Sample communications 2025

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The Founder Stock Repurchase Agreement, dated June 1, 1998, outlines the terms under which MachOne Communications, Inc. will repurchase 77,000 shares of common stock from founder Michael Solomon at the original purchase price. The agreement includes provisions for the repurchase of unvested shares and establishes the rights and obligations of both parties regarding share ownership and transfer. It also addresses legal representations by the Founder and includes a consent clause for the Founder's spouse.

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Click ‘Get Form’ to open the Founder Stock Repurchase Agreement in the editor.
Begin by reviewing the Effective Date and ensure it reflects the correct date of June 1, 1998. This is crucial for legal validity.
In Section 1, input the number of shares being repurchased (77,000) and confirm the price per share ($0.001). Ensure that these figures match your agreement terms.
Proceed to Section 3 where you will need to verify and confirm the representations and warranties of the Founder. This includes ensuring valid title and requisite power.
For Section 4, carefully review the Unvested Share Repurchase Option details. Make sure to understand how vesting works and any conditions that may apply.
Finally, complete Exhibit A by having the spouse sign if applicable, acknowledging their consent regarding the repurchase agreement.

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