Common Contracts

Agreement of purchase and sale of shares pdf

July 8th, 2023

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  July 8th, 2023

Created by lawyers & expertsProfessional-looking formattingSimply fill-in-the-blanks & printCompatible with all office suites A Share Sale and Purchase Agreement is an agreement for the sale and purchase of a stated number of shares at an agreed price. The shareholder selling their shares is the seller and the party buying the shares is the buyer. This agreement details the terms and conditions of the sale and purchase of the shares. Shares are fixed identifiable units of capital that represents a member's stake in a company. Once a person holds shares in a company such party becomes a member of the company with the right to transfer and transmit the shares. A shareholder can either sell part or the entirety of its shares. If the shareholder sells its entire shares, it completely divests its interest in the shares in the company and ceases to be a shareholder of the company. In the same vein, if a party sells only a part of their shares, they divest their interest in the number of shar