STOCK PURCHASE AGREEMENT
1. DOCUMENT HEADER
STOCK PURCHASE AGREEMENT (this "Agreement") is made and entered into as of [EFFECTIVE DATE] (the "Effective Date"), by and among:
- [SELLER NAME], a [STATE] [corporation/limited liability company/individual] ("Seller");
- [BUYER NAME], a [STATE] [corporation/limited liability company/individual] ("Buyer"); and
- [COMPANY NAME], an Alaska corporation (the "Company").
8. DISPUTE RESOLUTION
8.1 Governing Law
This Agreement, and any dispute arising out of or relating to this Agreement, shall be governed by and construed in accordance with the laws of the State of Alaska, without giving effect to any choice or conflict of law rule.
8.2 Forum Selection
Each Party irrevocably submits to the exclusive jurisdiction of the state and federal courts located in Alaska for any action or proceeding arising out of or relating to this Agreement.
8.3 Optional Arbitration
[OPTIONAL] Any dispute not resolved by good-faith negotiation within thirty (30) days may be submitted to binding arbitration administered by [ARBITRATION ADMINISTRATOR] with the seat of arbitration in Anchorage, Alaska.
8.4 Jury Trial Waiver
EACH PARTY HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHTS TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT.
8.5 Injunctive Relief
Each Party shall be entitled to seek specific performance or injunctive relief, without the necessity of posting bond, to prevent or remedy breaches of this Agreement.
10. EXECUTION BLOCK
IN WITNESS WHEREOF, the Parties have executed this Stock Purchase Agreement as of the Effective Date.
SELLER:
__________________________________
[SELLER NAME]
By: __________________________________
Name: [AUTHORIZED SIGNATORY NAME]
Title: [TITLE]
BUYER:
__________________________________
[BUYER NAME]
By: __________________________________
Name: [AUTHORIZED SIGNATORY NAME]
Title: [TITLE]
COMPANY:
__________________________________
[COMPANY NAME]
By: __________________________________
Name: [AUTHORIZED SIGNATORY NAME]
Title: [TITLE]