Menu

Define Stock Purchase Agreement


4.2. Subsidiaries. [The company does not have, directly or indirectly, subsidiaries or owners, nor does it have the right or obligation to acquire, under a contract or otherwise, similar shares, interests or interests in a company, company, joint venture, association, limited liability company, trust or other entity.] Another important advantage of a share purchase contract is that it provides specific information about the transfer of shares. This means that all the seller`s guarantees are set. It can also list dispute resolution measures. You can even document that the seller or buyer pays for certain costs if an unknown problem is already a source of loss. THE VENDEUR owns _____Aktien (the “shares”) of the common share, no par value per share (the “ordinary company”), the company, the shares – % (%) Issued and outstanding common shares of the Company; and “contracts,” with respect to a party, all agreements, contracts or other binding agreements, agreements or plans, either in writing or orally (including any modification or other modification) in which it participates or is bound by other means. These guarantees and purchase guarantees illustrate typical provisions contained in share purchase contracts. Additional insurance and guarantees that may be appropriate, including financing or demerger provisions. A lawyer can help you adapt and negotiate the seller`s representations and guarantees based on your specific situation. The receiver account is subject to a separate receivership, which is negotiated at the same time as this form.

Share purchase contracts are divided into a large number of sections that help define what certain concepts mean and explain how the transaction process works. Under-divided in part, the anatomy of a share purchase agreement is as follows: this definition goes to the non-competitive part of the agreement. A lawyer can help you adjust the definition of the company`s operations so that the “non-compete clause” clause prohibits applicable conduct. (a) The seller will provide or have the buyer deliver certificates that end up in bulk or with duly executed powers of action in favour of the buyer. The first part of your share purchase agreement is often referred to as a preamble. This section identifies the agreement, identifies the parties and sets the contract date. In the preamble, you will often see parties called “sellers” and “buyers.” 2.2.