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welcome to county office your ultimate guide to local government services and public records lets get started what is a stock purchase agreement imagine youre ready to take a big leap in the business World youve decided to buy some shares in a company how do you make it official enter the stock purchase agreement Spa This legal document outlines the terms of buying shares from a company or individual its like a treasure map detailing where the goal is and how to get it but instead of gold its stocks and instead of a map its a contract the spa includes the number of shares youre buying and the price per share its the written handshake that seals the deal between buyer and seller think of it as the rulebook for the transaction ensuring everyone plays fair this agreement also lists any representations and warranties its like a promise that the seller isnt hiding any skeletons in the corporate closet and if there are any issues the spa has your back with indemnification Provision