Connecticut Stock Purchase Agreement
A stock purchase agreement is an agreement wherein the owner of shares of stock (the Seller) agrees to sell the stock to a buyer (the Purchaser). Generally, this type of form is used for the stock of a small corporation. A stock purchase agreement can be beneficial for both parties because it clearly lays out the expectations of the transaction including: (i) the number and type of stock sold, (ii) the purchase price and (iii) when the transaction will take place. In addition, the Seller will make representations about his/her ownership of the shares of stock, thereby giving the Buyer additional comfort. This form can be used in Connecticut. This package contains: (1) Instructions and Checklist for the Stock Purchase Agreement; (2) Information about the Stock Purchase Agreement; and (3) The Stock Purchase Agreement.
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