Sample stock redemption agreement

Sample stock redemption agreement

Posted: Jager Date: 16.06.2017

Noble International holds 15, shares of Series A Stock. Noble International holds 6, shares of Series B Stock.

In consideration of the above Introductory Statements and the promises and provisions set forth in this Agreement, the adequacy and sufficiency of which the parties acknowledge, the parties, intending to be bound, agree as follows: The allocation of the Purchase Price to be paid to Sellers is set forth on the attached Exhibit A.

At Closing, each Seller shall either duly endorse in blank certificate s evidencing the particular Stock being redeemed from such Seller as contemplated herein in a form ready for transfer or duly execute and deliver an assignment separate from certificate for such Stock, and shall execute any documents or assignments necessary to effectuate the transfer and conveyance of said Stock.

Each Seller represents and warrants to the Corporation the following with respect to itself but not with respect to the other Seller: By delivery of a certificate or certificates representing its Stock, along with appropriate transfer and release documentation from Comerica, Seller shall transfer clear and marketable title to such Stock to the Corporation at Closing.

The Corporation represents and warrants to each Seller as follows: Survival of Representations, Warranties and Release.

sample stock redemption agreement

The Redemption transactions contemplated by this Agreement shall close at Conditions to Close; Deliveries at Closing; Post-Closing Covenant. Any notice given or required to be given under this Agreement shall be proper if in writing and mailed by registered or certified mail, return receipt requested.

Redemption Agreement

Notices shall be sent to the last known address of the intended recipient samsung stock traded which the saxo trader forex is reasonably aware or of which the sender should be aware.

This Agreement may be executed in any number of counterparts, each of which shall be taken to be an original. This Agreement, including any other writing or communication delivered pursuant to this Agreement, constitutes the entire agreement and understanding between the parties and supersedes any prior agreement or understanding relating to the subject matter of this Agreement.

Tax II -- Stock Redemptions, BuyBacks

Wherever in this Agreement words, including pronouns, are used in the masculine, they shall be read and construed in the feminine or neuter wherever applicable, and wherever in how much money does the average pro lacrosse player make Agreement words, including pronouns, are used in the singular or plural they shall be read and construed in sample stock redemption agreement plural or singular respectively, wherever applicable.

No modification of this Agreement shall be binding unless in writing and signed by all of the parties to this Agreement.

This Agreement is entered into under, and shall be governed by and construed in accordance with, the laws of the State of Michigan in the same manner applicable to contracts made and to be performed entirely within such state and without giving effect to choice of law principles of such state.

Form of Common Stock Repurchase Agreement

Except with respect to enforcement of this Agreement as otherwise provided for above, each party to this Agreement shall bear all expenses and costs incurred by such party in connection with the transactions contemplated in this Agreement.

No waiver of any provision of this Agreement shall be valid unless in writing and signed by the person or party against whom charged.

This Agreement is the result of a full and complete negotiation at arms length by all parties.

Stock Redemption Agreement (Standard) | dicajytuh.web.fc2.com

Accordingly, no prior draft of this Agreement or its exhibits or schedules prepared by any party, shall be used to construe or interpret any provisions of the Agreement or exhibits or schedules. The parties to this Agreement expressly acknowledge that this Agreement was jointly drawn with an opportunity to participate by all of the parties and no inference shall therefore be drawn against any party based upon the identity of the preparer of this Agreement.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date and year first above written. Comerica Bank Term Note: Sumitomo Corporation - Accounts Receivable.

sample stock redemption agreement
inserted by FC2 system