South Dakota Sample Stock Purchase and Sale Agreement is a legally binding document used in corporate matters between Alexander and Alexander Services, Inc. (Seller) and American International Group, Inc. (Buyer). This agreement outlines the terms and conditions associated with the purchase and sale of stocks of Alexander and Alexander Services, Inc. by American International Group, Inc. The South Dakota Sample Stock Purchase and Sale Agreement includes important provisions such as the purchase price, the number of shares being sold, representations and warranties of the Seller, conditions precedent, and post-closing obligations. This agreement ensures that both parties are protected and that the transaction proceeds smoothly. Some key elements of the South Dakota Sample Stock Purchase and Sale Agreement for corporate matters between Alexander and Alexander Services, Inc., and American International Group, Inc. are: 1. Purchase Price: The agreement specifies the total purchase price that American International Group, Inc. will pay to acquire the stocks of Alexander and Alexander Services, Inc. It may also outline any payment terms, including installment payments or provisions for escrow. 2. Number of Shares: The agreement identifies the exact number of stock shares being sold to American International Group, Inc. It ensures transparency and clarity regarding the ownership transfer. 3. Representations and Warranties: Both parties provide various representations and warranties to assure each other of the accuracy and completeness of the information provided. This includes financial statements, legality of ownership, absence of litigation, and compliance with laws and regulations. 4. Conditions Precedent: The agreement lists conditions that need to be fulfilled before the sale can be completed. These may include obtaining necessary approvals, consents, or waivers from regulatory authorities, shareholders, or third parties. 5. Post-Closing Obligations: The agreement may also outline the responsibilities of both parties after the transaction is completed. This may include the provision of documents, access to company information, and cooperation in the event of audits or legal disputes. It is important to note that although there may be different versions or variations of the South Dakota Sample Stock Purchase and Sale Agreement, the specific names or types were not provided in the description. These agreements could include modified clauses or provisions depending on the negotiation between the parties involved, the nature of the transaction, or any unique circumstances.