Exchange and Subscription Agreement between Michael T. Fiore and ID Recap, Inc. regarding merge of ID Recap, Inc. with InterDent, Inc. and the exchange of shares for newly issued shares of capital stock of the company dated October 22, 1999. 8 pages.
King Washington Exchange and Subscription Agreement is a legally binding document that outlines the terms and conditions for the merge of ID Recap, Inc. with Interment, Inc. and the exchange of shares between Michael T. Fire and ID Recap, Inc. This agreement aims to ensure a smooth transition and synergy between the two entities, while protecting the rights and interests of all parties involved. The agreement includes various sections, including the preamble, definitions, terms of the merge, share exchange provisions, representations and warranties, covenants, conditions precedent, termination, and miscellaneous provisions. In terms of the share exchange provisions, the agreement outlines the number of shares being exchanged, the price per share, and the allocation of shares between Michael T. Fire and ID Recap, Inc. This gives a clear understanding of the ownership structure post-merger and helps to determine the authority and control over the merged company. The representations and warranties section ensures that both parties provide accurate and complete information regarding their financials, assets, liabilities, and legal compliance. This helps to minimize the risk of any unforeseen liabilities or discrepancies arising after the merger. Covenants section includes the obligations and commitments of both parties to facilitate a successful merger. This may include non-compete clauses, confidentiality agreements, and cooperation in obtaining necessary approvals and permits. Conditions precedent outline specific conditions that must be satisfied before the merger can proceed. This may include obtaining regulatory approvals, shareholders' consent, and completion of due diligence. Considering different types of King Washington Exchange and Subscription Agreements between Michael T. Fire and ID Recap, Inc. regarding the merge with Interment, Inc. and share exchange, they may include variations such as the Standard Exchange Agreement, Amended and Restated Exchange Agreement, or the Mutual Termination of Exchange Agreement. These variations may differ in terms of specific clauses, conditions, or amendments based on the needs and circumstances of the parties involved. Overall, the King Washington Exchange and Subscription Agreement provides a comprehensive framework for the merge of ID Recap, Inc. with Interment, Inc. and the exchange of shares between Michael T. Fire and ID Recap, Inc. It aims to protect the rights and interests of all parties while ensuring a successful integration of the two companies.
King Washington Exchange and Subscription Agreement is a legally binding document that outlines the terms and conditions for the merge of ID Recap, Inc. with Interment, Inc. and the exchange of shares between Michael T. Fire and ID Recap, Inc. This agreement aims to ensure a smooth transition and synergy between the two entities, while protecting the rights and interests of all parties involved. The agreement includes various sections, including the preamble, definitions, terms of the merge, share exchange provisions, representations and warranties, covenants, conditions precedent, termination, and miscellaneous provisions. In terms of the share exchange provisions, the agreement outlines the number of shares being exchanged, the price per share, and the allocation of shares between Michael T. Fire and ID Recap, Inc. This gives a clear understanding of the ownership structure post-merger and helps to determine the authority and control over the merged company. The representations and warranties section ensures that both parties provide accurate and complete information regarding their financials, assets, liabilities, and legal compliance. This helps to minimize the risk of any unforeseen liabilities or discrepancies arising after the merger. Covenants section includes the obligations and commitments of both parties to facilitate a successful merger. This may include non-compete clauses, confidentiality agreements, and cooperation in obtaining necessary approvals and permits. Conditions precedent outline specific conditions that must be satisfied before the merger can proceed. This may include obtaining regulatory approvals, shareholders' consent, and completion of due diligence. Considering different types of King Washington Exchange and Subscription Agreements between Michael T. Fire and ID Recap, Inc. regarding the merge with Interment, Inc. and share exchange, they may include variations such as the Standard Exchange Agreement, Amended and Restated Exchange Agreement, or the Mutual Termination of Exchange Agreement. These variations may differ in terms of specific clauses, conditions, or amendments based on the needs and circumstances of the parties involved. Overall, the King Washington Exchange and Subscription Agreement provides a comprehensive framework for the merge of ID Recap, Inc. with Interment, Inc. and the exchange of shares between Michael T. Fire and ID Recap, Inc. It aims to protect the rights and interests of all parties while ensuring a successful integration of the two companies.