Harris Texas Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Greystone Funding Corp

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Harris
• Control #: US-EG-9097
• Format: Word; Rich Text

Description

Stockholders Agreement among Schick Technologies, Inc., David Schick, Allen Schick and Greystone Funding Corporation dated December 27, 1999. 5 pages The Harris Texas Stockholders Agreement is a legally binding contract established between Schick Technologies, Inc., its founders David Schick and Allen Schick, and Grey stone Funding Corp. This agreement outlines the rights, responsibilities, and obligations of the shareholders involved in the company's operations, ultimately ensuring a fair and efficient management structure. The agreement primarily focuses on the specific terms and conditions regarding the ownership, transfer, and sale of shares held by these parties. It provides a clear framework for the decision-making process within the company and establishes guidelines for resolving any disputes that may arise among the shareholders. Furthermore, the Harris Texas Stockholders Agreement may include provisions regarding profits distribution, appointment of board members, voting rights, and non-compete clauses, which prevent shareholders from engaging in activities that may adversely affect the company's interests. Different types of Harris Texas Stockholders Agreements may exist based on the specific details and requirements of each individual agreement. For example, a variation may arise if there are different classes of shares within the company, granting shareholders varying levels of control and participation in company affairs. Moreover, amendments and addendums may be included in the agreement to address unique circumstances or changes in the business environment, ensuring the agreement remains relevant and up-to-date. In conclusion, the Harris Texas Stockholders Agreement is a crucial legal document for Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. It establishes the framework for their relationship, safeguards their rights, and promotes the smooth functioning of the company.

The Harris Texas Stockholders Agreement is a legally binding contract established between Schick Technologies, Inc., its founders David Schick and Allen Schick, and Grey stone Funding Corp. This agreement outlines the rights, responsibilities, and obligations of the shareholders involved in the company's operations, ultimately ensuring a fair and efficient management structure. The agreement primarily focuses on the specific terms and conditions regarding the ownership, transfer, and sale of shares held by these parties. It provides a clear framework for the decision-making process within the company and establishes guidelines for resolving any disputes that may arise among the shareholders. Furthermore, the Harris Texas Stockholders Agreement may include provisions regarding profits distribution, appointment of board members, voting rights, and non-compete clauses, which prevent shareholders from engaging in activities that may adversely affect the company's interests. Different types of Harris Texas Stockholders Agreements may exist based on the specific details and requirements of each individual agreement. For example, a variation may arise if there are different classes of shares within the company, granting shareholders varying levels of control and participation in company affairs. Moreover, amendments and addendums may be included in the agreement to address unique circumstances or changes in the business environment, ensuring the agreement remains relevant and up-to-date. In conclusion, the Harris Texas Stockholders Agreement is a crucial legal document for Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. It establishes the framework for their relationship, safeguards their rights, and promotes the smooth functioning of the company.