The Montana Share Exchange Agreement is a legally binding contract that outlines the terms and conditions of a merger or acquisition between ZC Acquisition Corp., Refer Corp., and the stockholders of Refer Corp. This agreement facilitates the transfer of shares from the stockholders to ZC Acquisition Corp. and establishes the rights and obligations of all parties involved. This Share Exchange Agreement is a crucial document that governs the exchange of shares in a structured and organized manner. It protects the interests of both ZC Acquisition Corp. and Refer Corp. as well as the stockholders, ensuring a fair and transparent transaction. The agreement is legally enforceable and typically includes various sections covering important aspects such as: 1. Parties Involved: The agreement clearly identifies the parties involved, namely ZC Acquisition Corp., Refer Corp., and the stockholders of Refer Corp. 2. Merger or Acquisition Terms: The Share Exchange Agreement sets out the terms of the merger or acquisition, including the exchange ratio for shares, the valuation of Refer Corp., and any cash consideration involved. 3. Securities Law Compliance: This agreement ensures compliance with relevant securities laws and regulations, protecting both parties and stockholders from potential legal issues. 4. Closing Conditions: The agreement specifies the conditions that must be met before the transaction can be completed. These may include obtaining necessary approvals from regulatory bodies, shareholders' consent, or any other critical prerequisites. 5. Representations and Warranties: Both ZC Acquisition Corp. and Refer Corp. make certain representations and warranties regarding their businesses, financials, and legal compliance. These representations ensure transparency and protect the interests of the stockholders. 6. Covenants and Obligations: The Share Exchange Agreement may contain provisions outlining the post-transaction obligations of both ZC Acquisition Corp. and Refer Corp. These obligations could include maintaining business operations, confidentiality requirements, non-compete clauses, and cooperation during the transition period. 7. Release and Indemnification: The agreement may include provisions allowing for the release of certain claims between the parties involved after the transaction is completed. Additionally, indemnification clauses may outline the responsibility for any losses or damages incurred due to breaches of the agreement. Types of Montana Share Exchange Agreements: 1. Stock-for-Stock Exchange Agreement: This agreement involves the exchange of stock between ZC Acquisition Corp. and Refer Corp., where the consideration for the merger or acquisition consists primarily of stock. 2. Cash and Stock Exchange Agreement: In this type of agreement, the consideration for the transaction includes a combination of cash and stock. ZC Acquisition Corp. may pay a certain amount in cash alongside issuing stock to the stockholders of Refer Corp. 3. Reverse Merger Agreement: This agreement outlines the terms for a reverse merger, where Refer Corp. becomes the acquiring entity, taking control of ZC Acquisition Corp. and resulting in a change of control and management. These various types of Montana Share Exchange Agreements cater to different transaction structures and considerations, allowing for flexibility based on the specific needs and circumstances of the companies involved.