Oklahoma Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors

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Multi-State
Control #:
US-EG-9208
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Word; 
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Common Shares Purchase Agreement of Visible Genetics, Inc. regarding the sale and purchase of common shares dated December 14, 1999. 26 pages.
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  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors
  • Preview Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors

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FAQ

What Are the Components of a Share Purchase Agreement 1.Name of the company. Par value of shares. 3.Name of purchaser. Warranties and representations made by seller and purchaser. Employee benefits and bonuses. Number of shares being sold. Details of the transaction. Indemnification agreement for unforeseen costs.

Stock purchase agreements (SPAs) are legally binding contracts between shareholders and companies. Also known as share purchase agreements, these contracts establish all of the terms and conditions related to the sale of a company's stocks.

In the economic sense, the transfer may take place on the closing date, but may also be before the closing date. In practice, we often see a buyer purchasing a company with retroactive effect. The retroactive date is the effective (economic) transfer date.

A purchase and sale agreement, also called a sales and purchase agreement or a purchase and sales contract, is a legally binding document that parties in a transaction use to stipulate the terms and conditions that will guide the sale and transfer of goods or property.

Upon Closing, on the Closing Date, Seller hereby agrees to sell the Stock, free and clear of any and all liens, charges, pledges, claims, security interests, rights of others, and other encumbrances, and Buyer agrees to purchase the Stock and to pay the Purchase Price to Seller.

A share purchase agreement is a legal contract between two parties: a seller and a buyer. They may be referred to as the vendor and purchaser in the contract. The contract is proof that the sale and the terms of it were mutually agreed upon.

The closing date refers to the date when a company purchase and sale transaction is signed off and completed. This date may be different than the effective date, which is the date when the transaction is deemed to have occurred. Most of the time, the closing and effective date of a transaction is the same day.

If you are planning to buy or sell shares, a correctly drafted share purchase agreement (SPA) is essential. An SPA is a legal document and it must therefore comply with legislation by providing either party in the transaction with accurate information.

Key Takeaways. A shareholders' agreement is an arrangement among a company's shareholders that describes how the company should be operated and outlines shareholders' rights and obligations. The shareholders' agreement is intended to make sure that shareholders are treated fairly and that their rights are protected.

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Oklahoma Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors