Stockholders Agreement among Schick Technologies, Inc., David Schick, Allen Schick and Greystone Funding Corporation dated December 27, 1999. 5 pages
The King Washington Stockholders Agreement is a legally binding contract between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp that outlines the rights, responsibilities, and obligations of each party regarding the ownership and management of the company's stocks. This agreement sets forth the terms and conditions by which the shareholders will govern their relationship and ensure proper corporate governance. Keywords: King Washington Stockholders Agreement, Schick Technologies, Inc., David Schick, Allen Schick, Grey stone Funding Corp, ownership, management, stocks, rights, responsibilities, obligations, relationship, corporate governance. There are various types of King Washington Stockholders Agreements that can be customized to meet specific needs and circumstances: 1. Standard King Washington Stockholders Agreement: This is a comprehensive agreement that covers all essential aspects of shareholder rights, voting procedures, decision-making processes, dividend distributions, buy-sell provisions, and dispute resolution mechanisms. 2. Voting Agreement: This type of King Washington Stockholders Agreement focuses primarily on voting rights and procedures, ensuring that all shareholders have an equal say in important corporate decisions. It may include provisions related to cumulative voting, proxy voting, super majority voting, and voting agreements in case of a deadlock. 3. Buy-Sell Agreement: A buy-sell agreement is a specific provision within the King Washington Stockholders Agreement that outlines the mechanisms for the purchase and sale of shares among shareholders. It typically includes rights of first refusal, drag-along rights, tag-along rights, and valuation mechanisms to ensure a fair and smooth transfer of ownership in case of specific events, such as the death, disability, retirement, or voluntary sale of shares by a shareholder. 4. Right of First Refusal Agreement: This type of King Washington Stockholders Agreement grants existing shareholders the right to purchase any newly issued or privately transferred shares before they are offered to outside parties. This provision helps maintain control over the ownership structure and prevents unwanted shareholders from entering the company without existing shareholders' consent. 5. Shareholder Dispute Resolution Agreement: In situations where conflicts or disputes arise among shareholders, a specific provision governing dispute resolution mechanisms can be included within the King Washington Stockholders Agreement. This may include arbitration or mediation procedures to expedite and resolve disagreements without resorting to costly and time-consuming litigation. In conclusion, the King Washington Stockholders Agreement provides a detailed framework for the rights, responsibilities, and obligations of shareholders in Schick Technologies, Inc., including David Schick, Allen Schick, and Grey stone Funding Corp. The agreement can be tailored to various types and situations, such as voting agreements, buy-sell agreements, right of first refusal agreements, and dispute resolution agreements.
The King Washington Stockholders Agreement is a legally binding contract between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp that outlines the rights, responsibilities, and obligations of each party regarding the ownership and management of the company's stocks. This agreement sets forth the terms and conditions by which the shareholders will govern their relationship and ensure proper corporate governance. Keywords: King Washington Stockholders Agreement, Schick Technologies, Inc., David Schick, Allen Schick, Grey stone Funding Corp, ownership, management, stocks, rights, responsibilities, obligations, relationship, corporate governance. There are various types of King Washington Stockholders Agreements that can be customized to meet specific needs and circumstances: 1. Standard King Washington Stockholders Agreement: This is a comprehensive agreement that covers all essential aspects of shareholder rights, voting procedures, decision-making processes, dividend distributions, buy-sell provisions, and dispute resolution mechanisms. 2. Voting Agreement: This type of King Washington Stockholders Agreement focuses primarily on voting rights and procedures, ensuring that all shareholders have an equal say in important corporate decisions. It may include provisions related to cumulative voting, proxy voting, super majority voting, and voting agreements in case of a deadlock. 3. Buy-Sell Agreement: A buy-sell agreement is a specific provision within the King Washington Stockholders Agreement that outlines the mechanisms for the purchase and sale of shares among shareholders. It typically includes rights of first refusal, drag-along rights, tag-along rights, and valuation mechanisms to ensure a fair and smooth transfer of ownership in case of specific events, such as the death, disability, retirement, or voluntary sale of shares by a shareholder. 4. Right of First Refusal Agreement: This type of King Washington Stockholders Agreement grants existing shareholders the right to purchase any newly issued or privately transferred shares before they are offered to outside parties. This provision helps maintain control over the ownership structure and prevents unwanted shareholders from entering the company without existing shareholders' consent. 5. Shareholder Dispute Resolution Agreement: In situations where conflicts or disputes arise among shareholders, a specific provision governing dispute resolution mechanisms can be included within the King Washington Stockholders Agreement. This may include arbitration or mediation procedures to expedite and resolve disagreements without resorting to costly and time-consuming litigation. In conclusion, the King Washington Stockholders Agreement provides a detailed framework for the rights, responsibilities, and obligations of shareholders in Schick Technologies, Inc., including David Schick, Allen Schick, and Grey stone Funding Corp. The agreement can be tailored to various types and situations, such as voting agreements, buy-sell agreements, right of first refusal agreements, and dispute resolution agreements.