AGGREMENT FOR PURCHASE OF CORPORATE STOCK THIS AGREEMENT FOR DISTRIBUTION OF CORPORATE STOCK, hereinafter referred to as “Agreement”, is made on the ____ day of _____ , 2012 for the distribution of stock of Career-Sync, Inc., an Illinois corporation, by and between Jacob Donnewald, of Joliet, Illinois, hereinafter referred to as “Seller”, and hereinafter referred to as “Purchaser”. The seller agrees to sell to the purchaser, and the purchaser agrees to purchase from the seller, 50 Shares of capital stock of Career-Sync, Inc. , an Illinois corporation, at the price and on the terms and conditions herein set forth, said 50 shares representing 50% of the issued shares of said corporation.
1. PURCHASE PRICE. The purchase price to be
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6. PURCHSER ACKNOLEDGMENT> The purchaser acknowledges that in consideration of the purchase price, he/she is assuming and accepting all liabilities and expensed, including but not limited to current and/or potential Federal, State and Local taxes, claims, demands, penalties, fines or other losses, associated with the operation of Career-Sync, Inc., as set forth in Paragraph 5, and that said Purchaser does so knowingly. The purchaser further acknowledges that he/she had had an opportunity to review all of the books of record and accounts of Career-Sync, Inc. The purchaser further acknowledges that he/she is aware of any pending litigation involving Career-Sync, Inc.
7. DEFAULT. In the event that the purchaser fails to make the payment required hereunder, the seller shall notify the purchaser in writing, and the Purchaser shall be allowed 2.5 months (75) days to cure said default. If such default is not cured within said 75 day period, then the purchaser shall forfeit this agreement and his/her right to transfer of those shares of stock as provided herein. Notwithstanding any default in payment by the purchaser and subsequent declaration of
million shares of common stock had been repurchased on the open market by Marriott Corporation
offered the option to reinvest $20 to receive additional new Ford common shares. In this
exchange for the equity, Bank B agreed to (1) waive any default penalties associated with
At the time of the sale, the company receives immediate payment for the stated principal amount of the installment contract and a portion of the finance participation resulting from the interest rate differential. The remainder of the interest rate differential is retained by the financial institution as a security against credit losses and is paid to the company in proportion to customer payments received by the financial institution.
This Agreement is made and entered by and between Catalyst Healthcare Marketing, a Texas corporation (“Company”) and ____________________ (“Client”).
24 months from closing. The Borrower will have the option to extend the loans for an additional six (6) months provided the following conditions are met to the satisfaction of the lender: 1) Loan is not otherwise in default 2) There is adequate interest reserve with the loan proceeds to service the debt during the extension period. The Borrower will have the option to post a cash interest reserve to meet this requirement 3) The Borrower has sold a total of 3 units of which 2 have settled 4) The Borrower pays a 0.25% extension fee to be calculated based on the maximum aggregate funding available.
If this Engagement Agreement is acceptable to you, please sign a copy thereof and return to me. This Engagement Agreement is effective as of November __, 2015 and supersedes all prior oral or written agreements regarding Thompson & Knight’s representation of you in this matter. This Agreement can be amended or modified only in writing. This Engagement Agreement shall be binding upon Greenville and the Firm, and respective heirs, executors, legal representatives, successors and assigns of such
This is a contract entered into by Generation Leadz Etc. (hereinafter referred to as “the Provider”) and Barrington Commercial Lending (hereinafter referred to as “the Client”) on this date, Wednesday 2/15/2015
In consideration of the covenants and agreements contained in this Agreement, the Parties agree to the following:
Mandatory Conversion Right—at the execution of the Company’s IPO with proceeds netting at least $50 million, the Shares will be converted to the Company’s common stock.
In consideration of the mutual promises set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound, the parties hereby agree as follows:
THIS VEHICLE SALES AGREEMENT is entered into on this 13th day of November, 2015, by Michael Jones of 123 Green Street, South Plainfield, New Jersey and K. Smith, of 456 Blue Street, Woodbridge, New Jersey.
c. Pay calls, assessments, and other sums chargeable or accruing against the securities, and sell or exercise stock subscription or conversion rights; and
Thank you for choosing our firm to represent LiteCharge Enterprises collectively in addition to each of you individually. We look forward to a long and fruitful relationship. The purpose of this letter is three-fold: (1) to make you aware of the potential conflicts that may arise during our representation of LiteCharge Enterprises collectively and each of you individually; (2) to advise you of your right to consult with independent counsel regarding the terms, provisions, and disclosures described in this consent letter; and (3) to obtain your informed written consent to all terms, provisions, and disclosures set forth in this consent letter.
This means that under the company’s current policy, revenue is recognized too early, before delivery, while actual payment is not received until 30 days after customer acceptance or until the 90-day warranty period has ended. Furthermore, the 90 day warranty provision creates an uncertainty in the collectibility of sales proceeds.