Houston Texas Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Greystone Funding Corp

• Category: Corporations - Public - Stockholder
• State: Multi-State
• City: Houston
• Control #: US-EG-9097
• Format: Word; Rich Text

Description

Stockholders Agreement among Schick Technologies, Inc., David Schick, Allen Schick and Greystone Funding Corporation dated December 27, 1999. 5 pages Houston Texas Stockholders Agreement is a legal document that outlines the rights, responsibilities, and obligations of the stockholders involved in a business venture. In this case, the agreement is between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. It is crucial in establishing a framework for decision-making, voting rights, profit distribution, share transfers, and overall governance of the company. The Houston Texas Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp can be categorized into different types. These may include: 1. Voting Rights Agreement: This type of agreement specifies the voting power and rights of each stockholder, determining how voting decisions are made during shareholder meetings. It outlines the procedures for voting, the quorum requirements, and any special voting provisions agreed upon. 2. Shareholder Buy-Sell Agreement: This agreement addresses how shares can be bought, sold, or transferred among the stockholders. It outlines the conditions for share transfers, such as preemptive rights, restrictions on selling shares to third parties, and the procedures for valuation and pricing of shares. 3. Control Agreement: A control agreement details the measures and safeguards in place for maintaining control and protecting the rights of stockholders with a significant ownership stake. It may include provisions regarding board representation, appointment of key executives, and decision-making authority. 4. Profit Distribution Agreement: This type of agreement defines the mechanism for distributing profits and dividends among the stockholders. It outlines the allocation of profits, the frequency of dividend payments, and any preferred dividend rights for certain stockholders. 5. Board Composition Agreement: This agreement addresses the composition and appointment of the board of directors. It details the number of directors, the selection process, and any special rights or qualifications required for board membership. 6. Confidentiality and Non-Disclosure Agreement: A confidentiality agreement is often included in a stockholders' agreement. It ensures that sensitive company information, trade secrets, and intellectual property are protected, restricting stockholders from disclosing such information to third parties. It is essential that a Houston Texas Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp is custom-tailored to suit the specific needs and circumstances of the parties involved. Legal advice from a qualified attorney is highly recommended ensuring compliance with applicable laws and protection of the stockholders' interests.

Houston Texas Stockholders Agreement is a legal document that outlines the rights, responsibilities, and obligations of the stockholders involved in a business venture. In this case, the agreement is between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp. It is crucial in establishing a framework for decision-making, voting rights, profit distribution, share transfers, and overall governance of the company. The Houston Texas Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp can be categorized into different types. These may include: 1. Voting Rights Agreement: This type of agreement specifies the voting power and rights of each stockholder, determining how voting decisions are made during shareholder meetings. It outlines the procedures for voting, the quorum requirements, and any special voting provisions agreed upon. 2. Shareholder Buy-Sell Agreement: This agreement addresses how shares can be bought, sold, or transferred among the stockholders. It outlines the conditions for share transfers, such as preemptive rights, restrictions on selling shares to third parties, and the procedures for valuation and pricing of shares. 3. Control Agreement: A control agreement details the measures and safeguards in place for maintaining control and protecting the rights of stockholders with a significant ownership stake. It may include provisions regarding board representation, appointment of key executives, and decision-making authority. 4. Profit Distribution Agreement: This type of agreement defines the mechanism for distributing profits and dividends among the stockholders. It outlines the allocation of profits, the frequency of dividend payments, and any preferred dividend rights for certain stockholders. 5. Board Composition Agreement: This agreement addresses the composition and appointment of the board of directors. It details the number of directors, the selection process, and any special rights or qualifications required for board membership. 6. Confidentiality and Non-Disclosure Agreement: A confidentiality agreement is often included in a stockholders' agreement. It ensures that sensitive company information, trade secrets, and intellectual property are protected, restricting stockholders from disclosing such information to third parties. It is essential that a Houston Texas Stockholders Agreement between Schick Technologies, Inc., David Schick, Allen Schick, and Grey stone Funding Corp is custom-tailored to suit the specific needs and circumstances of the parties involved. Legal advice from a qualified attorney is highly recommended ensuring compliance with applicable laws and protection of the stockholders' interests.