Share Sale Agreement
This Share Sale Agreement ("Agreement") is entered into on the October 31, 2090 by and between:
Seller: [YOUR COMPANY NAME], a corporation, with its principal place of business located at [YOUR COMPANY ADDRESS]; and
Buyer: LunaPak, a corporation, with its principal place of business located at Salem, OR 97301.
1. Purpose
This Agreement sets forth the terms and conditions under which the Seller agrees to sell, and the Buyer agrees to purchase 10 Class A Common Stock (the "Shares") in [YOUR COMPANY NAME], hereinafter referred to as the "Company".
2. Purchase Price and Payment
2.1. Purchase Price
The total purchase price for the Shares shall be $120,000 ("Purchase Price").
2.2. Payment
The Purchase Price shall be paid by the Buyer to the Seller in the following manner: lump sum, installments.
3. Closing
3.1. Closing Date
The closing of the purchase and sale of the Shares (the "Closing") shall take place on November 12, 2090 or at such other time and place as the parties may mutually agree upon in writing.
3.2. Deliveries by Seller
At the Closing, the Seller shall deliver to the Buyer: share certificates, transfer forms.
3.3. Deliveries by Buyer
At the Closing, the Buyer shall deliver to the Seller: payment proof, transaction receipt.
4. Representations and Warranties
4.1. Seller's Representations
The Seller represents and warrants to the Buyer that:
The Seller is the legal and beneficial owner of the Shares, free and clear of any liens, claims, encumbrances, or restrictions of any kind.
The Seller has full authority and legal capacity to enter into this Agreement and to consummate the transactions contemplated hereby.
The Shares are validly issued, fully paid, and non-assessable under the applicable laws of the Company's jurisdiction of incorporation.
There are no pending or threatened legal actions, suits, or proceedings that could adversely affect the Seller’s ability to perform under this Agreement.
This Agreement constitutes a valid and binding obligation of the Seller, enforceable in accordance with its terms.
4.2. Buyer's Representations
The Buyer represents and warrants to the Seller that:
The Buyer has the financial capacity and authority to purchase the Shares as set forth in this Agreement.
The Buyer has performed all necessary due diligence regarding the Shares and the Company and is satisfied with the findings.
The Buyer is acquiring the Shares for its own account and not for resale, in compliance with applicable securities laws.
This Agreement constitutes a valid and binding obligation of the Buyer, enforceable in accordance with its terms.
The execution and performance of this Agreement by the Buyer do not and will not violate any applicable laws, regulations, or contractual obligations.
5. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [State/Country].
6. Miscellaneous
6.1. Entire Agreement
This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations, both written and oral, between the parties with respect to such subject matter.
6.2. Amendments and Waivers
No amendment or waiver of any provision of this Agreement shall be valid unless in writing and signed by both parties.
Signatures
In Witness Whereof, the parties hereto have executed this Share Sale Agreement as of the date first above written.
[YOUR NAME]
Seller
LunaPak
Buyer
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