San Diego California Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.

State:
Multi-State
County:
San Diego
Control #:
US-EG-9146
Format:
Word; 
Rich Text
Instant download

Description

Stock Purchase Agr. btwn Integrated Communication Networks, Inc. (a/k/a Global Access Pagers, Inc.), PhoneXchange, Inc., et al. dated January 1, 1999. 63 pages

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How to fill out San Diego California Sample Stock Purchase Agreement Between Integrated Communication Networks, Inc. And PhoneXchange, Inc.?

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FAQ

Here are parts of an asset purchase agreement that you may want to include in your document. Recitals.Definitions.Purchase Price and Allocation.Closing Terms.Warranties.Covenants.Indemnification.Governance.

Common Stock Agreement means an agreement executed by a Common Stockholder and the Company as contemplated by Section 5, below, which imposes on the shares of Common Stock held by the Common Stockholder such restrictions as the Board or Committee deem appropriate.

The short answer is yes. Handwritten contracts are slightly impractical when you could just type them up, but they are completely legal if written properly. In fact, they're even preferable to verbal contracts in many ways.

Stock purchase agreements (SPAs) are legally binding contracts between shareholders and companies. Also known as share purchase agreements, these contracts establish all of the terms and conditions related to the sale of a company's stocks.

A stock and asset purchase agreement is a contract between the buyer and seller of a business. It outlines the terms, conditions, and details regarding the sale of shares or ownership interest in an existing company.

The key provisions detail the terms of the transaction: the number and type of stock sold (i.e. common, preferred) the purchase price.

Stock Purchase Agreement: Everything You Need to Know Name of company. Purchaser's name. Par value of shares. Number of shares being sold. When/where the transaction takes place. Representations and warranties made by purchaser and seller. Potential employee issues, such as bonuses and benefits.

Any purchase agreement should include at least the following information: The identity of the buyer and seller. A description of the property being purchased. The purchase price. The terms as to how and when payment is to be made. The terms as to how, when, and where the goods will be delivered to the purchaser.

Once an asset purchase is complete, the assets and liabilities that have been purchased are moved to the new entity and the old entity (and any assets or liabilities it still owns) must be wound down. In a stock purchase, the buyer purchases the entire company, including all assets and liabilities.

Either the buyer or the seller can draft the Share Purchase Agreement. However, it's common for the buyer to draft the agreement so that it matches the terms they proposed in their Letter of Intent. Often, buyers propose a share purchase with a Letter of Intent first.

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San Diego California Sample Stock Purchase Agreement between Integrated Communication Networks, Inc. and PhoneXchange, Inc.