North Carolina Sample Redemption Agreement — Executive Stock Purchase Agreement of Pic N Save Corp. is a legally binding document that outlines the terms and conditions for the redemption of executive stock in the company. This agreement is specific to Pic N Save Corp., a corporation registered in the state of North Carolina. The purpose of this agreement is to establish a clear process for the redemption of executive stock in Pic N Save Corp. It addresses various aspects such as the redemption price, payment terms, and restrictions on the redemption, among others. There might be different types of North Carolina Sample Redemption Agreement — Executive Stock Purchase Agreement of Pic N Save Corp. depending on the specific circumstances and provisions included. Some variations might include: 1. Standard Redemption Agreement: This is the most common type of redemption agreement that outlines the general terms and conditions for the redemption of executive stock. 2. Accelerated Redemption Agreement: This type of agreement focuses on providing an expedited process for the redemption of executive stock, usually triggered by specific events such as the sale of the company or the executive's retirement. 3. Restrictive Redemption Agreement: This agreement sets certain limitations or restrictions on the redemption of executive stock, such as holding periods, minimum performance metrics, or vesting schedules. 4. Partial Redemption Agreement: In some cases, executives may want to redeem only a portion of their stock holdings. This agreement outlines the terms and conditions for partial redemption, including the percentage or number of shares to be redeemed. It is important to note that the specific terms and conditions of each agreement may vary, depending on the negotiations between Pic N Save Corp. and the executives involved. These agreements are typically drafted by legal professionals and should be reviewed carefully by both parties before finalizing.