San Antonio Texas Sample Purchase and Sale Agreement Purchase and Sale of stock between GEC Acquisition Corp., Exigent International, Inc., GEC North America Corp.

• Category: Corporations - Public - Purchase
• State: Multi-State
• City: San Antonio
• Control #: US-EG-9221
• Format: Word; Rich Text

Description

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 Title: San Antonio Texas Sample Purchase and Sale Agreement for Stock Transfer between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. Introduction: The following is a detailed description of the San Antonio Texas Sample Purchase and Sale Agreement for the Purchase and Sale of stock. This agreement is entered into by GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. In this transaction, the parties exchange ownership of certain stocks, and the agreement outlines all the terms and conditions to facilitate a smooth transfer. I. Parties Involved: a. GET Acquisition Corp.: This is the buyer or purchaser of the stock in this agreement. b. Exigent International, Inc.: The seller party that possesses the stock to be sold. c. GET North America Corp.: The third-party involved, potentially acting as an intermediary or providing necessary documentation. II. Stock Transfer Details: a. Stock Description: The agreement specifies the nature and type of stock being transferred, including the number of shares, class, series, and any special rights or limitations. b. Purchase Price: The agreed-upon monetary value for the stock being sold, often stated as a per-share price or a total sum. c. Payment Terms: The terms of payment, such as the method and timeline of payment, are clearly defined in the agreement. d. Closing Date: The date on which the stock transfer will be completed and ownership officially changes hands. III. Representations and Warranties: a. Seller's Representations: Exigent International, Inc. provides various assurances regarding their ownership rights, authority to sell, valid stock certificates, and the absence of any legal disputes. b. Buyer's Representations: GET Acquisition Corp. guarantees that it is authorized to enter into the agreement, has the necessary funds to complete the purchase, and will comply with any legal obligations. c. Due Diligence: Both parties commit to conducting due diligence to ensure the accuracy of the statements and representations made. IV. Conditions Precedent: a. Securities and Exchange Commission (SEC) Approvals: If the transfer involves publicly traded stocks, the agreement may require obtaining necessary approvals or complying with regulations set by the SEC. b. Corporate Consents: If any of the parties are corporations, they may need to obtain internal corporate approvals for the stock transfer. c. Third-Party Consents: If the stock subjected to the sale is subject to any third-party agreements (e.g., voting rights, shareholder agreements), the agreement may require obtaining necessary consents. V. Governing Law and Jurisdiction: The agreement should specify the jurisdiction whose laws will govern the execution and interpretation of the agreement, ensuring clarity in case of any disputes. Note: The provided description covers a basic purchase and sale agreement for stock transfer. Specific variations and additional clauses may be included based on the unique requirements of GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. It is advisable to consult legal professionals to draft a comprehensive agreement tailored to your specific circumstances.

Title: San Antonio Texas Sample Purchase and Sale Agreement for Stock Transfer between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. Introduction: The following is a detailed description of the San Antonio Texas Sample Purchase and Sale Agreement for the Purchase and Sale of stock. This agreement is entered into by GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. In this transaction, the parties exchange ownership of certain stocks, and the agreement outlines all the terms and conditions to facilitate a smooth transfer. I. Parties Involved: a. GET Acquisition Corp.: This is the buyer or purchaser of the stock in this agreement. b. Exigent International, Inc.: The seller party that possesses the stock to be sold. c. GET North America Corp.: The third-party involved, potentially acting as an intermediary or providing necessary documentation. II. Stock Transfer Details: a. Stock Description: The agreement specifies the nature and type of stock being transferred, including the number of shares, class, series, and any special rights or limitations. b. Purchase Price: The agreed-upon monetary value for the stock being sold, often stated as a per-share price or a total sum. c. Payment Terms: The terms of payment, such as the method and timeline of payment, are clearly defined in the agreement. d. Closing Date: The date on which the stock transfer will be completed and ownership officially changes hands. III. Representations and Warranties: a. Seller's Representations: Exigent International, Inc. provides various assurances regarding their ownership rights, authority to sell, valid stock certificates, and the absence of any legal disputes. b. Buyer's Representations: GET Acquisition Corp. guarantees that it is authorized to enter into the agreement, has the necessary funds to complete the purchase, and will comply with any legal obligations. c. Due Diligence: Both parties commit to conducting due diligence to ensure the accuracy of the statements and representations made. IV. Conditions Precedent: a. Securities and Exchange Commission (SEC) Approvals: If the transfer involves publicly traded stocks, the agreement may require obtaining necessary approvals or complying with regulations set by the SEC. b. Corporate Consents: If any of the parties are corporations, they may need to obtain internal corporate approvals for the stock transfer. c. Third-Party Consents: If the stock subjected to the sale is subject to any third-party agreements (e.g., voting rights, shareholder agreements), the agreement may require obtaining necessary consents. V. Governing Law and Jurisdiction: The agreement should specify the jurisdiction whose laws will govern the execution and interpretation of the agreement, ensuring clarity in case of any disputes. Note: The provided description covers a basic purchase and sale agreement for stock transfer. Specific variations and additional clauses may be included based on the unique requirements of GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. It is advisable to consult legal professionals to draft a comprehensive agreement tailored to your specific circumstances.