Oakland Michigan Sample Stock Purchase Agreement between Greystone Funding Corporation and Schick Technologies, Inc.

• Category: Corporations - Public - Stock Purchase Sample
• State: Multi-State
• County: Oakland
• 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. Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This Sample Stock Purchase Agreement ("Agreement") outlines the terms and conditions under which Grey stone Funding Corporation ("Grey stone") agrees to purchase stocks from Schick Technologies, Inc. ("Schick") in Oakland, Michigan. This agreement is entered into on [Date], by and between the parties involved. 1. Parties. The parties involved in this Agreement are as follows: a. Grey stone Funding Corporation ("Buyer"), a legally registered corporation with its principal place of business at [Address]. b. Schick Technologies, Inc. ("Seller"), a legally registered corporation with its principal place of business at [Address]. 2. Subject. This Agreement pertains to the purchase of stocks issued by Schick Technologies, Inc. in Oakland, Michigan. The total number of shares, share price, and other related details shall be agreed upon between the parties through good faith negotiations. 3. Purchase Price. The purchase price for the stock shall be determined by multiplying the number of shares by the agreed-upon per-share price. The parties shall agree on the final purchase price before the completion of this Agreement. 4. Closing Date. The closing of this Agreement and transfer of stocks shall take place on [Closing Date]. The Seller shall deliver the stock certificates and all necessary documents related to the stocks to the Buyer on the Closing Date against payment of the purchase price. 5. Representations and Warranties. Both parties represent and warrant that they have the authority to enter into this Agreement and perform their obligations under it. The Seller further represents that it has legally issued the stocks and the stocks are valid and free from any encumbrances, allowing for a valid transfer of ownership to the Buyer. 6. Indemnification. The Seller agrees to indemnify and hold harmless the Buyer from any losses, claims, or liabilities arising out of any breach of representations, warranties, or obligations stated in this Agreement. 7. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the state of Michigan. Any disputes or controversies arising out of or relating to this Agreement shall be settled through arbitration. Additional Types of Oakland Michigan Sample Stock Purchase Agreements Between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Preferred Stock Purchase Agreement: This type of agreement outlines the purchase of preferred stocks issued by Schick Technologies, Inc. It includes specific terms and conditions related to the preferred stock class, preferential rights, and dividends, among other factors. 2. Restricted Stock Purchase Agreement: This type of agreement pertains to the purchase of restricted stocks issued by Schick Technologies, Inc. It outlines the restrictions on the transferability and sale of the stocks as well as any vesting schedule or conditions associated with the purchase. 3. Stock Purchase Agreement with Earn out Provision: This type of agreement includes a Darn out provision, where a portion of the stock purchase price is contingent on the achievement of certain predefined performance targets by Schick Technologies, Inc. This provision allows for additional payment to the Seller based on the future financial performance of the company. It is essential for parties involved in any stock purchase agreement to consult legal professionals to draft an agreement that suits their specific requirements and comply with applicable laws and regulations in the state of Michigan.

Sample Stock Purchase Agreement between Grey stone Funding Corporation and Schick Technologies, Inc. This Sample Stock Purchase Agreement ("Agreement") outlines the terms and conditions under which Grey stone Funding Corporation ("Grey stone") agrees to purchase stocks from Schick Technologies, Inc. ("Schick") in Oakland, Michigan. This agreement is entered into on [Date], by and between the parties involved. 1. Parties. The parties involved in this Agreement are as follows: a. Grey stone Funding Corporation ("Buyer"), a legally registered corporation with its principal place of business at [Address]. b. Schick Technologies, Inc. ("Seller"), a legally registered corporation with its principal place of business at [Address]. 2. Subject. This Agreement pertains to the purchase of stocks issued by Schick Technologies, Inc. in Oakland, Michigan. The total number of shares, share price, and other related details shall be agreed upon between the parties through good faith negotiations. 3. Purchase Price. The purchase price for the stock shall be determined by multiplying the number of shares by the agreed-upon per-share price. The parties shall agree on the final purchase price before the completion of this Agreement. 4. Closing Date. The closing of this Agreement and transfer of stocks shall take place on [Closing Date]. The Seller shall deliver the stock certificates and all necessary documents related to the stocks to the Buyer on the Closing Date against payment of the purchase price. 5. Representations and Warranties. Both parties represent and warrant that they have the authority to enter into this Agreement and perform their obligations under it. The Seller further represents that it has legally issued the stocks and the stocks are valid and free from any encumbrances, allowing for a valid transfer of ownership to the Buyer. 6. Indemnification. The Seller agrees to indemnify and hold harmless the Buyer from any losses, claims, or liabilities arising out of any breach of representations, warranties, or obligations stated in this Agreement. 7. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the state of Michigan. Any disputes or controversies arising out of or relating to this Agreement shall be settled through arbitration. Additional Types of Oakland Michigan Sample Stock Purchase Agreements Between Grey stone Funding Corporation and Schick Technologies, Inc.: 1. Preferred Stock Purchase Agreement: This type of agreement outlines the purchase of preferred stocks issued by Schick Technologies, Inc. It includes specific terms and conditions related to the preferred stock class, preferential rights, and dividends, among other factors. 2. Restricted Stock Purchase Agreement: This type of agreement pertains to the purchase of restricted stocks issued by Schick Technologies, Inc. It outlines the restrictions on the transferability and sale of the stocks as well as any vesting schedule or conditions associated with the purchase. 3. Stock Purchase Agreement with Earn out Provision: This type of agreement includes a Darn out provision, where a portion of the stock purchase price is contingent on the achievement of certain predefined performance targets by Schick Technologies, Inc. This provision allows for additional payment to the Seller based on the future financial performance of the company. It is essential for parties involved in any stock purchase agreement to consult legal professionals to draft an agreement that suits their specific requirements and comply with applicable laws and regulations in the state of Michigan.