Land Rental
Land Rental
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I N R E A L E S TAT E W T R U S T
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COMPANY
STOCK HOLDER AGREEMENT
This Shareholder Agreement (the "Agreement") is entered into on this ___ day of ___,
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20_, between Mr. A (the "Buyer") and Mr. B (the "Seller") concerning their ownership
interests in Mark Zublanerg Real Estate (the "Company").
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1. The Buyer and the Seller hereby enter into a contractual agreement where the Buyer
agrees to purchase a specific number of shares in the Company from the Seller, while
the Seller concurrently agrees to sell a designated portion of their shares to the Buyer.
This agreement outlines the terms and conditions under which the transfer of
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ownership of these shares will take place, including the price per share, the total
number of shares being exchanged, any relevant timelines, and any other associated
rights and responsibilities that both parties must adhere to throughout the transaction
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process.
2. Both parties involved in this agreement mutually recognize and affirm that the
Company, currently immersed in various real estate activities, requires a formal
representation of their respective rights and responsibilities as shareholders within the
organization. This acknowledgment serves as the foundation for delineating the
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framework within which their roles and expectations shall be defined and adhered to in
order to ensure mutual understanding, cooperation, and the efficient operation of the
Company in the dynamic real estate industry.
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AGREEMENT
ARTICLE I
PURCHASE AND SALES OF SHARES:
A. The Seller, a duly authorized party, hereby agrees to sell a specified number of
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shares of the Company to the Buyer at an agreed-upon price per share, which is clearly
set at $_. In consideration of this agreement, the Buyer acknowledges and accepts the
terms outlined herein and hereby agrees to purchase the aforementioned shares in the
Company from the Seller on the terms and conditions set forth herein.
The Buyer further undertakes to fulfill the necessary financial obligations associated
with the purchase of the shares within the stipulated timeframe established in this
Agreement. It is understood and agreed that the transfer of shares from the Seller to
the Buyer shall be consummated immediately upon the execution of this Agreement
with all necessary documentation and legal formalities duly completed to effect the
transfer of ownership.
The Seller affirms that they possess full legal title, authority, and rights to facilitate the
sale and transfer of the shares to the Buyer without any encumbrances, claims, or
restrictions that could impede the transfer process. The Buyer, in turn, represents that
they have the financial capacity and means to complete the purchase as agreed and to
fulfill all obligations arising from this transaction.
This Agreement shall be binding upon the parties hereto, their successors,
B. The Buyer further undertakes to fulfill the necessary financial obligations associated and assigns
and shall be governed by and construed in accordance with the laws
with the purchase of the shares within the stipulated timeframe established in this of the jurisdiction
in which the Company is registered. The parties agree that any disputes arising from or
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Agreement. It is understood and agreed that the transfer of shares from the Seller to
in connection with this Agreement shall be resolved through arbitration
the Buyer shall be consummated immediately upon the execution of this Agreement in accordance
with the rules and procedures of a mutually agreed-upon arbitral institution.
with all necessary documentation and legal formalities duly completed to effect the
transfer of ownership.
Both parties acknowledge that this Agreement contains the entire understanding
between them concerning the subject matter herein and supersedes
C. The Seller affirms that they possess full legal title, authority, and rights to facilitate any prior
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D. This Agreement shall be binding upon the parties hereto, their successors, and
assigns and shall be governed by and construed in accordance with the laws of the
jurisdiction in which the Company is registered. The parties agree that any disputes
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arising from or in connection with this Agreement shall be resolved through arbitration
in accordance with the rules and procedures of a mutually agreed-upon arbitral
institution.
E. Both parties acknowledge that this Agreement contains the entire understanding
between them concerning the subject matter herein and supersedes any prior
agreements, arrangements, or understandings, whether written or oral, relating to the
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B. The Buyer affirms and warrants without reservation that they possess the essential
and available financial resources required for the acquisition of the shares,
demonstrating financial capability and readiness to proceed with the purchase in
accordance with the stipulated terms and conditions of this agreement.
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ARTICLE III
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B. It is mutually agreed by the Buyer and the Seller that they shall abstain from
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participating in any actions or endeavors that may potentially harm the Company or
impede its progress, demonstrating a shared dedication to safeguarding the
Company's welfare and promoting a harmonious working relationship.
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This Agreement shall be governed by and construed in accordance with the laws of the
[Jurisdiction] which provides a legal framework to govern the rights and obligations of
the parties involved. Compliance with the laws of the specified jurisdiction ensures
clarity and uniformity in interpreting the terms of the Agreement, thereby fostering fair
dealings and predictable outcomes in any potential disputes that may arise. Adhering
to the legal principles outlined in the jurisdiction's laws serves as a foundation for
establishing a stable and secure environment for the parties to engage in their
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clarity and uniformity in interpreting the terms of the Agreement, thereby fostering fair
dealings and predictable outcomes in any potential disputes that may arise. Adhering
to the legal principles outlined in the jurisdiction's laws serves as a foundation for
establishing a stable and secure environment for the parties to engage in their
contractual relationships, offering a sense of assurance and stability in their
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interactions.
IN WITNESS WHEREOF, the undersigned parties have executed this Agreement on the
date first above written.
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BUYER
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DATE
SELLER
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