A share purchase agreement (SPA) is an agreement that defines the terms of sale and purchase of shares of a company. Regardless of when completion is expected, the agreement will generally explain when the completion will take place and what is expected of the parties at the conclusion. The amount of shares held by a shareholder determines their share of the ownership of the company and the payment of the dividend to which they are eligible if the company distributes dividends. A dividend payment is money paid to shareholders and is usually the result of a distribution of a company`s annual profit. The document requires important information, such as the parties to the transaction. B, stock description, purchase price (counterpart), parties` guarantees and guarantees, pre-compliance and post-completion requirements. After the submission after creation, the buyer`s name is added to the list of members of the company (if the buyer is not yet a member of the company). 3.3. With respect to condition 3.1 (b) above, the seller agrees that he assumes all similar taxes and obligations as well as all expenses related to the sale of the property (including: but not limited to all taxes on capital income, local taxes, stamp duty, transfer taxes or registration fees) , that the sale of the property involves the transfer of all liabilities and liabilities relating to it, including, but not limited, to loans, financing leases and security-related shares, and that the real estate is returned to the group`s companies under the leases. 20. This agreement contains the entire agreement between the parties.
All negotiations and agreements have been included in this agreement. Statements or assurances that could have been made by a party to this agreement at the negotiating stage of this agreement may, in some way, be inconsistent with this final written agreement. All these statements are declared unvalescible in this agreement. Only the written terms of this agreement bind the parties. A share purchase agreement also contains payment details, z.B if a down payment is required when the full payment is due, and the closing date of the agreement. When the seller has to do certain things before the sale can be concluded, completion is often several weeks after the contract is signed. A contract to buy and sell shares is an agreement for the sale and purchase of a given number of shares at an agreed price. The shareholder who sells his shares is the seller and the party that buys the shares is the buyer. This agreement specifies the terms of sale and purchase of the shares. The acquisition of shares is the acquisition of a company`s operating activities. None of the existing contracts with the company change.
When a shareholder sells its shares in a company, it achieves a complete break in the relationship between it and the target business. However, the buyer will insist on a number of contractual commitments concerning the company (guarantees) that will bind the shareholder after the sale. Share sale agreements are applied when a company`s shares are sold and not the company`s activities or assets. Download this free share purchase model in word form to help you trade shares in a company or organization.