6 edition of The insured stock purchase agreement with sample forms found in the catalog.
by Real Property, Probate, and Trust Law Section, American Bar Association in Chicago
Written in English
|Statement||Lawrence Brody, Michael D. Weinberg.|
|Series||The insurance counselor ;, 7|
|Contributions||Weinberg, Michael D., 1936-|
|LC Classifications||KF1454.Z9 B76 1997|
|The Physical Object|
|Pagination||xiii, 204 p. :|
|Number of Pages||204|
|LC Control Number||97073448|
I uploaded a simple asset purchase agreement to Docracy and thought I’d share it here. I drafted it with very small businesses in mind. It’s structured as a bill of sale and assumption agreement to make it easy for do-it-yourselfers to use (in many cases there’ll be no need for a separate bill of sale, it doesn’t require closing certificates, and it’s otherwise largely a fill-in-the. Insurance policies are contracts between the insured and the insurance company. Like other contracts, the form of acquisition (e.g., stock purchase, merger, asset purchase) may influence whether and how insurance policies remain with the target following the acquisition. Often such contracts may not be transferred without the consent of the.
(Related: Funding a buy-sell agreement) Entity-purchase agreement. Under an entity-purchase plan, the business purchases an owner’s entire interest at an agreed-upon price if and when a triggering event occurs. If the business is a corporation, the plan is referred to as a stock redemption agreement. Sections , and of the Bankruptcy Code, the Real Property, all as more specifically provided herein and in the Sale Order. NOW, THEREFORE, in consideration of the foregoing recitals, which are hereby deemed to be incorporated into this Asset Purchase Agreement as an integral part hereof, and the parties’ respective.
Unlike the stock sale, it is typical in an asset transaction for a buyer to not as-sume any liabilities of the seller agency. Therefore, in an asset sale, it is critical for the buyer, through due diligence and appropriate representations and warranties in the purchase agreement, to ensure that it is purchasing the agen-. A Broker Agreement, also known as a Finder's Fee Agreement or a Referral Agreement, sets forth the terms and conditions under which a Broker will either find goods and/or services for a Buyer to purchase or interested buyers for goods and/or services being sold by a Seller. The Broker's role may be limited to just introducing a buyer and a seller, or may be more involved in the transaction.
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ISBN: OCLC Number: Description: xiv, pages ; 28 cm + 1 CD-ROM (4 3/4 in.). Contents: Forms of stock purchase agreements --Possible types of restrictions on stock and the events permitting or requiring the purchase of a stockholder's stock --Methods of determining purchase price under the agreement --State law considerations --Funding and methods.
Get this from a library. The insured stock purchase agreement with sample forms. [Lawrence Brody; Michael D Weinberg]. For Stock Sale Purchase Agreements. Stock sale purchase agreement forms are used by those who would like to purchase any company stock share.
These forms basically take care of agreements regarding the purchase price of the share, any adjustments that need to be made, and the solutions regarding any disputes that either party may have. This is a sample of a stock purchase agreement which gives the user an idea of the format to be followed and the sections to be included while drafting such a contract.
The user can use this just the way it is or can make changes to it as per his needs. You can also see Confidentiality Agreement Forms. Simple Stock Purchase Agreement. Elements of a Stock Purchase Agreement.
To cover the terms for the transaction, a stock purchase agreement must list the following elements: 1. Company Name: This is the name of the business entity that will be selling their stock.
In the stock purchase agreement, the company is. STOCK PURCHASE AGREEMENT € THIS STOCK PURCHASE AGREEMENT (the “Agreement”) is entered into as of the 21st day of December, (the “Effective Date”), by and among Lehigh Gas Wholesale Services Inc., a Delaware corporation (the “Purchaser”), and.
STOCK PURCHASE AGREEMENT This STOCK PURCHASE AGREEMENT (“Agreement”), dated as of Septem (the “Effective Date”), is by and among CARE1ST HEALTH PLAN, a California nonprofit corporation (the “Seller”), CARE1ST HEALTH PLAN ARIZONA, INC., an Arizona corporation, ONECARE BY CARE1ST HEALTH PLAN OF ARIZONA, INC., an Arizona corporation (each a.
A stock purchase agreement is an essential legal contract that documents the specific details of an agreement between a purchaser of company shares and the seller and is intended to protect both parties involved in the transaction.
