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Document Id : 8819
File Type : Microsoft Word
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USA Stock Purchase Agreement
Transfer all of the shares of stock of a US company from one party to another with this USA Stock Purchase Agreement.
- A percentage of the purchase price will be held in escrow until the buyer conducts a review all of the company's books and records. If the buyer is not satisfied with the results of the review and does not wish to proceed with the purchase, all deposits paid to that point will be returned and neither party will have any further obligation or liability.
- The seller provides standard representations and warranties regarding ownership of the shares, power to sell the shares, no contracts or options existing which affect the shares, no liens or charges affecting the shares.
- The buyer provides standard representations and warranties regarding its corporate status, all necessary corporate actions taken to authorize the purchase of the shares.
- Both parties warrant that there will be no fees or commissions owing with respect to the transaction.
- Each party covenants to indemnify the other against claims or damages resulting from that party's misrepresentation or its failure to honor its obligations under the Agreement.
- Each party will pay its own expenses incurred with respect to the transaction.
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