This share transfer agreement (the “agreement”) defines the conditions under which [TRANSFEROR NAME] (the “Transferor”), a company, which is duly registered in accordance with [STATE` law] with the registered number [REGISTERED NUMBER] and which has its address registered under [REGISTERED ADDRESS], that it transfers certain shares held by it to [TRANSFEREE NAME] (the “Transferee”), a company duly registered in accordance with the law of [STATE] with the registered number [REGISTERED NUMBER] and which has its address registered with [REGISTERED NUMBER] ADDRESS] (together), the “parties”). 1.3 The transfer takes effect with the execution of this share transfer contract and the payment of the amount covered in point 2. PandaTip: This is an agreement to transfer shares (or shares). This share transfer agreement can be used to transfer shares to private and public companies and can be used instead of a relocation form or in addition to one. This share transfer agreement can also be amended to include all special transfer-related conditions that would not be possible with a re-metization form and that would be suitable for the transfer of shares in more than one company and in several classes of shares. 5.6 The rights, benefits, commitments and responsibilities contained in the terms of this share transfer agreement may be transferred by any contracting party with the prior written agreement of the other party. The key to take away is that a seller retains ownership of a business with an asset purchase, but loses ownership with a share purchase. 5.15 This share transfer agreement binds the two parties because of the conduct of both parties and despite a defect or error in the formality of the execution of both parties. It is important to include details about the type of shares that are sold in your share purchase agreement, as the type of stock determines the buyer`s voting rights, dividend yields and the percentage of ownership of the business. 2. TRANSFERT PRICE It is agreed that the shares will be transferred at the price of [PRICE].
You should use a share purchase agreement every time you buy or sell shares (as an individual or organization) in a company.