Mergers and Acquisitions:
Model Stock Purchase Agreement Revisions Task Force
Mergers and Acquisitions: Model Stock Purchase Agreement Revisions Task Force
The Model Stock Purchase Agreement Revisions Task Force is revising the provisions and related Commentary and Ancillary Documents of the Committee's Model Stock Purchase Agreement, which was first published in 1995. The revisions will encompass changes in deal structure, practices and law that have developed since the Model Stock Purchase Agreement was published. The Ancillary Documents will be expanded to include appendices dealing with the acquisition of partnership and limited liability company interests, a protocol for closings by telephone or email, and the sale of a subsidiary. Since the Model Stock Purchase Agreement is a Buyer's first draft. The Task Force will also prepare a Seller's Response, which is intended to put the buyer-friendly provisions of the Model Stock Purchase Agreement in perspective and provide appropriate seller's responses to a variety of provisions.
Our extranet site is up and running. The site contains the current master draft of the Revised Model Stock Purchase Agreement with Commentary, as well as red-lines from other drafts and the most recent comments submitted by members. CLICK HERE to go to the site. The master draft is hosted on a non-ABA site. For username and password help, please e-mail firstname.lastname@example.org. NOTE: At this point in time, the site is accessible to members of the Editorial Committee only.
The revised Model Stock Purchase Agreement with Commentary is now in draft form and the Editorial Group is reviewing both text and commentary. To purchase our Committee's other major treatise on acquisition agreements, the Model Asset Purchase Agreement with Commentary, please click below. more...