Middlesex Massachusetts Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• County: Middlesex
• 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. Middlesex Massachusetts Sample Stock Purchase Agreement This Middlesex Massachusetts Sample Stock Purchase Agreement is entered into by and between Grey stone Funding Corporation (“Buyer”) and Schick Technologies, Inc. (“Seller”) on [date]. The agreement outlines the terms and conditions for the purchase of Schick Technologies, Inc.'s stock by Grey stone Funding Corporation. The agreement begins with an introductory clause that sets forth the names and roles of the parties involved, as well as the effective date of the agreement. It also includes a recital section, stating the intention of the buyer to purchase the shares of the seller's company. The agreement then proceeds to define various key terms and provisions such as purchase price, closing date, shareholders' representations and warranties, covenants, etc. These terms are crucial to ensure the smooth execution of the stock purchase agreement. The purchase price section stipulates the agreed-upon amount that Grey stone Funding Corporation will pay to acquire the shares of Schick Technologies, Inc. It also outlines the payment terms, including the manner and schedule of payment. The agreement also includes representations and warranties provided by the shareholders of Schick Technologies, Inc., which are meant to guarantee the accuracy and completeness of the company's financial statements, disclosure of material agreements, compliance with laws, and absence of any undisclosed liabilities. The covenants section outlines the obligations and responsibilities of both buyer and seller during the transition phase leading up to the closing of the stock purchase. It may include provisions on non-competition, employee retention, and cooperation in obtaining necessary approvals. Further sections may include conditions precedent, governing law, dispute resolution mechanisms, confidentiality, and overall termination provisions. Different types of Middlesex Massachusetts Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc. may include variations based on specific terms, conditions, and circumstances of the transaction. Some additional types could be: 1. Asset Purchase Agreement: This agreement involves the purchase of specific assets of Schick Technologies, Inc. rather than the acquisition of its stock. It is typically used when the buyer wishes to acquire only certain assets, such as intellectual property rights, equipment, or real estate, rather than the entire business. 2. Merger Agreement: This agreement outlines the terms and conditions when Grey stone Funding Corporation merges with Schick Technologies, Inc. to form a single entity. The merger can take the form of a statutory merger, wherein one entity absorbs the other, or a consolidation, where both entities combine to form a new company. It is important to note that the exact structure and provisions of Middlesex Massachusetts Sample Stock Purchase Agreement can vary depending on the specific requirements and negotiations between Grey stone Funding Corporation and Schick Technologies, Inc. It is advisable to consult legal professionals to ensure compliance with local laws and regulations during the drafting and execution of the agreement.

Middlesex Massachusetts Sample Stock Purchase Agreement This Middlesex Massachusetts Sample Stock Purchase Agreement is entered into by and between Grey stone Funding Corporation (“Buyer”) and Schick Technologies, Inc. (“Seller”) on [date]. The agreement outlines the terms and conditions for the purchase of Schick Technologies, Inc.'s stock by Grey stone Funding Corporation. The agreement begins with an introductory clause that sets forth the names and roles of the parties involved, as well as the effective date of the agreement. It also includes a recital section, stating the intention of the buyer to purchase the shares of the seller's company. The agreement then proceeds to define various key terms and provisions such as purchase price, closing date, shareholders' representations and warranties, covenants, etc. These terms are crucial to ensure the smooth execution of the stock purchase agreement. The purchase price section stipulates the agreed-upon amount that Grey stone Funding Corporation will pay to acquire the shares of Schick Technologies, Inc. It also outlines the payment terms, including the manner and schedule of payment. The agreement also includes representations and warranties provided by the shareholders of Schick Technologies, Inc., which are meant to guarantee the accuracy and completeness of the company's financial statements, disclosure of material agreements, compliance with laws, and absence of any undisclosed liabilities. The covenants section outlines the obligations and responsibilities of both buyer and seller during the transition phase leading up to the closing of the stock purchase. It may include provisions on non-competition, employee retention, and cooperation in obtaining necessary approvals. Further sections may include conditions precedent, governing law, dispute resolution mechanisms, confidentiality, and overall termination provisions. Different types of Middlesex Massachusetts Sample Stock Purchase Agreements between Grey stone Funding Corporation and Schick Technologies, Inc. may include variations based on specific terms, conditions, and circumstances of the transaction. Some additional types could be: 1. Asset Purchase Agreement: This agreement involves the purchase of specific assets of Schick Technologies, Inc. rather than the acquisition of its stock. It is typically used when the buyer wishes to acquire only certain assets, such as intellectual property rights, equipment, or real estate, rather than the entire business. 2. Merger Agreement: This agreement outlines the terms and conditions when Grey stone Funding Corporation merges with Schick Technologies, Inc. to form a single entity. The merger can take the form of a statutory merger, wherein one entity absorbs the other, or a consolidation, where both entities combine to form a new company. It is important to note that the exact structure and provisions of Middlesex Massachusetts Sample Stock Purchase Agreement can vary depending on the specific requirements and negotiations between Grey stone Funding Corporation and Schick Technologies, Inc. It is advisable to consult legal professionals to ensure compliance with local laws and regulations during the drafting and execution of the agreement.