Salt Lake Utah Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Greystone Funding Corp

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Salt Lake
• 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 Salt Lake Utah Stockholders Agreement is a legally binding document that outlines the rights and responsibilities of the shareholders involved in the agreement. In this particular agreement between Schick Technologies, Inc. and its shareholders David Schick and Allen Schick, as well as Grey stone Funding Corp, the agreement focuses on various aspects such as ownership rights, decision-making processes, and potential disputes. The agreement begins by defining the parties involved and establishing their roles within the company. Schick Technologies, Inc. is the primary company in which David Schick and Allen Schick are shareholders, while Grey stone Funding Corp is another shareholder potentially involved in the agreement. Ownership rights are a crucial aspect of the Stockholders Agreement. This section clarifies the number and type of shares each shareholder holds, as well as limitations, if any, on transferring or selling the shares. It will also discuss any specific arrangements related to the voting rights attached to those shares. The decision-making processes and corporate governance are also addressed in the agreement. It may specify how key decisions are made, such as the appointment of directors or approval of major corporate actions. Additionally, it might outline the roles and responsibilities of each shareholder, including any special designations or rights afforded to them. To handle potential disputes, the agreement typically includes provisions for dispute resolution and mechanisms for settling conflicts. This may involve mandatory mediation or arbitration to avoid costly litigation and maintain amicable relations between the shareholders. Additionally, the Stockholders Agreement may outline any specific financial obligations or rights of the shareholders. This can include matters such as dividend distributions, capital contributions, or procedures for accessing company financial records. Sometimes, there can be variations or different types of Stockholders Agreements. For example, a Stock Purchase Agreement might focus on the sale or purchase of shares between the shareholders, while a Voting Agreement might center around voting decisions and agreements between the shareholders. These agreements serve to address specific aspects or situations that may arise within the broader framework of the overall Stockholders Agreement. In conclusion, a Salt Lake Utah Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp is a comprehensive document that governs the rights and obligations of shareholders in their respective roles within the company. It outlines ownership rights, decision-making processes, dispute resolution mechanisms, and other relevant financial considerations. Different types of Stockholders Agreements may exist, each focusing on specific aspects or circumstances of the overall agreement.

A Salt Lake Utah Stockholders Agreement is a legally binding document that outlines the rights and responsibilities of the shareholders involved in the agreement. In this particular agreement between Schick Technologies, Inc. and its shareholders David Schick and Allen Schick, as well as Grey stone Funding Corp, the agreement focuses on various aspects such as ownership rights, decision-making processes, and potential disputes. The agreement begins by defining the parties involved and establishing their roles within the company. Schick Technologies, Inc. is the primary company in which David Schick and Allen Schick are shareholders, while Grey stone Funding Corp is another shareholder potentially involved in the agreement. Ownership rights are a crucial aspect of the Stockholders Agreement. This section clarifies the number and type of shares each shareholder holds, as well as limitations, if any, on transferring or selling the shares. It will also discuss any specific arrangements related to the voting rights attached to those shares. The decision-making processes and corporate governance are also addressed in the agreement. It may specify how key decisions are made, such as the appointment of directors or approval of major corporate actions. Additionally, it might outline the roles and responsibilities of each shareholder, including any special designations or rights afforded to them. To handle potential disputes, the agreement typically includes provisions for dispute resolution and mechanisms for settling conflicts. This may involve mandatory mediation or arbitration to avoid costly litigation and maintain amicable relations between the shareholders. Additionally, the Stockholders Agreement may outline any specific financial obligations or rights of the shareholders. This can include matters such as dividend distributions, capital contributions, or procedures for accessing company financial records. Sometimes, there can be variations or different types of Stockholders Agreements. For example, a Stock Purchase Agreement might focus on the sale or purchase of shares between the shareholders, while a Voting Agreement might center around voting decisions and agreements between the shareholders. These agreements serve to address specific aspects or situations that may arise within the broader framework of the overall Stockholders Agreement. In conclusion, a Salt Lake Utah Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp is a comprehensive document that governs the rights and obligations of shareholders in their respective roles within the company. It outlines ownership rights, decision-making processes, dispute resolution mechanisms, and other relevant financial considerations. Different types of Stockholders Agreements may exist, each focusing on specific aspects or circumstances of the overall agreement.