Stock Transfer Agreement Delaware
3.3. Disposal. The company`s right to acquire a portion of the shares may be transferred in whole or in part to the holders or holders of shares of the company or to other persons or organizations. 4. Stand-off agreement on the market. The buyer cannot sell, sell, sell, sell, sell, sell, sell, sell short, accept an option to purchase or participate in a hedge or similar transaction with the same economic effect, for a period determined by the insurer-manager. The purchaser agrees to execute and comply with other agreements that can reasonably be requested by the company and/or the managing insurer and which are in accordance with the above or are necessary to have an additional effect. In order to enforce the above contract, the entity may impose sub-transfer instructions on Purchaser153s` limited securities until the end of that period. The purchase of shares involves the direct purchase of the current owner of the stock to acquire the property. In this agreement, assets and liabilities that are not included in the share purchase agreement are offset or sold prior to the signing of the contract. If there is only one shareholder, it may not be necessary to enter into a share purchase agreement because, in most cases, the company`s shares and assets are sold simultaneously. Other items and clauses may be added to a share purchase agreement, depending on the case. It is recommended that you consult a professional business lawyer UpCounsel to design a SPA covering all eventualities.
b) the successor and the agent. This agreement applies to the rights holders and transfers of the company and is binding on purchasers, purchasers153 and assignments, subject to the transfer restrictions set out in the agreement. 2048F. By. 16F. Endorsement Effectual in Spite of Fraud, Duress, Mistake, Revcation, Death, Incapacity or Lack of Consideration or Authority:-Confirmation of a certificate by the person who appears by the certificate as the owner of the shares represented is effective, except as indicated in 2048G. Section 16G, although the endorser or ceding, 6.1. Mergers and other events. If, as a result of a reorganization, recapitalization, reclassification, dividend, stock split, reverse share portion or similar change in the company`s share capital, outstanding common shares are increased or reduced or exchanged for another number or type of shares or other shares of the company, common shares or other shares or other shares or other shares or other securities of the Company, or other non-solvency securities, are distributed from common shares or other securities, or, as a result of a merger, consolidation or sale of all the assets of the company or, for the most part, of all the assets of the company`s outstanding shares are converted to another number or type of securities of the company or company (or subsidiary) or exchanged for another number or type of securities of the company or company (or subsidiary). the Board of Directors applies an appropriate or proportionate adjustment in (i) the number and type of shares that depend on this agreement and (ii) the unreadable repurchase price, if any. The adjustment by the Board of Directors is final, binding and conclusive.
Under this provision resulting from such an adjustment, no fraction of shares is issued, but the Board of Directors may, at its sole discretion, make a cash payment instead of fractions of shares. In the event of a merger or consolidation of the company with or in another entity, converting the common stock into the right to pay in cash or in exchange for the right to receive cash, securities or other assets or exchange of common shares for cash, securities or other assets in connection with a share exchange transaction, the transmission restrictions and other provisions of this agreement benefit the company`s successor and apply to the cash,