Houston Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penncorp Financial Group, Inc. regarding issued and outstanding shares common stock

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• City: Houston
• Control #: US-EG-9222
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Reassur America Life Insurance Company and Penncorp Financial Group, Inc. regarding issued and outstanding shares of common stock dated January 7, 2000. 64 pages. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares common stock. Stock Purchase Agreement This sample stock purchase agreement outlines the terms and conditions between Reassure America Life Insurance Co. (Seller) and Penn corp Financial Group, Inc. (Buyer) for the purchase of issued and outstanding shares of common stock. The agreement encompasses the following key points: 1. Parties involved: The agreement is entered into by and between Reassure America Life Insurance Co. (Seller) and Penn corp Financial Group, Inc. (Buyer), both being legal entities recognized under applicable state and federal laws. 2. Purchase and sale of common stock: The Seller agrees to sell and the Buyer agrees to purchase the issued and outstanding common stock, as mutually agreed upon by the parties involved. 3. Purchase price and consideration: The purchase price for the common stock will be determined based on the negotiated value of the shares, taking into consideration factors such as the company's financial position, market conditions, and any other relevant factors. 4. Closing and Delivery: The closing of the transaction will occur on a mutually agreed-upon date, at which point the Seller will deliver the stock certificates and any required supporting documents to the Buyer. 5. Representations and warranties: Both parties make various representations and warranties regarding their respective authority, capacity, and ownership of the common stock being sold and purchased. These representations ensure that the stock is legally transferable and free from any encumbrances or claims. 6. Indemnification: The agreement includes provisions for indemnification, whereby both parties agree to indemnify and hold harmless against any claims, damages, or liabilities arising out of any breach of representations, warranties, or other obligations under the agreement. 7. Governing law and dispute resolution: The agreement is governed by the laws of the state of Texas, and any disputes arising out of this agreement will be resolved through arbitration or litigation in the courts located within the state of Texas. Alternate Types of Stock Purchase Agreements: 1. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding preferred stock. 2. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding common and preferred stock. 3. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding restricted stock units. These variations of stock purchase agreements would differ based on the type of stock being sold, with each agreement tailored to the unique characteristics and provisions associated with the specific type of stock being purchased or sold.

Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares common stock. Stock Purchase Agreement This sample stock purchase agreement outlines the terms and conditions between Reassure America Life Insurance Co. (Seller) and Penn corp Financial Group, Inc. (Buyer) for the purchase of issued and outstanding shares of common stock. The agreement encompasses the following key points: 1. Parties involved: The agreement is entered into by and between Reassure America Life Insurance Co. (Seller) and Penn corp Financial Group, Inc. (Buyer), both being legal entities recognized under applicable state and federal laws. 2. Purchase and sale of common stock: The Seller agrees to sell and the Buyer agrees to purchase the issued and outstanding common stock, as mutually agreed upon by the parties involved. 3. Purchase price and consideration: The purchase price for the common stock will be determined based on the negotiated value of the shares, taking into consideration factors such as the company's financial position, market conditions, and any other relevant factors. 4. Closing and Delivery: The closing of the transaction will occur on a mutually agreed-upon date, at which point the Seller will deliver the stock certificates and any required supporting documents to the Buyer. 5. Representations and warranties: Both parties make various representations and warranties regarding their respective authority, capacity, and ownership of the common stock being sold and purchased. These representations ensure that the stock is legally transferable and free from any encumbrances or claims. 6. Indemnification: The agreement includes provisions for indemnification, whereby both parties agree to indemnify and hold harmless against any claims, damages, or liabilities arising out of any breach of representations, warranties, or other obligations under the agreement. 7. Governing law and dispute resolution: The agreement is governed by the laws of the state of Texas, and any disputes arising out of this agreement will be resolved through arbitration or litigation in the courts located within the state of Texas. Alternate Types of Stock Purchase Agreements: 1. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding preferred stock. 2. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding common and preferred stock. 3. Houston, Texas Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding restricted stock units. These variations of stock purchase agreements would differ based on the type of stock being sold, with each agreement tailored to the unique characteristics and provisions associated with the specific type of stock being purchased or sold.