Asset Purchase Agreement (simple) - PDF and Word Download A Stock Sale and Purchase Agreement is a document used when the owner of stock in a corporation desires to sell that stock. Form ADM) n Short Sale Addendum (C.A.R. For example, if you are selling your stocks in an XYZ company to your colleague, you would be signing this transfer of shares agreement. A stock purchase agreement is a common way for one company to acquire another company. This Standard Document is based on New York law, assumes a single corporate buyer and a single corporate seller, and assumes that the signing and closing of the transaction are simultaneous. Upon execution of the purchase agreement, Lincoln Park made an initial purchase of $2 million of common stock at $0.57 per share. The promissory note shall bear interest at the rate of _____ % per annum, and shall be payable as follows (choose one): monthly installments of interest A stock purchase agreement is between a buyer seeking to buy shares of a company for a set price from a seller. RECITALS. Stock Purchase Agreement Template - Buraq Printables Purchase and Sale Section 2.2. Pursuant to the Purchase Agreement, the Company has the right to sell to B. Riley Principal Capital, up to the lesser of (i) $50,000,000 of newly issued shares (the "Shares") of the Company's Class A common stock, par value $0.001 per share (the "Common Stock"), and (ii) the Exchange Cap (as defined below) (subject to certain conditions and . Shares (or stock) are units of ownership in a company that are divided among shareholders (also called stockholders). Such an agreement specifies the consideration and the required number . Short Form Stock Purchase Agreement Definition | Law Insider WHEREAS, the Stockholder is the holder of (post-split) shares of the Company's common stock (the "Common Stock"), which the . Another title for this important legal . 2 Typically, founders purchase stock for a nominal amount of cash. PDF Shareholders Agreements for Closely-held Corporations ... hereby agrees to pay the aggregate purchase price of $_____, or $_____ per share, for the Shares at the Closing (as defined below). Purchase and Sale of Shares . Stock Cross Purchase Agreement | Lawmart.com Stock purchase agreements merely sell shares of the company to raise money or transfer ownership of shares. Shares (or stock) are units of ownership in a company that are divided among shareholders (also called stockholders). Inc. and Verizon Communications Inc. (Jul 23, 2016) Securities Purchase Agreement - KaloBios Pharmaceuticals Inc., Black Horse Capital LP, Black Horse Capital Master Fund Ltd., Cheval Holdings Ltd., and Nomis Bay Ltd. (Apr 1, 2016) The stock owner can be the corporation itself, or one of the corporation's shareholders. A short-form stock purchase agreement for the purchase and sale of all of the outstanding capital stock of a private US corporation, drafted in favor of the seller. All these documents and clauses are searchable and accessed through a highly intuitive . A stock purchase agreement is meant to protect you, whether you're the purchaser or the seller. Payment of the Purchase Price shall be made as follows: Buyer shall pay the sum of $_______ in cash to Seller at Closing. THIS STOCK PURCHASE AGREEMENT ("Agreement") is made as of August 24, 2011, between Name ("Seller") and RAAM Global Energy Company ("Buyer"). Along-with signing this agreement, the seller would also need to . Inc. and Verizon Communications Inc. (Feb 20, 2017) Stock Purchase Agreement - Yahoo! Form COOP-PA) n Other _____ B. n Tenancy in Common Purchase Addendum (C.A.R. This agreement protects both the company and the buyers. Therefore, the parties agree as follows: 1. A stock purchase agreement is an agreement wherein the owner of shares of stock (the Seller) agrees to sell the stock to a buyer (the Purchaser). The Seller has agreed to sell and the Buyer has agreed to purchase the Purchased Assets (as defined below). It helps parties understand they are on the same page concerning the acquisition of the seller's business. Short form share purchase agreement. The agreement details the number (#) of shares, price ($) per share, and date of the sale. Stock Purchase Agreement [Amendment] - Yahoo! In short, this agreement takes place where the seller wants to sell the shares and the buyer wants to buy them at a mutually agreed specific price. Form COOP-PA) n Other _____ B. security interests, liens, encumbrances, equities and other charges. A Stock Purchase Agreement explains the terms of a stock purchase between the owner of corporate stock and another party. The main aim of the document is to prove that it's terms and conditions of the agreement are mutually agreed. This Standard Document assumes, among other things, a single corporate buyer and a single corporate seller. Closing. Ensure that the proper approvals have been obtained. SOS : SECURITIES PURCHASE AGREEMENT - Form 6-K. SECURITIES PURCHASE AGREEMENT. Preview. However, if the founder's shares will be subject to vesting, use the form of Restricted Stock Purchase Agreement (Document No. Form 1040, as amended from time to time (or a successor form). A fixed sum of $__________ will be payable on closing of this Agreement. The agreement details the terms of the sale, the removal of any assets by the seller before the sale, and whether or not the agreement is related to real estate. The short forms will contain the critical elements of well-drafted purchase agreements typically used in traditional lower middle-market transactions, but with a starting length of about 15 pages. The sample term sheet can be adapted for situations involving a stock purchase, asset purchase or purchase of a segment, business line or subsidiary of a larger business. Payment Section 2.3. Stock Purchase Agreement [Amendment] - Yahoo! 2. This sample term sheet sets out illustrative terms for an acquisition of a business. rights to subscribe of any character relating to the stock, nor are there This Stock Option Agreement (Shareholder to Optionee - Short Form) is between a shareholder (also known as the optionor) and an individual or company who desires to purchase certain shares of corporate stock from the optionor. Also, the document includes information regarding the company's . Disclaimer: The Sample Form is intended as a resource for attorneys, but is not a substitute for the attorney's judgment and application of the releva nt law to a client's circumstances. A closing checklist to be used in a private merger, stock or asset purchase transaction. SKU: BUS-ST08 Categories: Business Entities, Stock and Shareholder The stock purchase agreement is also considered as the purchase agreement. The closing of the purchase and sale of the Shares under this Agreement shall occur simultaneously with the execution of this Agreement by the Parties. AEye, Inc. (NASDAQ:LIDR), a global leader in adaptive, high-performance LiDAR solutions, today announced that it has entered into a common stock purchase agreement (the "Purchase Agreement") with . 37 Simple Purchase Agreement Templates [Real Estate, Business] A real estate purchase agreement template is a convenient resource for use when making the legal purchase of a property. The acquisition of a company via stock purchase allows buyers the opportunity to purchase less than all of the seller's available shares and essentially force a sale through a statutory short-term merger. Introduction to the Short M&A Transaction Documents' Task Force's Working Drafts of a Stock Purchase Agreement - downsizing and streamlining customary provisions for smaller deals and negotiating smaller transactions in the $500,000 to $10 million purchase price range. Inc. and Verizon Communications Inc. (Jul 23, 2016) Securities Purchase Agreement - KaloBios Pharmaceuticals Inc., Black Horse Capital LP, Black Horse Capital Master Fund Ltd., Cheval Holdings Ltd., and Nomis Bay Ltd. (Apr 1, 2016) Rights of First Refusal: Long Form. Subject to the terms and conditions of this Stock Purchase Agreement, the Seller agrees to sell to the Purchaser, and the Purchaser agrees to purchase from the Seller, [Number.Type] shares of the Company stock (the "Shares"). 1.2. Exhibit 10.16 . Purchaser agrees to purchase from Sellers, and Sellers, jointly and severally, agree to sell to Purchaser, all the Shares of Company for the Share Purchase Price set forth in Section€2.1 below. A shareholder agreement which is also known as a shareholder loan agreement or a shareholder's agreement form is a contract made between the shareholders of a company. The agreement itself lays out the sale of shares in a company and what is being obtained. 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