Agreement for Purchase and Sale of stock between GEC Acquisition Corporation, Exigent International, Inc., GEC North America Corporation, Roger A. Gilmartin, Jacqueline R. Gilmartin, Deborah M. Bowen and Mark W. Brydges regarding the acquisition
Lima, Arizona Sample Purchase and Sale Agreement: Purchase and Sale of Stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. 1. Overview: The Lima, Arizona Sample Purchase and Sale Agreement outline the terms and conditions for the purchase and sale of stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This legally binding agreement establishes the rights, obligations, and responsibilities of the parties involved. 2. Parties: The agreement involves three key parties: GETEC Acquisition Corp.: The acquiring organization that intends to purchase the stock. — Exigent International, Inc.: The company selling its stock to GET Acquisition Corp. GETEC North America Corp.: The corporation whose stock is being purchased and sold. 3. Stock Purchase: The agreement addresses the purchase and sale of stock from Exigent International, Inc., specifically from their subsidiary GET North America Corp. It outlines the quantity, type, and value of the stock being transferred. 4. Consideration: This section specifies the consideration or monetary compensation involved in the transaction. It explains how the purchase price is determined and any additional terms such as payment methods and schedules. 5. Representations and Warranties: To ensure transparency and protect the interests of all parties, this section highlights the representations and warranties made by both the buyer and seller. It covers aspects like ownership, legal compliance, financial statements, and any ongoing litigation or disputes related to the stock being sold. 6. Conditions Precedent: Certain conditions that need to be fulfilled before the completion of the purchase and sale agreement are listed here. These could include regulatory approvals, third-party consents, or any other mutually agreed-upon conditions. 7. Closing and Deliveries: This section outlines the procedures and timelines for the closing of the agreement. It includes details about the transfer of stock certificates, execution of necessary documents, and any other deliverables required to finalize the transaction. 8. Indemnification: The agreement defines the indemnification provisions, which cover the obligations of each party to compensate the other in case of breach, misrepresentation, or violation of the agreement's terms. 9. Governing Law and Jurisdiction: To ensure legal clarity and consistency, this section specifies the governing law and jurisdiction for any disputes arising from the agreement. It helps to establish a framework for resolving conflicts in a fair and timely manner. Potential Types of Lima, Arizona Sample Purchase and Sale Agreements for Stock: — Share Purchase Agreement: Used when the sale involves the purchase of shares of a company rather than the entire company itself. — Asset Purchase Agreement: Pertains to the purchase and sale of specific assets of a company, such as intellectual property, equipment, or real estate. — Merger Agreement: Deals with the consolidation of two or more companies into a single entity through a stock exchange, allowing for the combination of operations, resources, and market presence. Note: The specific type of agreement would depend on the nature and intent of the stock purchase and sale transaction.
Lima, Arizona Sample Purchase and Sale Agreement: Purchase and Sale of Stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. 1. Overview: The Lima, Arizona Sample Purchase and Sale Agreement outline the terms and conditions for the purchase and sale of stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This legally binding agreement establishes the rights, obligations, and responsibilities of the parties involved. 2. Parties: The agreement involves three key parties: GETEC Acquisition Corp.: The acquiring organization that intends to purchase the stock. — Exigent International, Inc.: The company selling its stock to GET Acquisition Corp. GETEC North America Corp.: The corporation whose stock is being purchased and sold. 3. Stock Purchase: The agreement addresses the purchase and sale of stock from Exigent International, Inc., specifically from their subsidiary GET North America Corp. It outlines the quantity, type, and value of the stock being transferred. 4. Consideration: This section specifies the consideration or monetary compensation involved in the transaction. It explains how the purchase price is determined and any additional terms such as payment methods and schedules. 5. Representations and Warranties: To ensure transparency and protect the interests of all parties, this section highlights the representations and warranties made by both the buyer and seller. It covers aspects like ownership, legal compliance, financial statements, and any ongoing litigation or disputes related to the stock being sold. 6. Conditions Precedent: Certain conditions that need to be fulfilled before the completion of the purchase and sale agreement are listed here. These could include regulatory approvals, third-party consents, or any other mutually agreed-upon conditions. 7. Closing and Deliveries: This section outlines the procedures and timelines for the closing of the agreement. It includes details about the transfer of stock certificates, execution of necessary documents, and any other deliverables required to finalize the transaction. 8. Indemnification: The agreement defines the indemnification provisions, which cover the obligations of each party to compensate the other in case of breach, misrepresentation, or violation of the agreement's terms. 9. Governing Law and Jurisdiction: To ensure legal clarity and consistency, this section specifies the governing law and jurisdiction for any disputes arising from the agreement. It helps to establish a framework for resolving conflicts in a fair and timely manner. Potential Types of Lima, Arizona Sample Purchase and Sale Agreements for Stock: — Share Purchase Agreement: Used when the sale involves the purchase of shares of a company rather than the entire company itself. — Asset Purchase Agreement: Pertains to the purchase and sale of specific assets of a company, such as intellectual property, equipment, or real estate. — Merger Agreement: Deals with the consolidation of two or more companies into a single entity through a stock exchange, allowing for the combination of operations, resources, and market presence. Note: The specific type of agreement would depend on the nature and intent of the stock purchase and sale transaction.