employee-specific agreement. This agreement is tailored for employees of Intermark, Inc. and includes additional provisions related to employment, such as confidentiality, non-compete, and non-solicitation clauses. The Santa Clara, California Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers is a legally binding document that protects the interests of both the company and the purchasers. It ensures transparency and accountability in the stock purchase process and establishes the rights and obligations of each party involved. Keywords: Santa Clara, California, Sample Restricted Stock Purchase Agreement, Intermark, Inc., Purchasers, Silicon Valley, technology industry, diverse population, landscapes, standard agreement, purchase price, shares, vesting schedule, sale restrictions, transfer restrictions, employee-specific agreement, employment provisions, confidentiality, non-compete, non-solicitation, legally binding, transparency, accountability, rights, obligations.