{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "terms-and", "type": "clause", "offset": [7, 16]}, {"key": "the-conditions", "type": "clause", "offset": [28, 42]}, {"key": "in-this-agreement", "type": "definition", "offset": [53, 70]}, {"key": "at-the-closing", "type": "clause", "offset": [72, 86]}, {"key": "the-company-shall", "type": "clause", "offset": [107, 124]}, {"key": "the-investor", "type": "clause", "offset": [135, 147]}, {"key": "common-stock", "type": "definition", "offset": [191, 203]}, {"key": "par-value", "type": "definition", "offset": [205, 214]}, {"key": "of-the-company", "type": "clause", "offset": [233, 247]}, {"key": "purchase-price", "type": "definition", "offset": [275, 289]}, {"key": "per-share-price", "type": "definition", "offset": [312, 327]}], "snippet": "On the terms and subject to the conditions set forth in this Agreement, at the Closing (as defined below), the Company shall sell, and the Investor shall purchase, ________ (the \"Shares\") of Common Stock, par value $0.001 per share, of the Company (the \"Common Stock\"), at a purchase price of $. per share (the \"Per Share Price\").", "samples": [{"hash": "8j9onVz93U2", "uri": "/contracts/8j9onVz93U2#share-purchase", "label": "Securities Purchase Agreement (Protocall Technologies Inc)", "score": 18.0, "published": true}], "size": 6, "hash": "d5fa8c9419ff0d91dc47e6c44ac2c4a6", "id": 4}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "at-the-closing", "type": "clause", "offset": [55, 69]}, {"key": "section-21", "type": "clause", "offset": [85, 96]}, {"key": "pursuant-to-section-2", "type": "clause", "offset": [115, 136]}, {"key": "the-seller-shall", "type": "clause", "offset": [144, 160]}, {"key": "deliver-to-buyer", "type": "clause", "offset": [196, 212]}, {"key": "buyer-shall", "type": "clause", "offset": [218, 229]}, {"key": "title-to-the-shares", "type": "clause", "offset": [288, 307]}, {"key": "free-and-clear", "type": "clause", "offset": [309, 323]}, {"key": "obligations-to-other-persons", "type": "clause", "offset": [384, 412]}, {"key": "restricted-securities", "type": "clause", "offset": [474, 495]}, {"key": "securities-act-of-1933", "type": "definition", "offset": [515, 537]}, {"key": "as-amended", "type": "definition", "offset": [539, 549]}, {"key": "purchase-price-for-the-shares", "type": "clause", "offset": [578, 607]}, {"key": "to-the-seller", "type": "definition", "offset": [635, 648]}], "snippet": "Subject to the terms and conditions of this Agreement, at the Closing (as defined in Section 2.1 below) to be held pursuant to Section 2 below, the Seller shall sell, assign, transfer, convey and deliver to Buyer, and Buyer shall purchase and acquire from the Seller, good and marketable title to the Shares, free and clear of all mortgages, liens, encumbrances, claims, equities and obligations to other persons of every kind and character, except that the Shares will be \u201crestricted securities\u201d as defined in the Securities Act of 1933, as amended (the \u201cSecurities Act\u201d). 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purchase; and\n(iii) if an Option Notice is provided by Company, the right to participate in the proposed sale of Subsidiary Shares on the same terms and conditions, and for the same consideration per Subsidiary Share, as Company, by giving written notice to Company within 10 days after delivery of the Option Notice; PROVIDED that \u2587\u2587\u2587\u2587 must, and will then be obligated to, sell the same pro-rata number of his Subsidiary Shares as Company is selling of its Subsidiary Shares.\n(b) The Purchase will occur at the offices of Company or its counsel immediately after the conditions set forth in Sections 1.1(a)(ii), 1.1(a)(iii), and 1.2(a)(1) are satisfied, if at all.", "samples": [{"hash": "iYKb2zpbl7q", "uri": "/contracts/iYKb2zpbl7q#share-purchase", "label": "Share Exchange Agreement (Amerigon Inc)", "score": 16.0, "published": true}], "size": 5, "hash": "4f875b3495692384f336b31a74c0a67a", "id": 5}, {"snippet_links": [{"key": "terms-and", "type": "clause", "offset": [9, 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respective right, title and interest in and to all of the Purchased Shares free and clear of all Liens other than transfer restrictions imposed by securities Laws