0% found this document useful (0 votes)
10 views3 pages

Stock Shares Purchase Agreement

This Stock Purchase Agreement outlines the terms between a Buyer and Seller for the purchase of shares in a specified business entity, including details on the purchase price, closing date, and payment methods. It includes sections on due diligence, authority of both parties, governing law, and the entire agreement clause. The document requires signatures from both parties to validate the agreement.

Uploaded by

eddymusic790
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
10 views3 pages

Stock Shares Purchase Agreement

This Stock Purchase Agreement outlines the terms between a Buyer and Seller for the purchase of shares in a specified business entity, including details on the purchase price, closing date, and payment methods. It includes sections on due diligence, authority of both parties, governing law, and the entire agreement clause. The document requires signatures from both parties to validate the agreement.

Uploaded by

eddymusic790
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

STOCK (SHARES) PURCHASE AGREEMENT

I. THE PARTIES. This Stock (Shares) Purchase Agreement (“Agreement”) is dated as


of _______________________, 20____, and is made and entered into by and between:

Buyer: _______________________, with a mailing address of


_______________________, City of _______________________, State of
_______________________, (“Buyer”), and

Seller: _______________________, with a mailing address of


_______________________, City of _______________________, State of
_______________________, (“Seller”).

Buyer and Seller shall be collectively known as the “Parties” and agree to the following:

II. DESCRIPTION OF SHARES. The shares to be exchanged are described as:

Entity Name: _______________________ (“Business Entity”)

Entity Mailing Address: ______________________________________________

State of Incorporation/Organization: _______________________

Price ($) per Share: $____ / share

Number of Shares: ____

Class/Series: ____

The Seller agrees to sell the above-described shares of stock (“Shares of Stock”).

III. PURCHASE PRICE. The purchase price for the Shares of Stock shall be
_______________________ Dollars ($_______________________). The Purchase
Price shall be paid to the Seller on the Closing Date.

IV. CLOSING DATE. The closing shall occur on or before _______________________,


20____ (“Closing Date”) at a time and location agreeable by the Parties. On the Closing
Date, the Buyer shall deliver the full amount of the Purchase Price in any of the
following methods: (check all that apply)

- Bank Wire
- Cash
- Check
- PayPal
- Other: _____________________________________________________________
V. DEPOSIT. As part of this Agreement, the Seller: (check one)

- Requires a deposit in the amount of $_______________________


(“Deposit”). The Deposit must be paid within ____ Calendar Days from the
Effective Date of this Agreement.

- Does not require a deposit. The Buyer's consideration shall be their full-faith
commitment to purchase the Shares of Stock under the terms of this Agreement.

VI. DUE DILIGENCE PERIOD. The Buyer: (check one)

- Requires a due diligence period to inspect the finances and agreements of


the Business Entity. The decision as to whether the Shares of Stock is suitable
for its intended purposes shall be the sole decision of Buyer, determined in the
absolute discretion of Buyer, with Buyer’s decision being final and binding upon
the Parties. Buyer shall have until ____________________, 20___, at ____:____
AM PM to notify Seller of its termination of this Agreement ("Inspection
Period"). If the Buyer decides to terminate this Agreement during the Inspection
Period, any Deposit made shall be returned to the Buyer.

- Does not require a due diligence period to review the finances and
agreements of the Business Entity.

VII. DELIVERY. The delivery of the Shares of Stock, along with any stock certificates,
shall be transferred to the Buyer at Closing Date upon the funds being received by the
Seller in an approved method.

VIII. AUTHORITY OF SELLER. To induce the Buyer to enter into and perform its
obligations under this Agreement, the Seller hereby represents and warrants to Buyer,
and covenants with Buyer, as follows:
a.) Capacity. The Seller has all requisite power, authority, and capacity to enter
into this Agreement. The execution, delivery, and performance of this Agreement
by the Seller does not, and the consummation of the transaction contemplated
hereby will not result in a breach of or default under any agreement to which the
Seller is a party by which the Seller is bound.
b.) Binding Agreement. This Agreement has been duly and validly executed
and delivered by the Seller and constitutes the Seller’s valid and binding
agreement, enforceable against the Seller in accordance with and subject to its
terms.
c.) Title to Shares of Stock. The Seller is the lawful, record and beneficial owner
of all the Shares of Stock, free and clear of any liens, claims, agreements,
charges, security interests and encumbrances whatsoever. The sale,
conveyance, assignment, and transfer of the Shares of Stock in accordance with
the terms of this Agreement transfers to the Buyer legal and valid title to the
Shares, free and clear of all liens, security interests, hypothecations or pledges.
IX. AUTHORITY OF BUYER. To induce the Seller to enter into and perform their
obligations under this Agreement, the Buyer represents and warrants to the Seller as
follows:
a.) Capacity. The Buyer has all requisite power, authority, and capacity to enter
into this Agreement. The execution, delivery, and performance of this Agreement
by the Buyer does not, and the consummation of the transaction contemplated
hereby will not result in a breach of or a default under any agreement to which
the Buyer is a party or by which Buyer is bound.
b.) Disclosure. The Buyer is aware of the risks involved in purchasing the
Shares of Stock and accepts that its value can change rapidly and unpredictably.

X. DATE AND TIME. Time is of the essence.


a.) Calendar Days. Calendar days shall represent all days of the year except
Saturdays, Sundays, and Federal Holidays (“Calendar Days”).
b.) Effective Date. The effective date of this Agreement shall be the day the
Parties authorize this Agreement and acceptance has been given.

XI. GOVERNING LAW. This Agreement shall be construed, interpreted and enforced in
accordance with, and shall be governed by, the laws in the State of
_______________________ without reference to, and regardless of, any applicable
choice or conflicts of laws principals.

XII. COUNTERPARTS. This Agreement may be executed in any number of


counterparts and by the several parties hereto in separate counterparts, each of which
shall be deemed to be an original, and all of which together shall constitute one and the
same Agreement.

XIII. ADDITIONAL TERMS & CONDITIONS. _________________________________


______________________________________________________________________
______________________________________________________________________

XIV. ENTIRE AGREEMENT. This Agreement constitutes the entire understanding and
agreement of the Parties relating to the subject matter hereof and supersedes any and
all prior understandings, agreements, negotiations and discussions, both written and
oral, between the Parties hereto with respect to the subject matter hereof.

Buyer’s Signature: _____________________________ Date: _________________

Print Name: _____________________________

Seller’s Signature: _____________________________ Date: _________________

Print Name: _____________________________

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy