Share Repurchase Agreement Philippines

(C) breastfeeding or relapse or refusal. If the options to acquire all of the shares of the divested shareholder are not exercised by either the company or the other shareholders, the ceding shareholder may transfer his shares in accordance with the terms described in the notice of contract, but that transfer must be transferred to the initial acquisition upon purchase. , the recipient or executor of each contracting party. All direct costs of the arbitration process, including arbitrators` fees and fees and translation fees, are borne equally by the parties; other costs, including the fees of lawyers and witnesses, are borne by the party who bears the burden. Arbitrators are not entitled to waive, amend, amend, revoke or suspend the provisions of this agreement. An arbitral award of arbitrators is final and binding for the parties and is not the subject of any other appeal, and a decision upholding the award or judgment after the arbitration award may be referred or enforced by any competent court. A. The Corporation`s issued and outstanding share capital currently consists of one thousand of thirty-three (1231) common shares (shares). Shareholders currently hold all issued and outstanding shares. adjusted for the value of the bonus in the event of a share dividend, share fractions or reverse share fractions, recapitalization, merger, consolidation, reorganization, cash or real estate dividends, share exchange, share repurchase or other change in the company structure that, in this case, has a significant impact on the stock.

1.4 Purchase price and conclusion. In the case of the acquisition of shares under paragraph 1.3 or the choice of the company or the buying shareholders referred to in paragraph 1.2, the purchase price payable for each share is the net book value from the end of the month prior to the month. Net book value is determined from the regular annual accounts of companies established pursuant to Section 1.5, deducting the total amounts of their liabilities from the total net book value of its assets and differentiating the resulting difference in the number of shares issued and outstanding at the time of the valuation. However, appropriate adjustments are made to dividends and other distributions to shareholders after the valuation date. This agreement replaces all prior discussions and arrangements between the parties regarding the purpose of this agreement. The purchase price of all shares acquired under this agreement must be paid in cash or by cheque to the selling shareholder. 1.1 Invalid transfers. The Company does not transfer shares that are sold or sold, except under the terms of this agreement.

CategoriesUncategorized