Share Repurchase Agreement In Us

A company or company buys back its shares from the market because the company`s management believes that the shares currently on the market are undervalued. By buying back a portion of the shares, the company can increase the value of the remaining shares. (a) the seller is the sole rightful owner of the shares and, after the conclusion of the transactions provided for in this Agreement, the buyer acquires from the seller good negotiable ownership of those shares, free and free from any right of pledge, fees, charges, debts, restrictions, rights, rights, rights, call options, full payers, voting rights, voting trusts and other voting rights agreements, calls and obligations of any kind (however, where applicable, subject to the shareholders` agreement). 1.1 By the performance of this Agreement and by the power and instrument of irrevocable shares annexed to it as Annex A, the Seller thus sells to the Buyer the shares which are free from pre-emption rights or similar rights of third parties and are free and free from mortgages, pledges, rights of pledge, fees, warranty rights or other rights of third parties (excluding third party rights under the rights of third parties existing in the Agreement (the « Shareholders` Agreement »), if any, at a price per share of $US 14.50, for a total gross amount of US$ (the « Gross Underperformance »). The entity will subtract from gross underperformance a total amount of U.S. dollars (« exercise fee ») that the seller owes to the business for the exercise of options made by and between the business and the seller under a specified option allocation agreement; In other words, consideration is the gross consideration less the exercise fee, a total amount of US$ (the « Consideration »). .