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Sample Agreement For Share Transfer

By • Apr 12th, 2021 • Category: Uncategorized 133 views Cetak Artikel Ini Cetak Artikel Ini

In addition to signing this agreement, the seller should also transfer to the buyer all the corresponding documents and certificates of the shares and the two parties would exchange money, as negotiated. 5.7 Any delay or non-application of the terms of this share transfer agreement and any delay in the event of a violation of its clause by a party does not constitute a waiver of those rights. 5.5 Each contracting party heressover states that it is not aware of any issues under its control that could have a negative or adverse effect on the performance of its obligations under this share transfer agreement. On the basis of the principle of equality, mutual benefit and the same price by friendly consultation, the parties finish, with a view to transferring 13% of the shares of Zhejiang Hongzhan New Materials Co., Ltd. (hereafter referred to as “companies”) from Part A to Part B: while Part B agrees to accept 100% of the maritime communication of Part A. After the friendship of the two parties had compromised the principle of fairness, the two parties had agreed on the following conditions when transferring 100% of Lake Communication shares from Part A: it can be avoided by the provision of a “refusal clause” in the agreement itself. This “refusal clause” means that existing shareholders have the right to acquire the shares before they are sold to outsiders who can protect their interests. 5.4 Each contracting party heres all the necessary powers and authorizations to enter into this share transfer agreement. 1.2 The transfer is absolute and covers all rights and obligations related to the shares, including, but not limited to all rights to dividends, voting rights and voting rights, in order to avoid doubting that the dividends due but not yet paid are due and distributed to the purchaser. The main advantage of entering into a relocation contract is that it formally cements the agreement and the terms agreed by both parties. It goes beyond the limits of relying only on verbal discussions and makes them mandatory.

Thanks to the share transfer agreement, the nature of the transaction becomes very transparent, not only for both parties, but also for any foreigner. It also avoids confusion between them, as both parties obtain clarification of the rights they hold. They will simplify a lot of legal problems for you while saving you a lot of time and money. Our website is also a rich source of several other contract templates that you can use very easily at any time. The law prohibits a shareholder of a private company, with the exception of the statutes, from transferring his shares to a non-member without first offering the same shares to existing shareholders. Therefore, where a shareholder intends to transfer its shares to a non-member, it must ensure that the company`s by-law authorizes such a transfer before it is able to complete it.

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is Masim "Vavai" Sugianto, Professional IT. Tinggal di Bekasi, bekerja di Jakarta. Aktif pada Komunitas OpenSUSE Indonesia. Berminat pada dunia Open Source dan pengembangan program Java. Keseharian dapat dimonitor pada Blog Pribadi
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