Indiana Sample Restricted Stock Purchase Agreement is a legally binding document that outlines the terms and conditions of purchasing restricted stock between Intermark, Inc. and the purchasers. This agreement ensures a clear understanding between both parties involved and protects their respective rights. The Indiana Sample Restricted Stock Purchase Agreement contains various sections that cover important aspects of the transaction. These sections include: 1. Parties: Specifies the names and addresses of Intermark, Inc. (the "Company") and the purchasers (also known as the "Buyers"). 2. Stock Purchase: States the number of shares of restricted stock being purchased by each purchaser and the total purchase price. 3. Restricted Stock: Describes the nature of the restricted stock, including any restrictions or limitations on transferability and the conditions that need to be fulfilled before the restrictions are lifted. 4. Purchase Price: Details the agreed-upon purchase price per share, the total purchase price, and the payment method (whether it is cash, check, or any other form of payment). 5. Representations and Warranties: Outlines the representations and warranties made by both parties regarding the accuracy of the information provided and their authority to enter into the agreement. 6. Termination and Remedies: Sets forth the conditions under which the agreement can be terminated and the remedies available to the parties in case of a breach. 7. Governing Law: Specifies that the agreement is governed by the laws of the state of Indiana. 8. Confidentiality: Addresses the confidentiality obligations of both parties, ensuring that any confidential information shared during the course of the transaction remains protected. 9. Entire Agreement: States that the agreement constitutes the entire understanding between the parties and supersedes any prior agreements or discussions. 10. Severability: Ensures that if any provision of the agreement is found to be invalid or unenforceable, the remaining provisions will still be valid and enforceable. Different types of Indiana Sample Restricted Stock Purchase Agreements can include variations based on factors such as the specific conditions and restrictions on the stock, vesting schedules, transferability limitations, and shareholder rights. It is important to carefully review each agreement to ensure they align with the unique requirements and circumstances of Intermark, Inc. and the purchasers.