Share Purchase Agreement
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Share Purchase Agreement
The share purchase agreement is an agreement in which terms and conditions are finalized relating to the purchase and sale of shares of a Company. It is used to transfer the ownership of shares in a company from a seller to a purchaser.
Who shall need a share purchase agreement? When any individual or corporation is selling or purchasing shares in a company to or from another business entity, a share purchase agreement should be used.
What information is put in a share purchase agreement?
1. The purchaser of the shares
2. The seller of the shares
3. The company from which shares being sold
4. The value of shares
5. The law that governs the agreement
6. The type of shares that are being sold
Procedure for Share Purchase agreement:
- A well efficient lawyer from our team shall contact you, and explain you the total process, and will understand the need of purchasing shares.
- Once the objectives of the same are clear, the lawyer shall draft a sample of share purchase agreement accordingly.
- The draft shares purchase agreement shall be sent to you, for your review.
- Once you approve it, it shall be served to the other party.
- The whole process takes around 2-3 working days.