Xi`an New Land Development Co., LTD (“New Land”), which is jointly owned by Party A, is now working with the Xi`an In Xi`an Fusions district government to develop the BaQiao Science – Technology Industrial Park, a provincial development area in Shaan`xi province. This development area has already been mentioned in the general planning of the city of Xi`an by the central government of Xi`an, with trade and trade, tourism, residence and logistics being the integrated core activities. Because of its geographical advantages, it has a future perspective. With respect to the transfer of new ownership of shares, as part of the negotiations between the two parties “Corporation Law of P.R.C” and other relevant laws and regulations, and in accordance with the principle of equality and mutual benefit, both parties have entered into the following agreements: Note that most companies have common shares, but will not all be preferred shares. PandaTip: WARNING! Transfer of partially paid shares (less than 100%) an obligation of the purchaser and is the same as the transfer of a debt. In the last example (Acorn Trading), obtaining these shares would create a $9,000 commitment for the new shareholder. THIS STOCK TRANSFER AGREEMENT (the “Agreement”) dates from October 5, 2020 between Cary L. Cheldin, trustee of the Cary L. Cheldin Trust (the “Transferor”), Ambina Unico Holdings LLC, a limited liability company organized under Delaware state law (the “Transfere”) and Unico American Corporation, a Nevada company (the “guarantee”).
The taker, taker and guarantor can be designated as “party” and collectively “parties” below. THIS ACCORD ON STOCK EXCHANGE (`agreement`) is concluded and registered on 31 March 2015 to take effect from the effective date of the IPO (hereafter referred to as Boxlight Corporation (formerly Logical Choice Corporation), a Nevada corporation (the “company”); (C) Logical Choice Corporation, a Delaware corporation (“LCC”); and (C) Green Capital Corp., a Delaware company (“Green,” for itself and as agent and agent (the escrow agent) for Series A LCC preferred share holders, who are included in L`Artiver A and have made a part of it (together the “LCT Minority Stockholders”). The company, LCC and Vert are sometimes referred to individually as “party” and collectively as “parties”. 1.1 The assignor transfers all shares to the purchaser in absolute terms, taking into account the amount mentioned in point 2. When creating a share purchase agreement, it is important to give details of the shares sold, for example. B the type of actions. Common, preferential, voting and non-voting terms are terms that can be used to describe shares. There are two parties who participate in a share purchase agreement: the buyer and the seller. Both are required to sign the share purchase agreement.
Although a signature witness is not required, it is recommended that either person or party be authorized. Certification is also recommended in such a situation, so the validity of the agreement is not questioned. A share purchase agreement should be used whenever a person or company sells or buys shares in a company or another person or company.