Stock Sale And Purchase Agreement Template Page 2
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1
2(b)
The Buyer is financially capable of bearing the risk of loss of the
entire investment represented by the Shares and is able to bear the economic risk of investment in
the Shares for an indefinite period of time.
5.
Miscellaneous.
(a)
This Agreement contains all of the promises, agreements, conditions,
terms, understandings, warranties and representations of the Parties with respect to the
transactions and business relationships contemplated thereby and herein, and there are no other
promises, agreements, conditions, understandings, warranties or representations, oral or written,
express or implied, among them other than as set forth in this Agreement. This Agreement
supersedes all prior agreements and understandings among the Parties with respect to its subject
matter.
(b)
This Agreement and all amendments, modifications, authorizations
or supplements to this Agreement and the rights, duties, obligations and liabilities of the Parties
under such document will be determined in accordance with the applicable provisions of the laws
of the State of South Carolina, without reference to its doctrines or principles of conflicts of laws.
(c)
This Agreement will be binding upon and inure to the benefit of the
Parties, their personal and legal representatives, guardians, successors and assigns.
(d)
Neither Party may assign this Agreement or any of the rights,
interests, or obligations hereunder without the prior written approval of the other Party.
(e)
This Agreement may be executed in any number of counterparts and
by the parties hereto in separate counterparts, each of which when so executed and delivered shall
be deemed an original and all of which counterparts when taken together shall constitute but one
and the same instrument.
IN WITNESS WHEREOF, the Parties have executed and delivered this Agreement as
of the dates set forth below.
“BUYER”
Date
Print Name:
“SELLER”
Date
Print Name:
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