CONSIDERING that the seller holds [number] shares [TYPE] of shares that [percentage] of the outstanding shares in [COMPANY NAME], of a company [STATE] (the “company”); and the seller has the right and the power to conclude and execute the terms of this Agreement, including, but not limited to, the offer, sale and transfer of the shares to the purchaser, and has taken all necessary measures to do so effectively; AND EXPENSES. Each non-partisan party bears all expenses and expenses of its legal counsel, the accountant and any other rights. When creating a share purchase agreement, it is important to give details of the shares sold, for example. B the type of actions. Common, preferential, voting and non-voting terms are terms that can be used to describe shares. The amount of shares held by a shareholder determines their share of the ownership of the company and the payment of the dividend to which they are eligible if the company distributes dividends. A dividend payment is money paid to shareholders and is usually the result of a distribution of a company`s annual profit. Remember that most companies will have common shares, but not all will have preferred shares. PandaTip: For example, even if the sale is not completed, neither the buyer nor the seller owes a refund to the other for the fees paid in connection with the preparation of this transaction. A contract to buy and sell shares is an agreement for the sale and purchase of a given number of shares at an agreed price. The shareholder who sells his shares is the seller and the party that buys the shares is the buyer.

This agreement specifies the terms of sale and purchase of the shares. Use this model to acquire and sell a company`s shares. A share purchase agreement also contains payment details, z.B if a down payment is required when the full payment is due, and the closing date of the agreement. A share purchase agreement should be used whenever a person or company sells or buys shares in a company or another person or company. What distinguishes this document from a share purchase agreement is that a share purchase agreement is used in cases where a company sells its shares, while a shareholder of the company sells shares already issued to another party as part of a share sale and sale agreement. BUY AND SELL. Subject to the terms of this share purchase agreement, the seller agrees to sell to the buyer and the buyer agrees to acquire from the seller ,NUMBER] [TYPE] shares of the company (the “shares”). Companies that offer several types of shares sometimes also have a series (Class A, Class B, Class C, etc.) that may be worth different amounts of money.

For example, 100 Class A common shares may not be of the same value as 100 Class B shares.