What Is The Stock Purchase Agreement

4.3. Capital structure. The company`s authorized share capital consists exclusively of shares – common shares of the company whose shares are issued and pending. All outstanding shares of the velvet company are the property of the seller and are effectively issued, fully paid and not valuable. There is no authorized or pending option, subscription, guarantee, right to purchase (preventive or otherwise), commitment or other agreement that requires the company to transfer shares of the company samtonuroder that are converted into shares of the company or totalized against shares of the company. If you and two z.B. business partners all have the same shares in a company and a partner wants to resign, a share purchase agreement can be used to buy the shares of the stripper partner. Since stock purchase contracts are used to protect all parties involved, there are very few cases where you should consider not using them: remember that it is always safer to enter into a share purchase agreement. These are only possible reasons for not reaching an agreement. This does not mean that the use of a share purchase agreement is the best decision. a) list of plans.

The seller provided the buyer with correct and complete copies of (i) plan documents and summary plan descriptions for each personnel performance plan, (ii) of the latest notice letter received from the IRS for each personnel performance plan, which must be considered in accordance with Section 401 (a) of the code; (iii) the most recent Form 5500 and (iv) all associated loyalty contracts. , insurance contracts and other financing agreements that implement any business performance plan established, maintained or provided by the company in previous years. 2.2. Purchase price. The aggregate purchase price payable to the seller in exchange for the sale of the shares (the „purchase price“) is equal to $1 per share. 4.10. [Crances; Supplies and supplies. The Company`s claims are valid and genuine, are the result exclusively of good faith sales and deliveries of goods, provision of services or other formal transactions and are not subject to valid defence, compensation or counter-claim. Recovery losses related to such receivables, which are contained in the company`s accounts, have been determined in accordance with GAAP and are consistent with current practice. Inventories in the entity`s latest balance sheet as of the date of this balance sheet do not include items that are not valuable or for sale in the ordinary management of the business, or that are out of date or settled items.