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

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Multi-State
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US-EG-9208
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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

A Share Purchase Agreement generally includes information about: The person selling the shares. The person buying the shares. The number of shares being sold and their value. The company the shares are being transferred from. The number of shares being sold and their value.

The Shareholder's Agreement is generally used to resolve disputes between the corporation and the Shareholder. The Share Purchase Agreement, on the other hand, is a document that justifies the exchange of shares held by the Buyer and Seller.

A SPA should specify the sale price for the shares, specify the currency and timescale for the sale, and list any other conditions like staged payments. Usually, payment is made in cash, although sometimes the buyer may offer the seller some of its shares, or issue loan notes to the seller.

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.

A SPA should specify the sale price for the shares, specify the currency and timescale for the sale, and list any other conditions like staged payments. Usually, payment is made in cash, although sometimes the buyer may offer the seller some of its shares, or issue loan notes to the seller.

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.

How to draft a purchase agreement Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

This means that the Seller is entitled to the cash on the balance sheet on the closing date of the transaction, and that the Seller is responsible for debts owed by the company (defined as Indebtedness).

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