Phoenix Arizona Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Greystone Funding Corp

• Category: Corporations - Public - Stockholder
• State: Multi-State
• City: Phoenix
• 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 A Phoenix Arizona Stockholders Agreement is a legally binding contract that outlines the rights and obligations of the stockholders involved in a company. Specifically, the agreement is between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. It serves as a tool to govern the relationship between the stockholders and ensure transparency, clarify responsibilities, and protect the interests of all parties involved. This agreement typically covers a wide range of important aspects such as: 1. Ownership and Stock Rights: The agreement specifies the number and type of shares owned by each party involved, as well as any restrictions or limitations imposed on the transferability of these shares. 2. Voting Rights: It outlines the voting power of each stockholder and the decision-making process for significant matters that affect the company, such as mergers, acquisitions, or changes to the company's bylaws. 3. Board Representation: The agreement may determine the number of board seats allocated to each party, along with procedures for appointing directors and their responsibilities. 4. Rights and Obligations: It establishes the rights, duties, and responsibilities of the stockholders, including financial obligations, insider trading restrictions, and non-compete clauses. 5. Transfers and Buy-Sell Provisions: This section outlines the circumstances under which a stockholder may sell or transfer their shares, as well as processes for any potential buyback or sale of shares among the parties involved. 6. Dispute Resolution: In case of disagreements or disputes among the stockholders, the agreement may provide mechanisms to resolve disputes, such as mediation or arbitration, to avoid costly litigation. 7. Confidentiality and Non-Disclosure: This clause ensures that confidential information regarding the company's operations, trade secrets, and proprietary information remains protected. 8. Termination and Amendment: The agreement may include provisions for terminating or amending the agreement, requiring a specific procedure to do so. It's essential to note that there may be different types and variations of Phoenix Arizona Stockholders Agreements between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp, depending on the specific circumstances and needs of the parties involved. Some alternative types of stockholders agreements could include Shareholder Voting Agreements, Drag-Along and Tag-Along Rights Agreements, and Shareholder Control Agreements, among others.

A Phoenix Arizona Stockholders Agreement is a legally binding contract that outlines the rights and obligations of the stockholders involved in a company. Specifically, the agreement is between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. It serves as a tool to govern the relationship between the stockholders and ensure transparency, clarify responsibilities, and protect the interests of all parties involved. This agreement typically covers a wide range of important aspects such as: 1. Ownership and Stock Rights: The agreement specifies the number and type of shares owned by each party involved, as well as any restrictions or limitations imposed on the transferability of these shares. 2. Voting Rights: It outlines the voting power of each stockholder and the decision-making process for significant matters that affect the company, such as mergers, acquisitions, or changes to the company's bylaws. 3. Board Representation: The agreement may determine the number of board seats allocated to each party, along with procedures for appointing directors and their responsibilities. 4. Rights and Obligations: It establishes the rights, duties, and responsibilities of the stockholders, including financial obligations, insider trading restrictions, and non-compete clauses. 5. Transfers and Buy-Sell Provisions: This section outlines the circumstances under which a stockholder may sell or transfer their shares, as well as processes for any potential buyback or sale of shares among the parties involved. 6. Dispute Resolution: In case of disagreements or disputes among the stockholders, the agreement may provide mechanisms to resolve disputes, such as mediation or arbitration, to avoid costly litigation. 7. Confidentiality and Non-Disclosure: This clause ensures that confidential information regarding the company's operations, trade secrets, and proprietary information remains protected. 8. Termination and Amendment: The agreement may include provisions for terminating or amending the agreement, requiring a specific procedure to do so. It's essential to note that there may be different types and variations of Phoenix Arizona Stockholders Agreements between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp, depending on the specific circumstances and needs of the parties involved. Some alternative types of stockholders agreements could include Shareholder Voting Agreements, Drag-Along and Tag-Along Rights Agreements, and Shareholder Control Agreements, among others.