This Stock Sale Agreement is a contract that memorializes the sale of corporate equity between a seller (not the corporation whose stock is being sold) and a buyer (who is either an individual or entity). This agreement sets forth: (i) the identities of the parties; (ii) purchase price for the shares; (iii) payment requirements (i.e. amount due at agreement execution and on the closing date); (iii) the closing date; and (iv) all documents which must be executed and delivered to purchaser at closing.

This agreement also sets forth additional information about the corporation including a list of its assets. These assets may include inventory and supplies, vehicles, equipment and leases, as well as intellectual property (i.e. copyrights and patents). Details of assets are set forth in detail on the exhibits which are incorporated and made a part of this agreement.

This Stock Sale Agreement includes the following:

• Parties: Names and address of the seller and purchaser who desires to purchase shares of capital stock of the seller;
• Corporation Assets: Sets forth the assets of the corporation, including inventory, equipment, vehicles and goodwill of the business;
• Purchase Price: Exact purchase price and how it will be paid;
• Representations of Seller and Purchaser: Sets forth in detail the covenants and warranties made by both parties including information regarding leases and taxes;
• Signatures: Both parties must sign this agreement.

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This attorney-prepared packet contains:

1. General Information
2. Instructions and Checklist
3. Stock Sale Agreement

State Law Compliance: This form complies with the laws of all states