Equity Purchase Agreement
This Equity Purchase Agreement ("Agreement") is made and entered into as of [Insert Date], by and between the following parties:
Parties
Purchaser
Name: [YOUR COMPANY NAME]
Address: [YOUR COMPANY ADDRESS]
Seller
Name: GoWorld
Address: Miami, FL 33103
Recitals
WHEREAS, Seller owns [Insert Number] shares of [YOUR COMPANY NAME] (the "Company"); and
WHEREAS, Seller desires to sell and Purchaser desires to purchase, on the terms and conditions set forth herein, 5 shares of the Company (the "Shares").
Terms and Conditions
1. Purchase and Sale
Subject to the terms and conditions of this Agreement, Seller agrees to sell, assign, transfer, and deliver to Purchaser, and Purchaser agrees to purchase from Seller, the Shares for a total purchase price of $125,000 ("Purchase Price").
2. Payment of Purchase Price
The Purchase Price shall be paid by Purchaser to Seller by bank transfer at the closing of this transaction.
3. Closing
The closing of this transaction ("Closing") shall occur on or before [Insert Closing Date] at a time and place mutually agreed upon by the parties, or at such other time and place as the parties may mutually agree in writing.
4. Representations and Warranties
Seller represents and warrants to Purchaser that Seller has good and marketable title to the Shares, free and clear of any liens, claims, or encumbrances.
Purchaser represents and warrants to Seller that Purchaser has the full power and authority to enter into this Agreement and perform its obligations hereunder.
Miscellaneous
5. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [Insert State].
6. Entire Agreement
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements.
7. Amendments
No amendment or modification of this Agreement shall be effective unless in writing and signed by both parties.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Equity Purchase Agreement as of the date first above written.
[YOUR NAME]
Seller
GoWorld
Purchaser
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