Franklin Ohio Sample Stock Purchase Agreement Agreement between Vlasic Foods International, Inc., Money's Foods (U.S.) Ltd., and Money's Mushrooms, Ltd.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• County: Franklin
• Control #: US-EG-9164
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Vlasic Foods International, Inc., Money's Foods (U.S.) Ltd., and Money's Mushrooms, Ltd. dated December 17, 1999. 60 pages Franklin Ohio Sample Stock Purchase Agreement is a legal document that outlines the terms and conditions of a stock purchase transaction. This agreement is between Vlasic Foods International, Inc., a leading food company, and Money's Foods (U.S.) Ltd., a subsidiary of Money's Mushrooms, Ltd., a prominent mushroom producer. The agreement is designed to facilitate the acquisition of stocks in Money's Foods (U.S.) Ltd. by Vlasic Foods International, Inc. The Franklin Ohio Sample Stock Purchase Agreement comprises several key sections. Firstly, it provides a comprehensive background on the involved parties, describing Vlasic Foods International, Inc. and its business operations, as well as Money's Foods (U.S.) Ltd. and its relationship to Money's Mushrooms, Ltd. This information sheds light on the entities' respective roles and enables a clear understanding of the transaction. The agreement then establishes the terms of the stock purchase, including the number of shares being acquired, the purchase price per share, and any applicable adjustments or contingencies. It meticulously defines the closing date, by which the stock purchase must be completed, and outlines the payment method agreed upon by both parties. Furthermore, the agreement addresses representations and warranties, ensuring that both parties provide accurate and reliable information regarding their financial standing, corporate authority, intellectual property, compliance with laws, and other pertinent matters. This section is crucial as it establishes the foundation for transparency and trust between the parties involved. To protect the interests of both Vlasic Foods International, Inc. and Money's Foods (U.S.) Ltd., the agreement also incorporates provisions for indemnification, subject to certain limitations, in the event of a breach of contract or financial loss resulting from misrepresentations or undisclosed liabilities. In addition, the Franklin Ohio Sample Stock Purchase Agreement sets forth various conditions precedent that must be satisfied for the transaction's completion. These conditions usually include obtaining necessary shareholder and regulatory approvals, as well as the absence of any material adverse change in the financial condition or operations of either party. Possible variations of the Franklin Ohio Sample Stock Purchase Agreement could include agreements with different companies or individuals, alternative purchase price structures, adjustments to the representations and warranties, specific provisions to accommodate unique circumstances, and additional clauses tailored to suit the specific needs of the parties involved. In summary, the Franklin Ohio Sample Stock Purchase Agreement delineates the terms and conditions of a stock purchase transaction between Vlasic Foods International, Inc. and Money's Foods (U.S.) Ltd., a subsidiary of Money's Mushrooms, Ltd. It encompasses crucial sections like background information, stock purchase terms, representations and warranties, indemnification provisions, conditions precedent, and more. The agreement is focused on ensuring a smooth and legally sound transfer of stocks, protecting the interests of both parties, and establishing a solid foundation for a successful transaction.

Franklin Ohio Sample Stock Purchase Agreement is a legal document that outlines the terms and conditions of a stock purchase transaction. This agreement is between Vlasic Foods International, Inc., a leading food company, and Money's Foods (U.S.) Ltd., a subsidiary of Money's Mushrooms, Ltd., a prominent mushroom producer. The agreement is designed to facilitate the acquisition of stocks in Money's Foods (U.S.) Ltd. by Vlasic Foods International, Inc. The Franklin Ohio Sample Stock Purchase Agreement comprises several key sections. Firstly, it provides a comprehensive background on the involved parties, describing Vlasic Foods International, Inc. and its business operations, as well as Money's Foods (U.S.) Ltd. and its relationship to Money's Mushrooms, Ltd. This information sheds light on the entities' respective roles and enables a clear understanding of the transaction. The agreement then establishes the terms of the stock purchase, including the number of shares being acquired, the purchase price per share, and any applicable adjustments or contingencies. It meticulously defines the closing date, by which the stock purchase must be completed, and outlines the payment method agreed upon by both parties. Furthermore, the agreement addresses representations and warranties, ensuring that both parties provide accurate and reliable information regarding their financial standing, corporate authority, intellectual property, compliance with laws, and other pertinent matters. This section is crucial as it establishes the foundation for transparency and trust between the parties involved. To protect the interests of both Vlasic Foods International, Inc. and Money's Foods (U.S.) Ltd., the agreement also incorporates provisions for indemnification, subject to certain limitations, in the event of a breach of contract or financial loss resulting from misrepresentations or undisclosed liabilities. In addition, the Franklin Ohio Sample Stock Purchase Agreement sets forth various conditions precedent that must be satisfied for the transaction's completion. These conditions usually include obtaining necessary shareholder and regulatory approvals, as well as the absence of any material adverse change in the financial condition or operations of either party. Possible variations of the Franklin Ohio Sample Stock Purchase Agreement could include agreements with different companies or individuals, alternative purchase price structures, adjustments to the representations and warranties, specific provisions to accommodate unique circumstances, and additional clauses tailored to suit the specific needs of the parties involved. In summary, the Franklin Ohio Sample Stock Purchase Agreement delineates the terms and conditions of a stock purchase transaction between Vlasic Foods International, Inc. and Money's Foods (U.S.) Ltd., a subsidiary of Money's Mushrooms, Ltd. It encompasses crucial sections like background information, stock purchase terms, representations and warranties, indemnification provisions, conditions precedent, and more. The agreement is focused on ensuring a smooth and legally sound transfer of stocks, protecting the interests of both parties, and establishing a solid foundation for a successful transaction.