Hennepin Minnesota Sample Partnership Interest Purchase Agreement between Franklin Covey Company, Daytracker.com, et al

• Category: Corporations - Public - Purchase
• State: Multi-State
• County: Hennepin
• Control #: US-EG-9054
• Format: Word; Rich Text

Description

Partnership Interest Purchase Agreement between Franklin Covey Company, Daytracker.Com, Scot Robinson and Michael Barlow dated December 8, 1999. 34 pages The Hennepin Minnesota Sample Partnership Interest Purchase Agreement is a legally binding document that outlines the terms and conditions of the transfer of partnership interests between Franklin Covey Company, Daytracker.com, and other relevant parties. This agreement governs the sale and purchase of partnership interests and ensures a smooth transition of ownership. Using relevant keywords, this agreement covers various aspects such as: 1. Parties involved: The agreement identifies the parties involved in the transaction, including the Franklin Covey Company, Daytracker.com, and any other relevant entities or individuals. 2. Purchase terms: The agreement outlines the terms and conditions of the purchase, including the price, payment schedule, and any additional considerations. 3. Partnership interests: It defines the specific partnership interests being sold and any restrictions or limitations associated with them. The agreement may also address voting rights, profit-sharing, and managerial responsibilities. 4. Due diligence: The agreement may stipulate that the buyer has the right to conduct due diligence on the partnership to ensure it is in good standing, has no significant liabilities, and all necessary permits and licenses are in place. 5. Representations and warranties: Both parties provide representations and warranties related to their authority, ownership, and any relevant legal matters concerning the partnership interests. This protects both parties from misrepresentation or fraud. 6. Closing and transfer: The agreement outlines the process for closing the purchase, including the necessary documentation, transfer of ownership, and any required filings with the appropriate authorities. 7. Indemnification: It may contain provisions for indemnification, stating that the buyer or seller will be held harmless for any losses, damages, or liabilities arising from the purchase agreement or any misrepresentation. 8. Governing law and jurisdiction: The agreement establishes the governing law and jurisdiction in case of any disputes arising from the purchase. It's important to note that different types of Hennepin Minnesota Sample Partnership Interest Purchase Agreements between Franklin Covey Company, Daytracker.com, et al. may exist depending on the specific circumstances and details of the transaction. These variations may be due to differences in partnership structure, ownership percentages, or any unique agreements made between the parties involved.

The Hennepin Minnesota Sample Partnership Interest Purchase Agreement is a legally binding document that outlines the terms and conditions of the transfer of partnership interests between Franklin Covey Company, Daytracker.com, and other relevant parties. This agreement governs the sale and purchase of partnership interests and ensures a smooth transition of ownership. Using relevant keywords, this agreement covers various aspects such as: 1. Parties involved: The agreement identifies the parties involved in the transaction, including the Franklin Covey Company, Daytracker.com, and any other relevant entities or individuals. 2. Purchase terms: The agreement outlines the terms and conditions of the purchase, including the price, payment schedule, and any additional considerations. 3. Partnership interests: It defines the specific partnership interests being sold and any restrictions or limitations associated with them. The agreement may also address voting rights, profit-sharing, and managerial responsibilities. 4. Due diligence: The agreement may stipulate that the buyer has the right to conduct due diligence on the partnership to ensure it is in good standing, has no significant liabilities, and all necessary permits and licenses are in place. 5. Representations and warranties: Both parties provide representations and warranties related to their authority, ownership, and any relevant legal matters concerning the partnership interests. This protects both parties from misrepresentation or fraud. 6. Closing and transfer: The agreement outlines the process for closing the purchase, including the necessary documentation, transfer of ownership, and any required filings with the appropriate authorities. 7. Indemnification: It may contain provisions for indemnification, stating that the buyer or seller will be held harmless for any losses, damages, or liabilities arising from the purchase agreement or any misrepresentation. 8. Governing law and jurisdiction: The agreement establishes the governing law and jurisdiction in case of any disputes arising from the purchase. It's important to note that different types of Hennepin Minnesota Sample Partnership Interest Purchase Agreements between Franklin Covey Company, Daytracker.com, et al. may exist depending on the specific circumstances and details of the transaction. These variations may be due to differences in partnership structure, ownership percentages, or any unique agreements made between the parties involved.