this sale leaves the seller with no rights in the corporation. seller hereby represents and warrants that seller has good title to the stock conveyed herein and that the stock is that of the corporation, which is a duly organized corporation, and in good standing, under the laws of state of [insert state here]. seller is not a party to any contract with regard to any third party rights in the stock or voting in the corporation as a result of the stock.
seller shall maintain all voting rights in the corporation before the closing date and any applicable voting rights will transfer to buyer after the closing date. seller and buyer each warrant and agree that no fees are due to any third party as a result of this agreement, including brokerage fees, finder’s fees, commission, or any other payment related to the parties’ transaction. if any part or sub-part of this agreement is held invalid or unenforceable by a court of law or competent arbitrator, the remaining parts and sub-parts will be enforced to the maximum extent possible. in witness whereof, seller and buyer have caused this agreement to be executed on the following date: [insert date here].
a purchase agreement template is a type of template which helps a party to purchase a property or an object from another party. these kinds of templates helps one to easily buy something from another party as these templates saves an awful lot of time and provides all the legal details for a purchase. when you want to sell a property, this standard purchase agreement template will come in handy. download it in pdf and fill with the buyer easily even without requiring the help of a lawyer. the word format agreement template is simple but covers all aspects of the agreement. like any sales agreement, a business purchase agreement has the details of the seller and buyer, the business on sale and the terms of sale.
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