achievementdocx.docx
- 文档编号:5805645
- 上传时间:2023-01-01
- 格式:DOCX
- 页数:43
- 大小:48.44KB
achievementdocx.docx
《achievementdocx.docx》由会员分享,可在线阅读,更多相关《achievementdocx.docx(43页珍藏版)》请在冰豆网上搜索。
achievementdocx
achievement
STOCKPURCHASEAGREEMENTAMONG:
AAACORPORATION,BBB,CCC,INC.,THESHAREHOLDERSOFBBBANDTHESHAREHOLDERSOFCCC,INC._________Datedasof_________,_________,_________(M,D,Y)
1.DESCRIPTIONOFTRANSACTION
1.1SaleandPurchaseofShares
1.2EffectivenessoftheSaleandAssignment
1.3Deliveries
1.4GoverningDocuments
1.5InitialPurchasePrice
1.6AdditionalPurchasePrice
1.7FurtherAction
2.REPRESENTATIONSANDWARRANTIESOFTHESHAREHOLDERS
2.1DueOrganization;Subsidiaries;Etc.
2.2CharterDocuments;Records
2.3Capitalization,Etc.
2.4FinancialStatements
2.5AbsenceofChanges
2.6TitletoAssets
2.7BankAccounts;Receivables;Customers
2.8Equipment;Leasehold
2.9ProprietaryAssets
2.10Contracts
2.11Liabilities
2.12CompliancewithLegalRequirements
2.13GovernmentalAuthorizations
2.14TaxandSocialSecurityFilings
2.15EmployeeandLaborMatters;BenefitPlans
2.16EnvironmentalMatters
2.17SaleofProducts;PerformanceofServices
2.18Insurance
2.19RelatedPartyTransactions
2.20LegalProceedings;Orders
2.21Authority;BindingNatureofAgreement
2.22Non-Contravention;Consents
2.23NoBrokers
2.24EliminationofCertainPensionLiabilities
2.25PaymentstoShareholders
2.26GeneralRelease
2.27FullDisclosure
3.REPRESENTATIONSANDWARRANTIESOFPURCHASER
3.1Authority;BindingNatureofAgreement
3.2LegalProceedings
3.3Non-Contravention;Consents
3.4NoBrokers
3.5FullDisclosure
4.INDEMNIFICATION,ETC.
4.1SurvivalofRepresentations,Etc.
4.2Indemnification;Setoff
4.3ProcedureforClaims
4.4Threshold;Ceiling
4.5NoContribution
4.6DefenseofThirdPartyClaims
5.TAXANDOTHERINDEMNIFICATION
5.1General
5.2LimitationPeriod
5.3NoticeofAudits;Cooperation
5.4Payments
6.PROPRIETARYINFORMATION,NONCOMPETITIONANDOTHERCOVENANTS
6.1Acknowledgements
6.2NoUseofConfidentialInformation
6.3CovenantsNottoCompete
6.4RightsandRemedies
6.5OtherCovenants
7.MISCELLANEOUSPROVISIONS
7.1Shareholders'Agent
7.2FurtherAssurances
7.3FeesandExpenses
7.4RecoveryofLitigationCosts
7.5Notices
7.6Confidentiality
7.7Headings
7.8GoverningLaw;Venue
7.9SuccessorsandAssigns
7.10Waiver
7.11Amendments
7.12Severability
7.13PartiesinInterest
7.14EntireAgreement
7.15Construction
7.16RemediesCumulative;SpecificPerformance
7.17Counterparts
AGREEMENT,datedasof_________,_________,_________(M,D,Y),byandbetweenAAACORPORATION,a_________(Placename)corporation("Purchaser"),BBB,aprivatecompanywithlimitedliabilityunderthelawsofthe_________(Country)("BBB"),CCC,INC.,a_________(Placename)corporation("CCC")andtheSHAREHOLDERSOFBBBANDCCC(the"Shareholders").BBBandCCCarecollectivelyreferredtoasthe"Companies."CertaincapitalizedtermsusedinthisAgreementaredefinedinExhibitA.
RECITALS
A.Thepartiesdesiretoeffectasaleof100%oftheoutstandingcapitalstockofBBB("BBBCapitalStock")and100%oftheoutstandingcapitalstockofCCC("CCCCapitalStock")bytheShareholderstoPurchaser,asdescribedinthefollowingtable:
BBBCCC
CapitalStockOwnedCapitalStockOwned
ShareholderNameandtobeSoldandtobeSold
_________(Name)_________AShares_________Shares
_________(Name)_________BShares_________Shares
_________(Name)_________Shares_________Shares
_________(Name)_________BShares_________Shares
Totals_________Shares_________Shares
B.ThisAgreementhasbeenadoptedandapprovedby
(1)theboardofdirectorsofPurchaser,
(2)themanagingdirectorsofBBB,and(3)theboardofdirectorsofCCC,ineachcaseasrequiredbyapplicablelaw.
AGREEMENT
ThepartiestothisAgreement,intendingtobelegallybound,agreeasfollows:
1.DESCRIPTIONOFTRANSACTION.
1.1SaleandPurchaseofShares.UponthetermsandsubjecttotheconditionssetforthinthisAgreement,immediatelyuponexecutionofthisAgreement(the"EffectiveTime"),theShareholdersshallsellandassignthesharesofBBBCapitalStockandthesharesofCCCCapitalStocksetforthinthetablecontainedinRecitalAofthisAgreementtoPurchaser(the"Purchase").Allsuchsharesarecollectivelyreferredtoasthe"Shares."EachoftheShareholdersconsentstothesaleandassignmentoftheSharesheldbyeachoftheotherShareholders.PurchaseracceptsthesaleandassignmentoftheShares.
