What Is A Share Transfer Agreement

When the documents are received, the company must cancel the old share certificate and update its shareholder register. A new certificate of transmission will then be issued to the purchaser within two months of the date of the transfer. A share issue becomes mandatory for a new shareholder only when the company informs them of this certificate of shares. While Party B agrees to accept 100% of Lake Communication`s Part A shares. After the friendly compromise of both parties with the principle of fairness, both parties had the following conditions in the transfer of 100% shares of Lake Communication from Part A: 1.2 the transfer is absolute and includes all rights and obligations related to the shares, including, but is not limited to all rights on dividends , capital and voting rights and to avoid doubts all dividends that are due, but are not yet paid to pay and transfer buyer. The lender and the purchasing company sign this agreement. 5.11 The securities contained in this share transfer agreement are included only as an editorial reference and do not present part of the share transfer contract for the easier reference. 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. On the basis of the principle of equality, mutual benefits and the same price, through a friendly consultation regarding the transfer of 13% of the shares of Zhejiang Hongzhan New Materials Co., Ltd. (hereafter referred to as “company”), held by Part A to Part B, the parties agree that the share transfer contract can be used in combination with a share purchase agreement and a subscription contract. if the payment of the seller`s shares is made with shares of the purchaser`s company (the “counter-shares”). This type of transaction is common in the planning of the estate as part of a rollover.

2. TRANSFERT PRICE It is agreed that the shares will be transferred at the price of [PRICE]. PandaTip: Add the fees here. If the shares are transferred as a gift, then you should list $10 as a cost. This is because, in many states and countries, a contract requires some prejudice or loss on behalf of both parties (even if it is a nominal amount). PandaTip: You can start the pages of this agreement to make sure the calendar can`t be changed later. A share purchase agreement should be used whenever a person or company sells or buys shares in a company or another person or company.