Title: New Jersey Sample Stock Purchase Agreement: Reassure America Life Insurance Co. & Penn corp Financial Group, Inc. Keywords: New Jersey, Sample Stock Purchase Agreement, Reassure America Life Insurance Co., Penn corp Financial Group, issued and outstanding shares, common stock Introduction: This article outlines a detailed description of a New Jersey Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc., specifically highlighting the common stock issued and outstanding shares. 1. Agreement Overview: The New Jersey Sample Stock Purchase Agreement is a legally binding contract between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. It establishes the terms and conditions under which Reassure America acquires the issued and outstanding shares of common stock held by Penn corp Financial Group. 2. Parties Involved: The primary parties to the agreement are Reassure America Life Insurance Co., an established insurance company based in New Jersey, specializing in life insurance policies, and Penn corp Financial Group, Inc., a reputable financial services firm also located in New Jersey. 3. Purpose of the Agreement: This agreement specifically addresses the purchase of issued and outstanding shares of common stock owned by Penn corp Financial Group by Reassure America Life Insurance Co. It sets forth the terms, conditions, and considerations for the transaction. 4. Terms and Conditions: The agreement covers various important aspects, including: a. Purchase Price: The agreed-upon price per share for the common stock being acquired. b. Number of Shares: The specific number of issued and outstanding common stock shares that Reassure America will purchase. c. Payment Terms: The agreed-upon payment schedule and method for completing the transaction. d. Representations and Warranties: Both parties make certain warranties and representations about their legal authority, financial standing, and the accuracy of provided information. e. Closing Conditions: The conditions that must be met before the transaction can be finalized, including regulatory approvals and due diligence requirements. f. Confidentiality: The obligation to keep all non-public information regarding the transaction and related matters confidential. g. Governing Law: The agreement is subject to and governed by the laws of the state of New Jersey. 5. Types of New Jersey Sample Stock Purchase Agreements: While this article focuses on the specific Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc., it is essential to note that different Stock Purchase Agreements may exist based on various factors, such as the type of stock being acquired (preferred, common, etc.), the scope of the transaction, and specific terms negotiated by the parties involved. Conclusion: The New Jersey Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares of common stock establishes the framework and legal obligations for the transaction. It ensures a smooth and informed process for both parties involved, highlighting the importance of compliance with New Jersey's laws and regulations governing stock purchases.