Stock Purchase Agreement between Goshen Rubber Companies, Inc., William P. Johnson, shareholders and Wynn's International, Inc. dated October 20, 1999. 5 pages
Suffolk New York Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc. is a legally binding document that outlines the terms and conditions of a stock purchase transaction between the two parties. This agreement is specifically designed to govern the sale and transfer of shares of Goshen Rubber Companies, Inc. by its shareholders to Wynn's International, Inc. In this transaction, Wynn's International, Inc. seeks to acquire a portion or all of the outstanding shares of Goshen Rubber Companies, Inc., thereby acquiring ownership and control over the company. Key provisions and components included in this agreement encompass: 1. Parties Involved: This section identifies the parties involved in the transaction, including Goshen Rubber Companies, Inc., its shareholders, and Wynn's International, Inc. 2. Purchase Price: This provision establishes the agreed-upon purchase price for the shares being sold. It outlines whether the purchase price will be paid in cash, stock, or a combination of both, and includes provisions for any adjustments that may be necessary. 3. Closing and Delivery: This section outlines the process and timeline for the closing of the transaction, including the date by which the shares will be transferred and any conditions that must be satisfied for the closing to occur. 4. Representations and Warranties: Goshen Rubber Companies, Inc. and its shareholders make certain representations and warranties about the company's financial status, ownership of shares, no litigation, compliance with laws and regulations, and any other pertinent disclosures. 5. Indemnification: This provision establishes the rules and procedures for indemnification in the event that any party breaches the representations and warranties made in the agreement or engages in any fraudulent activities. 6. Governing Law: This section specifies the state laws that will govern the interpretation, validity, and implementation of the agreement, ensuring compliance with Suffolk New York regulations. It's important to note that while this description provides an overview of a standard Suffolk New York Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc., the specific terms and clauses may vary depending on the circumstances or preferences of the parties involved. Different versions of this agreement may exist based on individual negotiation and requirements.
Suffolk New York Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc. is a legally binding document that outlines the terms and conditions of a stock purchase transaction between the two parties. This agreement is specifically designed to govern the sale and transfer of shares of Goshen Rubber Companies, Inc. by its shareholders to Wynn's International, Inc. In this transaction, Wynn's International, Inc. seeks to acquire a portion or all of the outstanding shares of Goshen Rubber Companies, Inc., thereby acquiring ownership and control over the company. Key provisions and components included in this agreement encompass: 1. Parties Involved: This section identifies the parties involved in the transaction, including Goshen Rubber Companies, Inc., its shareholders, and Wynn's International, Inc. 2. Purchase Price: This provision establishes the agreed-upon purchase price for the shares being sold. It outlines whether the purchase price will be paid in cash, stock, or a combination of both, and includes provisions for any adjustments that may be necessary. 3. Closing and Delivery: This section outlines the process and timeline for the closing of the transaction, including the date by which the shares will be transferred and any conditions that must be satisfied for the closing to occur. 4. Representations and Warranties: Goshen Rubber Companies, Inc. and its shareholders make certain representations and warranties about the company's financial status, ownership of shares, no litigation, compliance with laws and regulations, and any other pertinent disclosures. 5. Indemnification: This provision establishes the rules and procedures for indemnification in the event that any party breaches the representations and warranties made in the agreement or engages in any fraudulent activities. 6. Governing Law: This section specifies the state laws that will govern the interpretation, validity, and implementation of the agreement, ensuring compliance with Suffolk New York regulations. It's important to note that while this description provides an overview of a standard Suffolk New York Sample Stock Purchase Agreement between Goshen Rubber Companies, Inc., shareholders and Wynn's International, Inc., the specific terms and clauses may vary depending on the circumstances or preferences of the parties involved. Different versions of this agreement may exist based on individual negotiation and requirements.