Common Stock Purchase Agreement普通股購買合同

-17-CommonStockPurchaseAgreement普通股購買合同核心提示：ThisCOMMONSTOCKPURCHASEAGREEMENT(thisAgreement)ismadeasof_________,_________,_________(M,D,Y)betweenAAA,Inc.,a_________(Placename)corporation(theCompany),BBB,a_________(Placename)corporation(thePurchaser).RECITALSWHEREAS,ThisCOMMONSTOCKPURCHASEAGREEMENT(thisAgreement)ismadeasof_________,_________,_________(M,D,Y)betweenAAA,Inc.,a_________(Placename)corporation(theCompany),BBB,a_________(Placename)corporation(thePurchaser).RECITALSWHEREAS,theCompanydesirestoselltothePurchaser,andthePurchaserdesiretopurchasefromtheCompany,sharesoftheCompany’sCommonStock,$,_________parvaluepershare(theCommonStock),onthetermsandconditionssetforthinthisAgreement;andWHEREAS,concurrentlywiththisAgreementtheCompanyisissuingtothePurchaserawarranttoacquiretheircommonstockintheformattachedheretoonExhibitC,respectively(theWarrant);NOW,THEREFORE,inconsiderationoftheforegoingrecitals,themutualpromiseshereinaftersetforth,andothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartiesheretoagreeasfollows:SECTION1AgreementtoPurchaseandSellCommonStockandtheWarrant1.1AgreementtoPurchaseandSellCommonStock.UponthetermsandsubjecttotheconditionsofthisAgreement,theCompanyherebyagreestoselltothePurchaserattheClosing(asdefinedbelow),andthePurchaseragreetopurchasefromtheCompanyattheClosing,anaggregateof_________sharesconsistingofthenumberofsharesofCommonStock,(theShares)shownoppositeeachsuchPurchaser’snameontheScheduleofPurchaserheretoatapriceof$,_________pershare(thePerSharePurchasePrice)foranaggregatepurchasepriceof$,_________.1.2AgreementtoGranttheWarrant.UponthetermsandconditionsofthisAgreement,theCompanyagreestogranttothePurchaserforadditionalconsiderationof$,_________perShareandthePurchaseragreestoacceptaWarrantforthepurchaseofthenumberofsharesofCommonStock,asshownoppositethePurchaser’snameontheScheduleofPurchaserhereto,oranaggregateof_________sharesexercisableatthePerSharePurchasePricefortheaggregateadditionalconsiderationof$,_________.(theWarrantShares).SECTION2ClosingDate;Delivery2.1ClosingDate.TheClosingofthepurchaseandsaleoftheShareshereunder(theClosing)shallbeheldattheofficesoftheCompanyat_________(Time),assoonaspracticablebutinnoevent(i)morethanthree(3)businessdaysaftersatisfactionofalltheconditionsotherthanthosethataretobesatisfiedasoftheClosingor(ii)soonerthan_________,_________,_________(M,D,Y),oratsuchothertimeandplaceastheCompanyandthePurchasermutuallyagree(thedateoftheClosingbeinghereinafterreferredtoastheClosingDate).2.2Delivery.AttheClosing,theCompanywilldelivertothePurchasecertificateorcertificatesrepresentingtheSharesandadulyexecutdedWarrantaspurchasedbyeachsuchPurchaseragainstpaymentoftheaggregatepurchasepriceasprovidedinSection1.1bywiretransferofimmediatelyavailablefundstoanaccountdesignatedbytheCompany.EachcertificateorcertificatesrepresentingtheSharesshallbesubjecttothefollowinglegendrestrictingtransferundertheSecuritiesActof1933,asamended(theSecuritiesAct):THESHARESREPRESENTEDBYTHISCERTIFICATEHAVENOTBEENREGISTEREDUNDERTHESECURITIESACTOF1933,ASAMENDED(THESECURITIESACT),ORANYSTATESECURITIESLAW.NOTRANSFEROFTHESHARESREPRESENTEDBYTHISCERTIFICATESHALLBEVALIDOREFFECTIVEUNLESS(A)SUCHTRANSFERISMADEPURSUANTTOANEFFECTIVEREGISTRATIONSTATEMENTUNDERTHESECURITIESACTANDINCOMPLIANCEWITHANYAPPLICABLESTATESECURITIESLAWS,OR(B)THEHOLDERSHALLDELIVERTOTHECOMPANYANOPINIONOFCOUNSELINFORMANDSUBSTANCEREASONABLYACCEPTABLETOTHECOMPANYTHATSUCHPROPOSEDTRANSFERISEXEMPTFROMTHEREGISTRATIONREQUIREMENTSOFTHESECURITIESACTANDOFANYAPPLICABLESTATESECURITIESLAWS.TheCompanyagreestoremovethelegendsetforthintheprecedingparagraphuponreceiptofanopinionofcounselinformandsubstancereasonablysatisfactorytotheCompanythattheSharesorthesharesofCommonStockissuableuponconversionoftheSharesareeligiblefortransferwithoutregistrationundertheSecuritiesActorifsoldunderRule144suchevidenceofcomplianceasiscustomarilyrequired.SECTION3RepresentationsandWarrantiesoftheCompanyExceptasdisclosedinadocumentreferringspecificallytotherepresentationsandwarrantiesinthisAgreementwhichidentifiesbysectionnumberthesectionandsubsectiontowhichsuchdisclosurerelatesandisdeliveredbyCompanytothePurchaserpriortotheexecutionofthisAgreement(whichisattachedasExhibitAhereto),theCompanyherebyrepresentsandwarrantstothePurchaserasfollows:3.1Organization.TheCompanyisacorporationdulyorganizedandvalidlyexistingunderthelawsoftheStateof_________(Placename).TheCompanyhastherequisitecorporatepowertoownandoperateitspropertiesandassets,andtocarryonitsbusinessaspresentlyconductedandasproposedtobeconducted.TheCompanyisqualifiedtodobusinessasaforeigncorporationineachjurisdictioninwhichtheownershipofitspropertyorthenatureofitsbusinessrequiressuchqualification,exceptwherethefailuretobesoqualifiedwouldnothaveamateriallyadverseeffectontheCompanyanditssubsidiaries,takenasawhole.3.2Authorization.AllcorporateactiononthepartoftheCompanynecessaryfortheauthorization,execution,deliveryandperformanceofthisAgreement,theWarrantsandthe[RegistrationRightsAgreement(attachedasExhibitBhereto)]bytheCompanyandtheauthorization,sale,issuanceanddeliveryoftheShares,theWarrantsandtheWarrantShareshereunderhasbeentaken.ThisAgreement,theWarrantandtheRegistrationRightsAgreementconstitutelegal,validandbindingobligationsoftheCompanyenforceableinaccordancewiththeirrespectiveterms,subjecttolawsofgeneralapplicationrelatingtobankruptcy,insolvencyandthereliefofdebtorsandrulesoflawgoverningspecificperformance,injunctiverelieforotherequitableremedies,andtolimitationsofpublicpolicyastheymayapplytoSection6oftheRegistrationRightsAgreement.UpontheirissuanceanddeliverypursuanttothisAgreementandtheWarrant,theSharesandtheWarrantShareswillbevalidlyissued,fullypaidandnonassessableandfreeofanypreemptiverightsorotherencumbrances.TheissuanceandsaleoftheShares,theWarrantsandtheWarrantShareswillnotgiverisetoanypreemptiverightsorrightsoffirstrefusalonbehalfofanypersoninexistenceonthedatehereof.3.3NoConflict.TheexecutionanddeliveryofthisAgreement,theWarrantandtheRegistrationRightsAgreementdonot,andtheconsummationofthetransactionscontemplatedherebyandtherebywillnot,conflictwith,orresultinanyviolationof,ordefault(withorwithoutnoticeorlapseoftime,orboth),orgiverisetoarightoftermination,cancellationoraccelerationofanyobligationortoalossofamaterialbenefitunder,anyprovisionoftheArticlesofIncorporationorBylawsoftheCompanyoranymortgage,indenture,leaseorotheragreementorinstrument,permit,concession,franchise,license,judgment,order,decree,statute,law,ordinance,ruleorregulationapplicabletotheCompany,itspropertiesorassets,theeffectofwhichwouldhaveamaterialadverseeffectontheCompanyanditssubsidiaries,takenasawhole,ormateriallyimpairorrestricttheCompany’spowertoperformitsobligationsascontemplatedundersaidagreements.3.4SECDocuments.TheCompanyhasfiledallrequiredreports,schedules,forms,statementsandotherdocumentsrequiredtobefiledbytheCompanywiththeSecuritiesandExchangeCommission(theSEC)onandafter_________,_________,_________(M,D,Y)(includingtheregistrationstatementfiledinconnectionwiththeCompany’sinitialpublicoffering,theSECDocuments).Asoftheirrespectivedates,theSECDocumentscompliedinallmaterialrespectswithrequirementsoftheSecuritiesActortheSecuritiesExchangeActof1934,asamended(theExchangeAct),asthecasemaybeandtherulesandregulationsoftheSECpromulgatedthereunderapplicabletosuchSECDocuments,andnoneoftheSECDocuments,excepttotheextentthatinformationcontainedinanySECDocumenthasbeenrevisedorsupersededbyalaterFiledSECDocument(asdefinedbelow),containedanyuntruestatementofamaterialfactoromittedtostateamaterialfactrequiredtobestatedthereinornecessaryinordertomakethestatementstherein,inlightofthecircumstancesunderwhichtheyweremade,notmisleading.ThefinancialstatementsoftheCompanyincludedintheCompany’sprospectusdated_________,_________,_________(M,D,Y)andtheforms10-Qfiled_________,_________,_________(M,D,Y)and_________,_________,_________(M,D,Y)complyinallmaterialrespectswithapplicableaccountingrequirementsandthepublishedrulesandregulationsoftheSECwithrespectthereto,havebeenpreparedinaccordancewithU.S.generallyacceptedaccountingprinciples(GAAP)appliedonaconsistentbasisduringtheperiodsinvolved(exceptasmaybeindicatedinthenotestheretoorasdescribedinwritingtothePurchaserpriortothedatehereof)andfairlypresenttheconsolidatedfinancialpositionoftheCompanyanditsconsolidatedsubsidiariesasofthedatesthereofandtheconsolidatedresultsoftheiroperationandcashflowsfortheperiodsthenendinginaccordancewithGAAP(subject,inthecaseoftheunauditedstatements,tonormalyearendauditadjustments).ExceptassetforthintheFiledSECDocuments(asdefinedbelow),neithertheCompanynoranyofitssubsidiarieshasanymaterialliabilitiesorobligationsofanynature(whetheraccrued,absolute,contingentorotherwise)requiredbyGAAPtobesetforthonaconsolidatedbalancesheetoftheCompanyanditsconsolidatedsubsidiariesorinthenotestheretothatwasnotsodisclosedotherthananyliabilitiesorobligationswhichcouldnotreasonablybeexpectedtohaveamaterialadverseeffectontheCompanyanditssubsidiariestakenasawhole.3.5AbsenceofCertainChangesorEvents.ExceptasdisclosedintheSECDocumentsfiledandpubliclyavailable(eitherontheEDGARsystemorbydeliverytothePurchaser)priortothedateofthisAgreement(theFiledSECDocuments),sincethedateofthemostrecentauditedfinancialstatementsincludedintheFiledSECDocuments,therehasnotbeen(i)anydeclaration,settingasideorpaymentofanydividendordistribution(whetherincash,stockorproperty)withrespecttoanyoftheCompany’scapitalstock,(ii)anysplit,combinationorreclassificationofanyofitscapitalstockoranyissuanceortheauthorizationofanyissuanceofanyothersecuritiesinrespectof,inlieuoforinsubstitutionforsharesofitscapitalstock,(iii)anydamage,destructionorlossofproperty,whetherornotcoveredbyinsurance,thathasorislikelytohaveamaterialadverseeffectontheCompanyanditssubsidiariestakenasawhole,(iv)anychangeinaccountingmethods,principlesorpracticesbytheCompanymateriallyaffectingitsassets,liabilities,orbusiness,exceptinsofarasmayhavebeenrequiredbyachangeinGAAP,(v)anymaterialadverseeffectontheCompanyanditssubsidiariestakenasawhole,(vi)anyamendment,waiverorcompromiseofamaterialrightoftheCompanyorobligationowedtotheCompanyunderanyoftheMaterialContracts(asdefinedbelow),(vii)anywrittennoticefromtheSECinconnectionwithanyinvestigationoractionbytheSECwhichinvestigationoractionseeksto,orcouldreasonablybeexpectedtoresultin,therestatementbytheCompanyofanyofitscurrentorpreviouslydisclosedfinancialstatements,andtotheactualknowledgeofanyoftheexecutiveofficersoftheCompany(Knowledge),nosuchinvestigationoractionhasbeenthreatenedby,orisbeingconsideredby,theSECandnofactsorcircumstancesexistthatcouldreasonablybeexpectedtoresultinanysuchinvestigation,actionorrestatementoffinancialstatements,or(viii)anydiscussionexceptasotherwisedisclosedwithanyrepresentativeofanyentityregardingtheconsolidationormergeroftheCompanywithorintoanysuchentity,regardingthesale,conveyanceordispositionofallorsubstantiallyalloftheassetsoftheCompanytosuchentity,regardinganytransactionsinwhichmorethan50%ofthevotingpoweroftheCompanyisdisposedof,orregardinganyotherformofacquisition,liquidation,dissolutionorwindingupoftheCompany.3.6GovernmentalConsent,etcInrelianceontherepresentationsofthePurchasercontainedherein,noconsent,approvalorauthorizationof,ordesignation,declarationorfilingwith,anygovernmentalauthorityonthepartoftheCompanyisrequiredinconnectionwiththevalidexecutionanddeliveryofthisAgreement,ortheoffer,saleorissuanceoftheShares,theWarrantsortheWarrantShares,ortheconsummationofanyothertransactioncontemplatedherebyorthereby,exceptsuchfilingsasmayberequiredtobemadewiththeSECandtheNationalAssociationofSecuritiesDealers,Inc.3.7PrivatePlacement.SubjectinparttothetruthandaccuracyofthePurchaser’representationssetforthinthisAgreement,theoffer,saleandissuanceoftheSharesandtheWarrantsascontemplatedbythisAgreementisexempt,andtheexerciseoftheWarrantsandissuanceoftheWarrantShareswillbeexempt,fromtheregistrationrequirementsoftheSecuritiesAct.3.8Litigation.ExceptasisdisclosedintheFiledSECDocuments,thereisnosuit,actionorproceedingpendingagainsttheCompanyoranyofitssubsidiariesthat,individuallyorintheaggregate,would(i)haveamaterialadverseeffectontheCompanyanditssubsidiariestakenasawhole,(ii)impairtheabilityoftheCompanytoperformitsobligationsunderthisAgreementandtheRegistrationRightsAgreement,or(iii)preventtheconsummationofanyofthetransactionscontemplatedbysaidagreements.3.9CompliancewithOtherInstruments.TheCompanyisnotinviolationordefaultofanyprovisionofitsCertificateofIncorporationorBy-laws,eachasamendedandineffectasoftheClosing.TheCompanyitisnotinmaterialviolationordefault,andtotheCompany’sKnowledgenootherpartytheretoisinviolationordefault,(withorwithoutnoticeorpassageoftime,orboth)ofanyprovisionofanyinstrume