Share sale agreements templates
Document Preview:. How to use this Document? This document should be carefully read by the Seller and the Buyer. How to Tailor the Document for Your Need? Keywords: share sale ,. Author: DocPro Legal DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Assets Acquisition Agreement Buyer. Assets Acquisition Agreement Neutral. Assets Acquisition Agreement Seller.
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Company Acquisition Agreement - with Earnout Buyer. On commencement of dissolution proceedings either by election of all Shareholders or otherwise , the Corporation will cease to carry on business except as necessary to wind up its business and distribute its assets. Distribution of assets. Article 8 — Transfer of Shares 8. Shares Acquired for Investment. Each of the Shareholders acknowledges and represents that he or she has obtained and accepted his or her shares in good faith, for investment and for his or her own account, and not with a view to distribution or resale.
Restrictions on Transfer. To accomplish the purposes of this Agreement, any transfer, sale, assignment, or encumbrance of any of the shares of the Corporation, other than according to the terms of this Shareholder Agreement is void.
Buy-Sell Upon Death of Shareholder. Buy-Sell for Other Reasons. Any and all sales hereunder with respect to the Departing Shareholder shall be made within sixty 60 days after written notice of intent to sell served on the Corporation and the remaining Shareholders.
Right of First Refusal. In the event of mandatory or voluntary buy-sell under this Section, the non-departing or surviving Shareholder shall have the right of first refusal to purchase all shares that would otherwise be repurchased by the Corporation at the purchase price set forth above. To exercise this right, the non-departing or surviving Shareholders provide written notice to the Corporation no later than ten 10 days prior to the effective date of sale.
Article 9 — Dispute Resolution 9. Any dispute relating to this Shareholder Agreement, or arising out of or relating to operations of the Corporation, or the rights or obligations of the Shareholders, shall be settled by: options. Article 10 — Miscellaneous Provisions Necessary Acts. All parties to this Shareholder Agreement will perform any acts, including executing any documents, that may be reasonably necessary to fully carry out the provisions and intent of this Agreement.
All notices, demands, requests, or other communications required or permitted by this Shareholder Agreement other than routine communication relative to business operations will be in writing sent to the following: corporation corporation address corporation city, corporation state, corporation zip [Shareholder1.
Name] shareholder 1 address shareholder 1 city, shareholder 1 state, shareholder 1 zip [Shareholder2. Name] shareholder 2 address shareholder 2 city, shareholder 2 state, shareholder 2 zip [Shareholder3.
Name] shareholder 3 address shareholder 3 city, shareholder 3 state, shareholder 3 zip [Shareholder4. Name] shareholder 4 address shareholder 4 city, shareholder 4 state, shareholder 4 zip Binding on Successors and Assigns.
This Agreement will be binding on the parties to the Agreement and on each of their heirs, executors, administrators, successors, and assigns.
If any provision is unenforceable or invalid for any reason, the remaining provisions shall be unaffected by such a holding. Governing Law. This Agreement shall be construed according to and governed by the laws of the State of California. You can modify it and reuse it. Back to top. Home Documents. Business Structure. Share Sale and Purchase Agreement.
Formats Word and PDF. Size 9 to 14 pages. Rating 4. How does it work? Choose this template Start by clicking on "Fill out the template". Complete the document Answer a few questions and your document is created automatically. Save - Print Your document is ready! Share Sale and Purchase Agreement A Share Sale and Purchase Agreement is an agreement for the sale and purchase of a stated number of shares at an agreed price. The parties : The parties to this agreement are the seller, the buyer, and the company whose shares are being sold.
Note that the seller or buyer can either be an individual, company, or any other organization because companies and organizations can own shares in a company. The shares : In this document, the form filler will be required to set out the type and the number of shares to be sold to the transferee s.
The consideration : This is the total price of all the shares sold under the agreement.
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