Houston Texas Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• City: Houston
• Control #: US-EG-9228
• Format: Word; Rich Text

Description

Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc. regarding the purchase of outstanding capital stock dated December 27, 1999. 7 pages. Title: Houston Texas Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Houston Texas Sample Stock Purchase Agreement is a legal document that outlines the terms and conditions of the purchase and sale of stock between Grey stone Funding Corporation, as the buyer, and Schick Technologies, Inc., as the seller. This agreement sets forth the rights, obligations, and responsibilities of both parties involved in the transaction. Key Terms and Provisions: 1. Purchase Price: The agreement specifies the purchase price for the stock, which includes the monetary value and any additional considerations involved in the transaction. 2. Closing Date: It defines the closing date when the stock transfer will take place, including any necessary actions or documentation required. 3. Representations and Warranties: This section covers the statements made by both parties regarding their company's current financial status and any potential risks involved. 4. Due Diligence: The buyer is given the opportunity to conduct thorough due diligence on the seller's financial records, contracts, and any other necessary documents. 5. Conditions Precedent: Enumerates the conditions both parties must fulfill before the completion of the stock purchase, such as regulatory approvals or any required consents. 6. Indemnification: Outlines the rights and obligations of the parties in case of any breaches or misrepresentations by either party, specifying the indemnification process. 7. Governing Law and Dispute Resolution: Establishes the legal jurisdiction governing the agreement and provides mechanisms for resolving disputes, such as arbitration or mediation. Types of Houston Texas Sample Stock Purchase Agreement: 1. Stock Purchase Agreement with Cash Consideration: Describes a transaction primarily involving a cash payment as the purchase price for the stock. 2. Stock Purchase Agreement with Stock Consideration: Involves the exchange of shares of the acquiring company's stock as part or whole of the purchase price. 3. Stock Purchase Agreement with Earn-Out Provision: Includes a future payment arrangement, usually contingent on the company achieving certain financial or operational performance targets. 4. Stock Purchase Agreement with Seller Financing: Specifies a financing arrangement where the seller provides partial or complete financing to the buyer for the stock purchase. Conclusion: The Houston Texas Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a template for structuring stock purchase transactions. By leveraging this legally binding document, both parties can ensure a transparent and mutually beneficial transaction that protects their rights and interests throughout the process.

Title: Houston Texas Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Introduction: The Houston Texas Sample Stock Purchase Agreement is a legal document that outlines the terms and conditions of the purchase and sale of stock between Grey stone Funding Corporation, as the buyer, and Schick Technologies, Inc., as the seller. This agreement sets forth the rights, obligations, and responsibilities of both parties involved in the transaction. Key Terms and Provisions: 1. Purchase Price: The agreement specifies the purchase price for the stock, which includes the monetary value and any additional considerations involved in the transaction. 2. Closing Date: It defines the closing date when the stock transfer will take place, including any necessary actions or documentation required. 3. Representations and Warranties: This section covers the statements made by both parties regarding their company's current financial status and any potential risks involved. 4. Due Diligence: The buyer is given the opportunity to conduct thorough due diligence on the seller's financial records, contracts, and any other necessary documents. 5. Conditions Precedent: Enumerates the conditions both parties must fulfill before the completion of the stock purchase, such as regulatory approvals or any required consents. 6. Indemnification: Outlines the rights and obligations of the parties in case of any breaches or misrepresentations by either party, specifying the indemnification process. 7. Governing Law and Dispute Resolution: Establishes the legal jurisdiction governing the agreement and provides mechanisms for resolving disputes, such as arbitration or mediation. Types of Houston Texas Sample Stock Purchase Agreement: 1. Stock Purchase Agreement with Cash Consideration: Describes a transaction primarily involving a cash payment as the purchase price for the stock. 2. Stock Purchase Agreement with Stock Consideration: Involves the exchange of shares of the acquiring company's stock as part or whole of the purchase price. 3. Stock Purchase Agreement with Earn-Out Provision: Includes a future payment arrangement, usually contingent on the company achieving certain financial or operational performance targets. 4. Stock Purchase Agreement with Seller Financing: Specifies a financing arrangement where the seller provides partial or complete financing to the buyer for the stock purchase. Conclusion: The Houston Texas Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. serves as a template for structuring stock purchase transactions. By leveraging this legally binding document, both parties can ensure a transparent and mutually beneficial transaction that protects their rights and interests throughout the process.