Share Transfer Agreement Doc

Typically, people employ a professional expert when they buy or sell shares of companies that are not traded in public. 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. 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”). 5.7 Any delay or non-application of the terms of this share transfer agreement and any delay in the event of a violation of its clause by a party does not constitute a waiver of those rights. 5.10 Unless the text of a clause and the entire share transfer contract indicate that a specific clause must mean something other than: all words that are only in the singular are considered plural (and vice versa) and all words indicated in a given sex are considered to be all sexes and all terms that refer to any form of person or person , are considered to be both legal entities (for example. B companies) and individuals (and vice versa). It can be avoided by the provision of a “refusal clause” in the agreement itself. This “refusal clause” means that existing shareholders have the right to acquire the shares before they are sold to outsiders who can protect their interests. 5.16 The assignor presents himself irrevocably and undertakes to compensate and compensate the purchaser for any loss resulting from a breach of the guarantees or other conditions of this share transfer agreement.

5.5 Each contracting party heressover states that it is not aware of any issues under its control that could have a negative or adverse effect on the performance of its obligations under this share transfer agreement.