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In a stock deal, the buyer purchases shares directly from the shareholder. Stock acquisitions are the most common form of acquiring a private business. They are mostly used by small corporations selling stock, but not usually when the owner is the sole stockholder, or when the buyer is acquiring 100% of the stock.
You typically see the following in a stock purchase agreement: Your company's name. The name and mailing address of the entity buying shares in your company's stocks. The par value (essentially the sale price) of the stocks being sold. The number of stocks the buyer is purchasing. The transaction's date, time and location.
A Restricted Stock Purchase Agreement (RSPA) is an agreement issuing restricted stock. RSPAs are typically granted to founders to prevent the founder from leaving the company prematurely and taking a lot of the ownership with her. The RSPA establishes when the shares will fully vest and belong to the founder.
The key provisions detail the terms of the transaction: the number and type of stock sold (i.e. common, preferred) the purchase price.
Amendment. The procedure for amending a shareholders agreement that covers ownership and stock transfer issues can be detailed in the document itself or the bylaws. In either case, the subject must be proposed at a meeting of the board of directors.