Stock Purchase Agreement With Notary
Stock Purchase Agreement With Notary
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I. Introduction
This Stock Purchase Agreement ("Agreement") is entered into on April 15, 2050, by and between, [Buyer's Name], residing at [Buyer's Address] (hereinafter referred to as the "Buyer"), and [Your Name], residing at [Your Company Address] (hereinafter referred to as the "Seller").
Whereas, the Buyer desires to purchase and the Seller desires to sell 1000 shares of common stock (the "Shares") of [Your Company Name], a [State] corporation (the "Company"), on the terms and conditions set forth herein.
Hence, taking into account the common promises and agreements included here and the valuable exchanges, the receipt and sufficiency of which both parties acknowledge, they mutually agree to the following terms.
II. Purchase and Sale of Shares
The Seller hereby agrees to sell to the Buyer, and the Buyer agrees to purchase from the Seller, 1000 shares of the Company's common stock at a purchase price of $10 per share, for a total purchase price of $10,000 (the "Purchase Price").
III. Closing
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The closing of the purchase and sale of the Shares (the "Closing") shall take place on May 1, 2050, at [Your Company Address].
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At the Closing, the Seller shall deliver to the Buyer a certificate representing the Shares, duly endorsed for transfer, and the Buyer shall deliver to the Seller the Purchase Price by bank transfer.
IV. Representations and Warranties
The Seller represents and warrants to the Buyer that:
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The Seller is the lawful owner of the Shares, free and clear of any liens, encumbrances, or restrictions;
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The Seller has full power and authority to sell the Shares;
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The Seller has the legal right and authority to enter into and perform this Agreement.
The Buyer represents and warrants to the Seller that:
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The Buyer has the legal right and authority to enter into and perform this Agreement.
V. Notary Acknowledgment
The parties hereby acknowledge that they have executed this Agreement before a notary public, and each party affirms that their respective signatures are their own and that they have willingly entered into this Agreement.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
[YOUR NAME]
[DATE SIGNED]
[BUYER NAME]
[DATE SIGNED]
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