SHAREHOLDERS' AGREEMENT This SHAREHOLDERS' AGREEMENT is entered into as of October 7, 1997 by and among INSIGNIA FINANCIAL GROUP, INC., a Delaware corporation (the "Company"), and Joseph T. Aveni, individually a resident of Gate Mills, Ohio ("J....Shareholders' Agreement • October 22nd, 1997 • Insignia Financial Group Inc • Land subdividers & developers (no cemeteries) • Delaware
1. DEFINITIONS 2 "1996 Balance Sheets" 2 "1996 Financial Statements" 2 "401(k) Plan" 2 "AAA" 2 "Accounts Payable" 2 "Accounts Receivable" 2 "Accredited Investor" 2 "Act" 2 "Adjustment Amount" 2 "Agreement" 2 "Allowance for Cancellations" 2 "Allowance...Stock Purchase Agreement • October 22nd, 1997 • Insignia Financial Group Inc • Land subdividers & developers (no cemeteries) • Ohio
