Template Sale of Shares Agreement
A Sale of Shares Agreement is an agreement recording the terms and conditions upon which a shareholder sells shares in a company to a purchaser.
| Fit For | The sale of shares of most South African private companies |
|---|---|
| Customised | No, but can be edited as needed |
| Prepared By | An attorney of no less than 12 years post qualification experience |
Common benefits of our Template Sale of Shares Agreement
- An inexpensive way in which the general aspects of a sale of shares may be properly regulated.
- Reduces uncertainty between a shareholder and purchaser for the sale and purchase of shares
- Provides protection for both parties as clear obligations are set out
- Constitutes an instrument of transfer which is required in terms of the Companies Act in order to validly transfer shares
- Instant delivery to your inbox
- Ready to use
FAQ's regarding Sale of Shares Agreements
What are some of the clauses included in our Template Sale of Shares Agreement?
- Records the purchase price or method for determining the purchase price;
- The rights and obligations of both parties;
- In the event of a dispute, how it may be resolved;
- Representations and/or warranties that the buyer and/or seller may provide to each;
- Any indemnifications that might be provided by either the seller or buyer to each other,