generally.", "samples": [{"hash": "2uXRl7pivW4", "uri": "/contracts/2uXRl7pivW4#share-purchase", "label": "Purchase Agreement (Welbilt, Inc.)", "score": 31.353181839, "published": true}, {"hash": "imCMpLx1psA", "uri": "/contracts/imCMpLx1psA#share-purchase", "label": "Purchase Agreement (PENTAIR PLC)", "score": 31.1697463989, "published": true}], "size": 4, "hash": "a1fe00b6a1e690f40685173f69ae8980", "id": 8}, {"snippet_links": [{"key": "terms-and-conditions-of-this-agreement", "type": "clause", "offset": [15, 53]}, {"key": "warranties-and-covenants", "type": "clause", "offset": [102, 126]}, {"key": "at-the-closing", "type": "clause", "offset": [145, 159]}, {"key": "seller-shall", "type": "clause", "offset": [161, 173]}, {"key": "deliver-to-buyer", "type": "clause", "offset": [209, 225]}, {"key": "shares-free-and-clear", "type": "clause", "offset": [237, 258]}, {"key": "buyer-shall", "type": "clause", "offset": [284, 295]}, {"key": "from-seller", "type": "clause", "offset": [336, 347]}], "snippet": "Subject to the terms and conditions of this Agreement and in reliance in part on the representations, warranties and covenants contained herein, at the Closing, Seller shall sell, convey, assign, transfer and deliver to Buyer all of the Shares free and clear of all Encumbrances, and Buyer shall purchase, acquire and accept the Shares from Seller.", "samples": [{"hash": "joosg0R3MLg", "uri": "/contracts/joosg0R3MLg#share-purchase", "label": "Stock Purchase Agreement (Vitro Sa De Cv)", "score": 21.0, "published": true}, {"hash": "7cK8tekKwib", "uri": "/contracts/7cK8tekKwib#share-purchase", "label": "Stock Purchase Agreement (Vitro Sa De Cv)", "score": 21.0, "published": true}], "size": 8, "hash": "14ac3bd18dfd89218dec2831bb435874", "id": 2}, {"snippet_links": [{"key": "the-terms-and-conditions", "type": 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"samples": [{"hash": "bKlrEI3l9Pm", "uri": "/contracts/bKlrEI3l9Pm#share-purchase", "label": "Share Purchase Agreement (Sonosite Inc)", "score": 21.9308700562, "published": true}, {"hash": "7SKNsJ7uhbm", "uri": "/contracts/7SKNsJ7uhbm#share-purchase", "label": "Share Purchase Agreement (Sonosite Inc)", "score": 21.7063655853, "published": true}, {"hash": "18BIfg2KlNm", "uri": "/contracts/18BIfg2KlNm#share-purchase", "label": "Share Purchase Agreement (Sonosite Inc)", "score": 21.6817245483, "published": true}], "size": 4, "hash": "f22377f211f662b228f95314e64c9db6", "id": 6}, {"snippet_links": [{"key": "terms-and", "type": "clause", "offset": [9, 18]}, {"key": "the-conditions", "type": "clause", "offset": [30, 44]}, {"key": "in-this-agreement", "type": "definition", "offset": [55, 72]}, {"key": "the-closing-date", "type": "clause", "offset": [77, 93]}, {"key": "the-seller-shall", "type": "clause", "offset": [95, 111]}, {"key": "deliver-to", "type": "definition", "offset": [147, 157]}, 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Shares"], ["purchase-and-sale-purchase-price", "Purchase and Sale; Purchase Price", "Purchase and Sale; Purchase Price"], ["purchase-shares", "Purchase Shares", "Purchase Shares"]], "related_snippets": [], "updated": "2026-02-07T05:29:46+00:00", "also_ask": ["What are the essential representations and warranties to include in a share purchase clause?", "How can the clause be structured to minimize post-closing disputes and liabilities?", "What are the most common negotiation pitfalls or leverage points in share purchase terms?", "How does this clause differ from asset purchase provisions in terms of risk allocation?", "What factors most influence a court\u2019s enforcement of share purchase obligations?"], "drafting_tip": "Specify the number and class of shares to prevent disputes; identify buyer and seller to ensure enforceability; state purchase price and payment terms to avoid ambiguity.", "explanation": "The Share Purchase clause defines the terms and conditions under which shares of a company are bought and sold between parties. It typically outlines the number and type of shares being transferred, the purchase price, payment method, and the timeline for completion of the transaction. This clause ensures that both buyer and seller have a clear understanding of their obligations and the mechanics of the share transfer, thereby reducing the risk of disputes and facilitating a smooth ownership transition."}, "json": true, "cursor": ""}}