Los Angeles California Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• County: Los Angeles
• 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. A Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions of a stock purchase between two entities. In this case, we will focus on the Los Angeles, California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Keywords: Los Angeles, California, Sample Stock Purchase Agreement, Grey stone Funding Corporation, Schick Technologies, Inc. Introduction: The Los Angeles, California Sample Stock Purchase Agreement presented here is a legally binding contract between Grey stone Funding Corporation, a financial institution, and Schick Technologies, Inc., a technology company specializing in dental imaging solutions. This agreement signifies the purchase and sale of stocks in Schick Technologies, Inc. by Grey stone Funding Corporation, in accordance with the terms and conditions mentioned herein. Agreement Details: 1. Parties Involved: This agreement is made between Grey stone Funding Corporation, referred to as the "Purchaser," and Schick Technologies, Inc., referred to as the "Buyer." 2. Stock Description: The agreement stipulates the number of shares to be purchased, the par value per share, and the total purchase price. It also mentions any accompanying rights and benefits associated with the stock purchase. 3. Closing Date: The agreement specifies the date by which the transaction should be completed, including the transfer of shares and the payment of the purchase price. 4. Representations and Warranties: Both parties provide detailed representations and warranties related to their legal capacity, title and ownership of securities, financial statements, and compliance with laws and regulations. 5. Purchase Price and Payment: The purchase price for the shares is defined, along with the agreed method and timeline for payment. It outlines whether the payment will be made in full or in installments. 6. Conditions Precedent: The agreement may include specific conditions that must be fulfilled before the transaction can proceed. This can encompass regulatory approvals, shareholder consent, or due diligence. 7. Indemnification: Pertinent to any potential breach of warranties or representations, the agreement may outline the indemnification rights for both parties, including any limitations or exclusions. 8. Confidentiality and Non-Disclosure: Ensuring the protection of sensitive information, this section establishes the obligations of both parties to maintain confidentiality and prohibit disclosure to third parties. 9. Termination and Remedies: Clarifying the circumstances under which the agreement may be terminated, this section describes the remedies available to either party in the event of a breach. 10. Governing Law and Jurisdiction: The agreement specifies the jurisdiction, typically the state where the transaction is taking place, and the governing law under which any disputes will be resolved. Different Types: While this description primarily focuses on the general structure of a Los Angeles, California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc., it should be noted that specific agreements can vary based on factors such as negotiated terms, governing laws, and individual requirements. Conclusion: The Los Angeles, California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. reflects a legally binding contract defining the terms and conditions for the transfer of stock ownership. This agreement ensures transparency, protection of interests, and compliance with legal requirements throughout the transaction. It is important for the involved parties to seek professional legal advice or consult specific templates for a comprehensive and tailored agreement.

A Sample Stock Purchase Agreement is a legally binding document that outlines the terms and conditions of a stock purchase between two entities. In this case, we will focus on the Los Angeles, California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. Keywords: Los Angeles, California, Sample Stock Purchase Agreement, Grey stone Funding Corporation, Schick Technologies, Inc. Introduction: The Los Angeles, California Sample Stock Purchase Agreement presented here is a legally binding contract between Grey stone Funding Corporation, a financial institution, and Schick Technologies, Inc., a technology company specializing in dental imaging solutions. This agreement signifies the purchase and sale of stocks in Schick Technologies, Inc. by Grey stone Funding Corporation, in accordance with the terms and conditions mentioned herein. Agreement Details: 1. Parties Involved: This agreement is made between Grey stone Funding Corporation, referred to as the "Purchaser," and Schick Technologies, Inc., referred to as the "Buyer." 2. Stock Description: The agreement stipulates the number of shares to be purchased, the par value per share, and the total purchase price. It also mentions any accompanying rights and benefits associated with the stock purchase. 3. Closing Date: The agreement specifies the date by which the transaction should be completed, including the transfer of shares and the payment of the purchase price. 4. Representations and Warranties: Both parties provide detailed representations and warranties related to their legal capacity, title and ownership of securities, financial statements, and compliance with laws and regulations. 5. Purchase Price and Payment: The purchase price for the shares is defined, along with the agreed method and timeline for payment. It outlines whether the payment will be made in full or in installments. 6. Conditions Precedent: The agreement may include specific conditions that must be fulfilled before the transaction can proceed. This can encompass regulatory approvals, shareholder consent, or due diligence. 7. Indemnification: Pertinent to any potential breach of warranties or representations, the agreement may outline the indemnification rights for both parties, including any limitations or exclusions. 8. Confidentiality and Non-Disclosure: Ensuring the protection of sensitive information, this section establishes the obligations of both parties to maintain confidentiality and prohibit disclosure to third parties. 9. Termination and Remedies: Clarifying the circumstances under which the agreement may be terminated, this section describes the remedies available to either party in the event of a breach. 10. Governing Law and Jurisdiction: The agreement specifies the jurisdiction, typically the state where the transaction is taking place, and the governing law under which any disputes will be resolved. Different Types: While this description primarily focuses on the general structure of a Los Angeles, California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc., it should be noted that specific agreements can vary based on factors such as negotiated terms, governing laws, and individual requirements. Conclusion: The Los Angeles, California Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. reflects a legally binding contract defining the terms and conditions for the transfer of stock ownership. This agreement ensures transparency, protection of interests, and compliance with legal requirements throughout the transaction. It is important for the involved parties to seek professional legal advice or consult specific templates for a comprehensive and tailored agreement.