Rhode Island Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding issued and outstanding shares of common stock. This Sample Stock Purchase Agreement (the "Agreement") is entered into by and between Reassure America Life Insurance Co. ("Seller") and Penn corp Financial Group, Inc. ("Buyer") on [Date]. 1. Introduction: This Agreement outlines the terms and conditions for the purchase and sale of issued and outstanding shares of common stock of Reassure America Life Insurance Co. by Penn corp Financial Group, Inc., as agreed upon by both parties. 2. Definitions: — Issued and Outstanding Shares: The total number of common stock shares currently in circulation and held by shareholders of Reassure America Life Insurance Co. — Seller: Reassure America Life Insurance Co., a reputable life insurance company incorporated under the laws of Rhode Island. Buyer Pennnn corprp Financial Group, Inc., a financial services company incorporated under the laws of Rhode Island. — Common Stock: The class of stock representing ownership in Reassure America Life Insurance Co., carrying voting rights and entitlement to dividends. 3. Purchase and Sale: — Seller hereby agrees to sell [Specify Number] issued and outstanding shares of common stock to the Buyer. — Buyer hereby agrees to purchase the aforementioned shares of common stock from the Seller. — The purchase price per share shall be mutually agreed upon by the Seller and Buyer and stated in Exhibit A attached hereto. 4. Representations and Warranties: — Seller represents and warrants that it is the lawful owner of the shares of common stock being sold, and there are no liens, encumbrances, or restrictions on the transferability of these shares. — Seller further represents and warrants that it has the authority and power to enter into this Agreement and complete the transaction. 5. Closing and Delivery: — The closing of this Agreement shall occur on [Date]. — At the closing, Seller shall deliver to Buyer the stock certificates representing the shares of common stock being sold, free and clear of any liens or encumbrances. — Buyer shall deliver the purchase price to Seller through a mutually agreed-upon method such as wire transfer or certified check. Additional Rhode Island Sample Stock Purchase Agreement Types: 1. Rhode Island Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding preferred shares of common stock. 2. Rhode Island Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding treasury shares of common stock. 3. Rhode Island Sample Stock Purchase Agreement between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. regarding authorized, but unis sued shares of common stock. Please note that the above examples are hypothetical variations of the stock purchase agreement and may not reflect actual agreements between Reassure America Life Insurance Co. and Penn corp Financial Group, Inc. It is important to consult with legal professionals to obtain accurate and up-to-date documents for any specific transaction.