Stock Redemption Agreement definition

Stock Redemption Agreement means that certain Stock Redemption Agreement dated as of December 23, 2003 between the Company and Worthington.
Stock Redemption Agreement means the Stock Redemption Agreement dated November 16, 2001 among Borrower, WHX Entertainment and Sportsystems Corporation, as in effect on the Effective Date.
Stock Redemption Agreement means that agreement, dated of even date herewith, between Rineon and the Rineon Principal Stockholder, annexed hereto as Exhibit D and made a part hereof, pursuant to which, inter alia, on or before the Closing Date the Rineon Principal Stockholder shall transfer back to Rineon for cancellation all of the shares of Rineon Common Stock owned of record and beneficially by the Rineon Principal Stockholder, in exchange for the consideration set forth in such Stock Redemption Agreement.

Examples of Stock Redemption Agreement in a sentence

  • In connection with the Stock Redemption Agreement (Note 3), the Company issued a note payable to a stockholder for $958,369 that requires thirty-four (34) equal quarterly payments of $36,000, including interest at 6% per annum, through September 1, 2016.

  • In connection with the Stock Redemption Agreement, the Company issued a note payable to a stockholder for $958,369 that requires thirty-four (34) equal quarterly payments of $36,000, including interest at 6% per annum, through September 1, 2016.

  • The Redemption Price shall be immediately sent by the Corporation to the Redeeming Shareholder upon receipt of this Stock Redemption Agreement, executed by the Redeeming Shareholder, and the endorsed Stock Certificates.

  • Effective November 30, 2007, the Companies entered jointly into a Stock Redemption Agreement with a stockholder whereby the Companies redeemed certain shares owned by the stockholder for a cash payment of $66,738 and the issuance of a $975,000 subordinated note payable (Note 4).

  • Shares of stock of the corporation may be transferred only pursuant to the restrictions and requirements as set forth in the Articles of Incorporation and Stock Redemption Agreement, if any.


More Definitions of Stock Redemption Agreement

Stock Redemption Agreement means the agreement dated as of October 30, 2012, reflecting the Stock Redemption, which shall be substantially in the form attached hereto as Exhibit D-2.
Stock Redemption Agreement means the agreement attached hereto as Exhibit G.
Stock Redemption Agreement means that certain Stock Redemption Agreement dated on or about February 13, 1991 by and between Damon, Myers, Williams, Deboxxx Xxxxxxx xxx the Company, as amended.
Stock Redemption Agreement shall have the meaning given to such term in the Fifth Amendment.
Stock Redemption Agreement has the meaning set forth in the recitals to this Agreement.
Stock Redemption Agreement has the meaning set forth in Section 7.17(a).
Stock Redemption Agreement means, collectively, the three Stock Redemption Agreements, each dated as of May 21, 1996, each between a Seller and the Borrower, providing for the redemption of certain of the outstanding Stock of the Borrower.