stock purchase agreement definition

stock purchase agreement

Agreement between a closely-held or private firm and its shareholders for regulating the sale and transfer of firm's shares. It covers items such as who has the right of first refusal, and provides a mechanism for the purchase (redemption) of the shares of the shareholder who becomes bankrupt, is discharged, resigns, retires, becomes incapacitated, or dies

stock purchase agreement is in the Banking, Commerce & Finance, Entrepreneurship, Management, & Leadership and Investing subjects.

stock purchase agreement appears in the definition of the following term: shareholder agreement

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