This Stock Purchase Agreement (the “Agreement” or “Stock Purchase Agreement”) states the terms and. A stock purchase agreement is an agreement wherein the owner of shares of stock (the “Seller”) agrees to sell the stock to a buyer (the “Purchaser”).
Generally, this type of form is used for the stock of a small corporation. EXECUTION COPY. ASSET PURCHASE AGREEMENT. This ASSET PURCHASE AGREEMENT (this “Agreement”) is made as of October 1,by and among EMMIS PUBLISHING, L.P., an Indiana limited partnership (the “Seller”), and COUNTRY SAMPLER, LLC, an Indiana limited liability company (the “CS Buyer”), and BIG SANDY REALTY, LLC, an Indiana limited liability.
One chapter is devoted to state law considerations, including general information on community property states and a summary of various state laws, while another chapter focuses on S Corporation concerns in drafting buy-sell agreements.
Exhibits in The Insured Stock Purchase Agreement include a comparison of stock redemption and cross-purchase agreements, a table of the Rules of Attribution to corporate stock redemptions. PURCHASE AND SALE AGREEMENT. PART I AGREEMENT made and entered into this _____ day of _____, 19__, by and among ABC INSURANCE AGENCY, INC., a Massachusetts corporation, having a principal place of business in Boston, Massachusetts, hereinafter referred to as the "Buyer", OLDCO INSURANCE AGENCY, INC., a Massachusetts corporation, having a principal place of business in.
this Agreement or this Agreement will become null and void. The deposit is only refundable if the Court rejects the offer, or the Receiver is unable to complete the sale for any reason. Purchase Price. The Purchase Price for the Shares is $_____ (the "Purchase Price").
STOCK PURCHASE AGREEMENT. THIS AGREEMENT, made the __th/rd/nd day of (Month), (year)_____, by and between (Name of Company), a corporation authorized to do business in (Your State) (the Corporation) and the individual listed in Exhibit A attached hereto (each individually a Shareholder and collectively the Shareholders).
RECITALS. The stock purchase agreements are the contract to transfer ownership of stocks from the seller to the purchaser. The key provisions of the stock purchase agreement have to go along with the transaction itself, such as the date of the transaction, the number of stock certificates, and also the price per share.
SAMPLE BUY-SELL AGREEMENT The Owners own all of the outstanding common stock of the Company (the "Units"), and desire to promote and protect their mutual interests and the interests of the Company. Therefore, the parties hereby agree as follows. Book Value / Purchase Price.
STOCK PURCHASE AGREEMENT. THIS STOCK PURCHASE AGREEMENT is made and entered into as of _____,by and among Heat Biologics, Inc., a Delaware corporation (the “Purchaser”), Pelican Therapeutics, Inc., a Delaware corporation (the “Company”), each of the participating stockholders of the Company set forth on the signature pages to this Agreement and.
hereby agrees to pay the aggregate purchase price of $_____, or $_____ per share, for the Shares at the Closing (as defined below). Closing. The closing of the purchase and sale of the Shares under this Agreement shall occur simultaneously with the execution of this Agreement by the Parties.
CROSS-PURCHASE BUY-SELL AGREEMENT Potential Downsides In a business with many owners, a cross-purchase agreement can be cumbersome because of the number of policies involved.
For example, with six owners, each owner purchases five policies, for a total of 30 life insurance policies needed to fund the agreement. or corporation) to another (Buy-Sell agreement) may be funded by life insurance f. Shares of stock, if this is to be the method of purchase, it should be restricted to put others on notice as to the existence of a sale and purchase or buy-sell agreement g.
Must be determined whether life and/or health insurance will be procured to protect. Sample - Buy a Book of Business Agreement.
Note: Once the agreement is executed, it will need to be submitted to the Receivership Court for approval and then the approved buyer will need to file a notice of transaction with the Florida Office of Insurance Regulation.
If the policies are located outside of Florida, obtain approval from the.Asset Deal – In acquisitions an “asset deal” is a purchase agreement to buy the property of an agency. This would include all intangible assets such as a book of business, renewal rights, customer list, inforce and carrier contracts.
Real property like computers and equipment are also included.The purchase price to be paid for the shares subject to this Agreement shall be _ _[number, e.g., ]_ _ percent of their book value determined as of the end of the fiscal quarter _ _[preceding the month]_ _ in which the event requiring determination of the purchase price occurs.