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Sample Share Purchase Agreement India

You can learn more about the stock purchase agreement and its importance here. For the development of legal agreements and mortgage on the ice format join our legal club. This form is also known as: share purchase contract, purchase and sale of shares, share transfer, purchase of shares per person A legal document setting out the terms of a buyer`s purchase of shares is called a share purchase agreement. This is an agreement between the seller and the stock buyer. The agreement aims to ensure that the terms of the sale/transfer of the action under the mutual agreement of the parties are clarified. c. The current management holds a board meeting to conduct and register the transfer of shares and arranges for the appointment of new directors; one. Unless otherwise stated in this agreement, no rights or obligations arising from this agreement will be transferred or transferred without the prior written consent of the other contracting parties, provided that the purchaser has the right to nominate one of its candidates for the purchase of the shares by the sellers in accordance with this agreement. f.

Sellers provide comprehensive support and coordination with buyers during the period during which the entire transaction is being processed. A share purchase agreement is entered into by one party for the purchase of shares by another party; As a general rule, the shares are for a private company. The agreement describes the amount, timing and method of payment as well as all insurance or guarantees of the buyer and seller. CONSIDERING that the seller The owner of common shares in the share capital of the 5.1 Subject to the arrival of the transaction/closure under this agreement, the purchaser („indemnity persons“) undertakes jointly, to keep the sellers, the company and its directors, senior executives, agents, agents and employees („decided persons“) free of all claims, debts, remedies, proceedings, receivables, losses, costs, taxes, damages and expenses that may be collected or incurred by the compensated persons or that they or themselves are a direct result of such or, resulting from commercial activity or the sale/sale of the sale shares from the date of execution of this contract until the full transfer of the shares in the purchasers , from which they are created or linked to them, or are related to them. 2.3 The consideration for Shares Sale is the value per share that must be determined by the accountant in practice or the registered valuer in accordance with the applicable legal provisions.