Minnesota Sample Stock Purchase Agreement between Earthling Network, Inc. and Apple Computer, Inc. Limited This Sample Stock Purchase Agreement outlines the terms and conditions of a stock purchase transaction between Earthling Network, Inc. (the "Seller") and Apple Computer, Inc. Limited (the "Purchaser") in the state of Minnesota. This agreement is designed to provide both parties with a legally binding contract that protects their interests and outlines their rights and obligations regarding the purchased stock. Key Terms and Conditions: 1. Parties Involved: The agreement identifies Earthling Network, Inc. as the Seller, a corporation duly incorporated under the laws of Minnesota, and Apple Computer, Inc. Limited as the Purchaser, a company duly formed under the relevant legal requirements. 2. Stock Purchase: The agreement stipulates the purchase of a specific number of shares of stock, specifying the class and series of shares involved, along with the purchase price for each share. Any restrictions or conditions related to the stock purchase are also outlined. 3. Representations and Warranties: Both parties provide representations and warranties regarding their authority to execute the agreement, the validity of the stock, the absence of any legal disputes or claims against the stock, and the compliance with all relevant laws and regulations. 4. Purchase Price Payment: The agreement sets out the payment terms for the purchase price, including the method and timeline for payment. It may also include provisions for potential adjustments to the purchase price based on certain events or conditions. 5. Closing and Deliverables: The agreement specifies the closing date of the stock purchase transaction and outlines the required documents and deliverables from both parties, including stock certificates, transfer documents, and filings with the appropriate regulatory authorities. 6. Confidentiality and Non-Disclosure: Both parties agree to keep all non-public information confidential and not to disclose it to any third party, except as required by law or with prior written consent. 7. Governing Law and Dispute Resolution: The agreement establishes that it will be governed by the laws of the state of Minnesota. Any dispute arising out of or related to the agreement will be resolved through arbitration or court proceedings in Minnesota. Types of Minnesota Sample Stock Purchase Agreements between Earthling Network, Inc. and Apple Computer, Inc. Limited: 1. Preferred Stock Purchase Agreement: This type of agreement outlines the purchase of preferred shares in Earthling Network, Inc. by Apple Computer, Inc. Limited. It specifies the rights and preferences associated with the preferred stock and any additional terms negotiated between the parties. 2. Common Stock Purchase Agreement: This agreement involves the purchase of common shares of Earthling Network, Inc. by Apple Computer, Inc. Limited. It provides details regarding the rights and obligations of the common stockholders, including voting rights and dividend distributions. 3. Restricted Stock Purchase Agreement: This agreement pertains to the purchase of restricted stock of Earthling Network, Inc. by Apple Computer, Inc. Limited. It typically includes provisions addressing transfer restrictions, vesting periods, and any applicable conditions for the release of restrictions. In summary, the Minnesota Sample Stock Purchase Agreement between Earthling Network, Inc. and Apple Computer, Inc. Limited is a comprehensive and legally binding contract that covers the purchase of stocks, payment terms, confidentiality, and other relevant provisions. Different types of agreements, such as preferred, common, and restricted stock purchase agreements, may exist based on the specifics of the transaction.