19-221 19-221 . . . Restricted Stock Purchase Agreement under which (a) officers were given right to purchase shares of common stock at market price of shares on date of Agreements, (b) purchase price of shares is to be paid by four full-recourse promissory notes bearing interest at 9% with up to 1/2 of annual interest deferred until specified date, (c) 25% of shares vest cumulatively on 1st, 2nd, 3rd and 4th anniversaries of date of grant (or earlier in event of change in control) and (d) if purchaser ceases to be an employee, corporation has right to repurchase unvested portion of purchaser's shares at original purchase price plus interest paid on notes covering such shares
Nebraska Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers
Category:
State:
Multi-State
Control #:
US-CC-19-221
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Sample Restricted Stock Purchase Agreement Between Intermark, Inc. And Purchasers?
Are you presently inside a position where you need to have paperwork for both enterprise or individual reasons virtually every day? There are plenty of authorized record layouts accessible on the Internet, but locating ones you can trust isn`t simple. US Legal Forms provides a large number of develop layouts, like the Nebraska Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers, that are written to meet federal and state demands.
In case you are currently knowledgeable about US Legal Forms site and get an account, merely log in. Next, you are able to obtain the Nebraska Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers format.
Unless you come with an account and want to begin to use US Legal Forms, follow these steps:
- Find the develop you want and ensure it is to the proper town/area.
- Utilize the Preview switch to examine the shape.
- Browse the explanation to ensure that you have selected the appropriate develop.
- In the event the develop isn`t what you are searching for, use the Look for area to get the develop that meets your requirements and demands.
- Once you get the proper develop, just click Buy now.
- Select the pricing plan you want, fill in the desired details to make your account, and purchase the order with your PayPal or charge card.
- Decide on a handy file formatting and obtain your copy.
Get each of the record layouts you might have purchased in the My Forms food list. You can get a further copy of Nebraska Sample Restricted Stock Purchase Agreement between Intermark, Inc. and Purchasers at any time, if possible. Just go through the essential develop to obtain or print out the record format.
Use US Legal Forms, probably the most extensive collection of authorized kinds, in order to save time and steer clear of faults. The services provides professionally manufactured authorized record layouts that you can use for a selection of reasons. Generate an account on US Legal Forms and initiate creating your way of life a little easier.
Form popularity
FAQ
When reviewing a Share Purchase Agreement (SPA), some of the key clauses to examine include: The parties to the transaction. The number and type of shares being sold. The purchase price and any adjustments. Representations and warranties of both parties. Indemnities and liabilities. Restrictions post completion.
Understanding Stock Purchase Agreements The basic terms of the deal are the seller's and buyer's legal names, the number of stocks being purchased and at what price, and the closing date.
Unlike restricted stock, an owner of a stock option does not have an actual ownership interest in the company at the time of issuance. A stock option is an agreement between the company and the employee that grants them the option to purchase company stock for an agreed-upon price.
Here are 11 things to include in a stock purchase agreement. Buyer and Seller Information. The stock purchase agreement opens with an introduction of the buyer and seller. ... Transaction Date and Time. ... Value of Shares. ... Number of Shares Being Sold. ... Representations and Warranties. ... Payment Terms. ... Due Diligence. ... Indemnification.
A: The most common provisions included in restricted stock purchase agreements are restrictions on when and how stock can be sold or transferred; non-compete agreements; rights of first refusal; and termination clauses which allow either party to terminate the agreement under specified conditions.
A Restricted Stock Purchase Agreement (RSPA) is an agreement issuing restricted stock. RSPAs are typically granted to founders to prevent the founder from leaving the company prematurely and taking a lot of the ownership with her. The RSPA establishes when the shares will fully vest and belong to the founder.
A stock purchase agreement typically includes the following information: Your business name. The name and mailing address of the entity buying shares in your company's stocks. The par value (essentially the sale price) of the stocks being sold. The number of stocks the buyer is purchasing.
A restricted stock unit (RSU) is a form of equity compensation that companies issue to employees. An RSU is a promise from your employer to give you shares of the company's stock (or the cash equivalent) on a future date?as soon as you meet certain conditions.