Stock Purchase Agreement

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Summary: A stock purchase agreement is an agreement wherein the owner of shares of stock (the “Seller”), usually a company, agrees to sell the stock to a buyer (the “Purchaser”). Generally, this type of form is used for the stock of a small corporation. A stock purchase agreement can be beneficial for both parties because it clearly lays out the expectations of the transaction including: (i) the number and type of stock sold, (ii) the purchase price and (iii) when the transaction will take place. In addition, the Seller will make representations about his/her ownership of the shares of stock in the stock purchase agreement, thereby giving the Buyer additional comfort. Add To Cart

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