San Jose California 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 Jose
• 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 San Jose California Sample Purchase and Sale Agreement is a legally binding document that outlines the terms and conditions for the purchase and sale of stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This agreement is specifically tailored for transactions occurring in San Jose, California. Here is a detailed description of the key components included in this agreement: 1. Parties Involved: The agreement identifies all the parties involved in the purchase and sale of stock, namely GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. 2. Stock Description: This portion of the agreement provides a detailed description of the stock being purchased and sold. It includes information such as the stock name, class, number of shares, and any specific rights or privileges associated with the stock. 3. Purchase Price: The agreement states the agreed-upon purchase price for the stock. It outlines the total consideration, payment terms, any applicable taxes, and the method of payment. 4. Representations and Warranties: This section highlights the representations and warranties made by both the buyer and the seller. It covers aspects such as the authority to enter into the agreement, ownership of the stock, compliance with laws, and any pending legal actions affecting the stock or the parties involved. 5. Closing Conditions: This part outlines the conditions that need to be fulfilled before the closing of the transaction. It may include obtaining necessary regulatory approvals, consents, or waivers. 6. Indemnification: The agreement includes provisions for indemnification, which protects both parties from any losses, liabilities, or claims that may arise from a breach of the agreement or any misrepresentations made. 7. Confidentiality: To protect sensitive information, the agreement may include confidentiality clauses that bind both parties to keep all non-public information confidential. 8. Governing Law: The agreement specifies the governing law of the contract, which in this case would likely be California law, given that the transaction is occurring in San Jose. Different types of San Jose California Sample Purchase and Sale Agreement may exist based on variations in the specific terms and conditions. Some additional types could include: 1. Stock Purchase and Sale Agreement with Earn out Provision: This variation may include provisions for earn out, where part of the purchase price is contingent upon achieving certain financial targets in the future. 2. Stock Purchase and Sale Agreement with Non-Compete Clause: In this type of agreement, the seller may agree not to compete with the buyer in the same industry for a specified period. 3. Stock Purchase and Sale Agreement with Escrow: This variation involves holding a portion of the purchase price in escrow for a specific period to address any potential post-closing adjustments or unresolved issues. 4. Stock Purchase and Sale Agreement with Installment Payments: This type of agreement allows for the purchase price to be paid in multiple installments, rather than in a single lump sum. It's important to consult with legal professionals or obtain expert advice when drafting or using a Sample Purchase and Sale Agreement, as it should be customized to suit the specific needs and requirements of the parties involved.

San Jose California Sample Purchase and Sale Agreement is a legally binding document that outlines the terms and conditions for the purchase and sale of stock between GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. This agreement is specifically tailored for transactions occurring in San Jose, California. Here is a detailed description of the key components included in this agreement: 1. Parties Involved: The agreement identifies all the parties involved in the purchase and sale of stock, namely GET Acquisition Corp., Exigent International, Inc., and GET North America Corp. 2. Stock Description: This portion of the agreement provides a detailed description of the stock being purchased and sold. It includes information such as the stock name, class, number of shares, and any specific rights or privileges associated with the stock. 3. Purchase Price: The agreement states the agreed-upon purchase price for the stock. It outlines the total consideration, payment terms, any applicable taxes, and the method of payment. 4. Representations and Warranties: This section highlights the representations and warranties made by both the buyer and the seller. It covers aspects such as the authority to enter into the agreement, ownership of the stock, compliance with laws, and any pending legal actions affecting the stock or the parties involved. 5. Closing Conditions: This part outlines the conditions that need to be fulfilled before the closing of the transaction. It may include obtaining necessary regulatory approvals, consents, or waivers. 6. Indemnification: The agreement includes provisions for indemnification, which protects both parties from any losses, liabilities, or claims that may arise from a breach of the agreement or any misrepresentations made. 7. Confidentiality: To protect sensitive information, the agreement may include confidentiality clauses that bind both parties to keep all non-public information confidential. 8. Governing Law: The agreement specifies the governing law of the contract, which in this case would likely be California law, given that the transaction is occurring in San Jose. Different types of San Jose California Sample Purchase and Sale Agreement may exist based on variations in the specific terms and conditions. Some additional types could include: 1. Stock Purchase and Sale Agreement with Earn out Provision: This variation may include provisions for earn out, where part of the purchase price is contingent upon achieving certain financial targets in the future. 2. Stock Purchase and Sale Agreement with Non-Compete Clause: In this type of agreement, the seller may agree not to compete with the buyer in the same industry for a specified period. 3. Stock Purchase and Sale Agreement with Escrow: This variation involves holding a portion of the purchase price in escrow for a specific period to address any potential post-closing adjustments or unresolved issues. 4. Stock Purchase and Sale Agreement with Installment Payments: This type of agreement allows for the purchase price to be paid in multiple installments, rather than in a single lump sum. It's important to consult with legal professionals or obtain expert advice when drafting or using a Sample Purchase and Sale Agreement, as it should be customized to suit the specific needs and requirements of the parties involved.