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Stock purchase agreements (SPAs) are legally binding contracts between shareholders and companies. Also known as share purchase agreements, these contracts establish all of the terms and conditions related to the sale of a company's stocks.
Stock Exchange Agreement means an agreement in the form attached as Exhibit G hereto between Parent and the Parent Founder, pursuant to which the Parent Founder will exchange 1,100,000 shares of Parent Common Stock for (i) warrants to purchase 1,000,000 shares of Parent Common Stock, (ii) 60,000 newly issued shares of
A stock purchase agreement is a contract to transfer ownership of stocks from the seller to the purchaser. The key provisions of a stock purchase agreement have to do with the transaction itself, such as the date of the transaction, the number of stock certificates, and the price per share.
A Share Exchange is a type of share transaction where the shares of one class are exchanged for shares of another class. Unlike a share conversion, shares are not simply converted from one class to another directly.
If an individual is purchasing or selling shares in the company or industry with another business or person, they should use a share purchase agreement. For instance, if there are two partners for a business, they have equal rights and shares.