Cross Stock Purchase AgreementCross Stock Purchase Agreement • January 31st, 2021
This Cross Stock Purchase Agreement is for use when a company stockholder agrees in advance to purchase the shares of a withdrawing stockholder. This agreement sets out the specific terms including the purchase price, how it will be paid and seller's representations regarding the stock. It also spells out the specific date of closing and any conditions which must be met prior to the closing date. This type of purchase agreement works best for companies which have a small number of stockholders.
