(Each of the parties separately called a "Party" and collectively the "Parties".)
On this day the Parties has entered into the following agreement (the "Agreement") for the transfer of shares in the company:
NAME
REGISTRATION NUMBER
ADDRESS
(hereinafter The "Company)"
- As Seller owns shares in the Company and wants to transfer these to the Buyer, and
- As the Buyer wishes to acquire the Shares from Seller
the Seller and Buyer have agreed as follows:
1.1 Seller shall deliver shares in the Company of the nominal value of AMOUNT (the "Shares") to the Buyer.
1.2 All rights to the Shares, including voting rights and dividend rights shall pass to the Buyer from the Acceptance Date.
1.3 The transfer shall be registered in the Company's register of shareholders and any other necessary fillings and registration shall be done by Buyer and Seller. Both Buyer and Seller shall without delay assist another in formalizing the above.
2.1 "Acceptance Date" is agreed to be the DATE.
3.1 The purchase price for the Shares is agreed to PRICE (the "Purchase Price").
3.2 The Purchase Price shall be transferred to the Seller's bank account in FILL IN BANK, Reg.no.: REG. NO., Account no.: ACCOUNT NO.
3.3 The Purchase Price shall be transferred no later than X days after the Parties have signed the Agreement.
4.1 Seller hereby guarantees that:
• Seller owns the Shares and has full title to the Shares
• there are no third-party rights to the Shares of any kind, including pledges or other collateral
• to Seller’s knowledge, there are no substantial hindrances that will preclude or burden the transfer of the Shares to the Buyer
• FURTHER GUARANTEES
5.1 The transfer of the Shares is subject to the payment of the Purchase Price - like the payment of the Purchase Price is subject to a valid transfer of the Shares. In this context, there is considered to be simultaneity between the transfer of the Shares and the payment of the Purchase Price.
5.2 In case of delay or non-payment of the Purchase Price, the Seller is entitled to either i) maintain the transfer and require the Purchase Price paid within NUMBER days, or ii) to terminate the Agreement, after which the Seller may validly keep the Shares. Seller will be entitled to claim damages under the laws of INSERT LAW.
6.1 Each Party will bear its own costs that may be associated with the transfer of the Shares and this Agreement.
7.1 The Agreement is subject to the laws of INSERT LAW.
7.2 Any dispute arising out of the Agreement shall be settled by SET COURT.
Tame your chaos with a central place to store and manage contracts, so you can analyze, decide and act quicker.
Create & signDitch Google Docs or static PDFs and let your contract data work for you. Stay on top of renewals, deadlines, and obligations with automatic reminders, tasks, and more — all based on contract data.
And that's just the beginning...
Create contracts in seconds. Generate drafts from your connected tools, a form submission, or templates.
There's powerful data in your contract. But a PDF doesn't allow you to access or act on those insights... at least not in a structured, time-saving way.
With Contractbook, you'll unlock that data, giving you an overview of your obligations, deadlines, and tasks. Plus, you can store all of your contracts in one centralized hub.
This contract outlines the terms for the sale of shares in a company from a Seller to a Buyer. It specifies the number of shares being sold, the purchase price, payment details, key dates, warranties provided by the Seller, conditions around the share transfer and payment, provisions for delays or non-payment, cost responsibilities, and the governing law and jurisdiction.
Manually processing standardized legal contracts is tedious, error-prone, and (let’s be honest) boring. Let our scanner do the hard work for you.
Ditch Google Docs or static PDFs and let your contract data work for you. Stay on top of renewals, deadlines, and obligations with automatic reminders, tasks, and more — all based on contract data.
And that's just the beginning...