Kentucky Sample Stock Purchase Agreement between Earthling Network, Inc. and Apple Computer, Inc. Limited — Detailed Description Introduction: This Kentucky Sample Stock Purchase Agreement outlines the terms and conditions governing the purchase of Apple Computer, Inc. Limited's stock by Earthling Network, Inc. This agreement solidifies the legal obligations, pricing, and transfer of ownership between both parties involved in the transaction. Key Terms and Conditions: 1. Purchase Price: The agreement specifies the purchase price of Apple Computer, Inc. Limited's stock as agreed upon by both Earthling Network, Inc. and Apple Computer, Inc. Limited. It will include the currency, payment method, and any contingencies attached to the payment. 2. Quantity of Shares: This clause determines the exact number of shares being acquired by Earthling Network, Inc. This includes both outstanding and preferred shares, if applicable. 3. Representations and Warranties: Both parties will provide representations and warranties regarding the validity of the stock being sold, ensuring their lawful ownership and absence of any liens, claims, or encumbrances on the stock. 4. Closing Date: The agreement defines the closing date, which refers to the date upon which the stock purchase is completed, and the ownership transfer occurs. Parties involved may agree to extend this date if necessary. 5. Conditions Precedent: This section outlines any specific conditions that Earthling Network, Inc. and Apple Computer, Inc. Limited must fulfill before the purchase agreement becomes effective. These conditions could include regulatory approvals, third-party consents, or any other requirements deemed necessary by either party. Different Types of Kentucky Sample Stock Purchase Agreement: 1. Preferred Stock Purchase Agreement: If Apple Computer, Inc. Limited has issued preferred shares, Earthling Network, Inc. may negotiate a separate stock purchase agreement exclusively for those shares. This agreement could contain additional clauses and provisions specific to preferred stock. 2. Restricted Stock Purchase Agreement: In the event that Apple Computer, Inc. Limited has imposed certain restrictions on specific shares, such as lock-up periods or transfer restrictions, Earthling Network, Inc. may enter into a separate restricted stock purchase agreement for those shares. This agreement will outline the terms and conditions surrounding the purchase and subsequent transfer of the restricted shares. Conclusion: The Kentucky Sample Stock Purchase Agreement between Earthling Network, Inc. and Apple Computer, Inc. Limited serves as a legally binding document governing the purchase of Apple Computer, Inc. Limited's stock by Earthling Network, Inc. It outlines key terms, conditions, and obligations, ensuring a smooth and transparent transaction between the involved parties. This agreement can be tailored to different types of stock purchases, such as preferred or restricted stock, based on the specific circumstances of the transaction.