1.2EffectivenessoftheSaleandAssignment.ThesaleandassignmentshallbecomeeffectiveuponpaymentofthepurchasepriceasprovidedforinSection1.5.
1.3Deliveries.AttheEffectiveTime:
(a)EachoftheShareholderswilltransfertheBBBCapitalStockownedbyhimtoPurchaserthroughthedueexecutionofanotarialdeedinfrontofacivillawnotarypracticinginthe_________(Country)intheformofExhibitB,andtheShareholdersshalldelivertoPurchasertheshareholdersregisterofBBB,evidencingthetransferoftheBBBCapitalStockfromtheShareholderstoPurchasereffectiveasoftheEffectiveTime;
(b)EachoftheShareholderswilltransfertheCCCCapitalStockownedbyhimtoPurchaserthroughthedueexecutionofanotarizedstockassignmentintheformofExhibitC,andtheShareholdersshalldelivertoPurchaserthestockbookandshareregisterofCCC,evidencingthetransferoftheCCCCapitalStockfromtheShareholderstoPurchasereffectiveasoftheEffectiveTime;
(c)SubjecttoapplicableLegalRequirements,promptlyafterbeingrequestedtodosobyPurchaseraftertheEffectiveTime,theofficersanddirectors,includingmanagingdirectors,ofeachoftheCompaniesshallresignfromeachoftheirpositionsateachoftheCompaniestotheextentrequestedbyPurchaserandshallcauseeachemployment,consultingorsimilaragreementbetweenanyoftheShareholdersandanyoftheCompaniestobeterminated,andtothateffecteachofthemshalldelivertocounseltoPurchaserresignationlettersandterminationagreementsinformandsubstancesatisfactorytocounseltoPurchaser;
(d)PurchasershallmakethecashpaymentsspecifiedinSection1.5bywiretransfer;
(e)EachoftheShareholdersshallexecuteanddeliveraGeneralRelease,asdescribedinSection2.26;and
(f)EachoftheShareholdersshalldeliveraSpousalConsent,intheformfollowingthesignaturepagesofthisAgreement,dulyexecutedbyhisspouse.
1.4GoverningDocuments.ThecharterandothergoverningdocumentsofBBBandCCCshallbeamendedandrestatedasoftheEffectiveTimeinthemannerspecifiedbyPurchaser;provided,however,thatifsuchamendmentorrestatementspecifiedbyPurchaserisforanyreasonrejectedorrenderedineffectivebyaGovernmentalBody,noneoftheobligationstopayanyoftheamountspayablepursuanttoSection1.5and1.6shallinanywaybeaffectedthereby.
1.5InitialPurchasePrice.
(a)TheinitialaggregatepurchasepricepayablebyPurchaserfortheSharesattheEffectiveTimeshallbeUSD_________.TheinitialaggregatepurchasepriceisallocatedamongtheShareholdersasfollows:
(1)_________(Name),USD_________;
(2)_________(Name)and_________(Name),jointly,USD4_________;and
(3)_________(Name),USD_________.
(b)Suchpurchasepricewillbepaidasfollows:
(1)USD_________toINGBank,forthebenefitofJean-PierreChervet;
(2)USD_________toUnitedBankofSwitzerland,forthebenefitof_________(Name)and_________(Name),jointly;and
(3)USD_________toINGBank,forthebenefitof_________(Name).
1.6AdditionalPurchasePrice.
(a)SubjecttoachievementbytheCompaniesoftargetTurnoveramountsshownbelowfortheyearindicatedandthelimitationssetforthinthisSection1.6,PurchasershallpaythefollowingadditionalamountstotheShareholderswithin30daysafterthefollowingdatesasadditionalconsiderationforthesaleandassignmentoftheShares:
YearEndingTarget_________(NAME)_________(NAME)_________(NAME)Total
TurnoverPayment
Amount(_________%)(_________%)(_________%)
______________________________________________________
______________________________________________________
TotalsUSD_________USD_________
(b)Notwithstandingtheforegoing,theobligationofPurchasertomakethepaymentscontemplatedbythisSection1.6shallbesubjecttoanyrightofsetoffthatPurchasermaybeentitledtoexercise(pursuanttoSection4.2orotherwise).
(c)TherighttoreceivethepaymentssetforthinSection1.6(a)
shallbecumulative1asillustratedinthisSection.6(c).
(1)TheamountbywhichtheTurnoverAmountforaparticularyearexceedstherelevanttargetTurnoverAmountforsuchyearshallbecarriedforwardandappliedtowardthetargetTurnoverAmountforthefollowingyear.Forexample,iftheTurnoverAmountfortheyearending_________,_________,_________(M,D,Y)isUSD_________,USD_________willbecarriedforwardtotheyearending_________,_________,_________(M,D,Y)sothatiftheactualTurnoverAmountforsuchyearisUSD_________orgreater,thepaymentforsuchyearwillbeearned.
(2)IftheTurnoverAmountforaparticularyearislessthantherelevanttargetTurnoverAmountforsuchyear,thetotalTurnoverAmountshallbecarriedforwardandappliedtowardthetargetTurnoverAmountforthefollowingyear.Forexample,iftheTurnoverAmountfortheyearending_________,_________,_________(M,D,Y)isUSD_________,USD_________willbecarriedforwardandappliedtowardthetargetTurnoverAmountforthefollowingyear.
(3)IfthecumulativeTurnoverAmountachievedfrom_________,_________,_________(M,D,Y)through_________,_________(M,D)ofagivenyearisequaltoexceedsthesumofthetargetTurnoverAmountsforsuchyears,Purchaserwillmakethetotalpaymentsrequiredforallsuchyearstotheextentnot
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- achievementdocx