Stock Repurchase Agreement

This Agreement shall be entered into on (date) by

​[Corporation.Company]​

​[Corporation.StreetAddress]​

​[Corporation.City][Corporation.State]​

​[Corporation.PostalCode]​

Hereby known as the 'Corporation', and​

​[Stockholder.FirstName][Stockholder.LastName]​

​[Stockholder.StreetAddress]​

​[Stockholder.City]​[Stockholder.State]​

​[Stockholder.PostalCode]

Hereby known as the 'Stockholder'.

The Stockholder currently owns (number of shares) of Common Stock ("Shares") of which they wish to sell. The Corporation wishes to repurchase these Shares upon the price and terms outlined in this Agreement.

1. REPURCHASING PRICE AND PAYMENT

The Corporation agrees to repurchase (number of shares) of Shares from the Stockholder for the price of $(amount) per share.

The total price of the repurchase will equate to (total amount to be paid).

The Stockholder agrees to sell and transfer the shares to the Corporation subject to the conditions of this Agreement.

Upon receipt of payment, the Stockholder, in conjunction with his attorney, will cancel or transfer all rights, title, and interest in the Shares to the Corporation.

Upon completion of the transfer, the Corporation will issue the Stockholder a new certificate for the balance of the non purchased shares.

Payment will be completed in cash, check, wire transfer, or other method agreed upon by both parties.

2. REPRESENTATIONS AND WARRANTIES

2.1 The Stockholder agrees they are the full owner of the shares mentioned in this Agreement and can provide a record of all rights, titles, and interests of the shares. Upon receipt of the transfer, these records, rights, titles, and interests will be owned by the Corporation.

All shares relating to this transfer shall be clear of all claims, liabilities, encumbrances, or equities.

2.2 The Stockholder has the necessary powers to deliver the terms of this Agreement and consummate the transactions for the stock repurchase.

2.3 The terms within this Agreement are legally binding, and therefore enforceable.

2.4 The Stockholder has the knowledge and experience in finance and business to evaluate the risks and merits of the share transfer to the Corporation at the agreed purchase price.

2.5 The Corporation has the power to complete the purchase and deliver the terms outlined in this agreement for the transfer of shares.

3. NOTICES

All notices and communications between the Corporation and the Stockholder should be provided in writing and delivered either in person or by tracked mail to the addresses listed above. Receipt of delivery should be provided by the receiving party.

4. ENTIRE AGREEMENT

This document outlines the entire agreement between both Parties. There are no additional conditions or promises included. Any notices or communication prior to this Agreement, written or oral, will be invalid upon the signing of this Agreement.

5. AMENDMENTS

Any amendments to this Agreement must be agreed upon in writing and signed by both Parties through the methods outlined in Section 3.

6. SEVERABILITY

Should any aspect of this Agreement be deemed invalid or unenforceable, the remainder of the Agreement will remain valid.

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