A share purchase agreement is concluded between a buyer who wishes to buy shares of a company at a specified price from a seller. The agreement describes the number (#) of shares, the price ($) per share and the date of sale. All other terms must be negotiated between the parties and, after signing, the exchange of funds for shares usually takes place as quickly as possible. Both parties must conclude the agreement and all the provisions of Article “XIII. Additional Terms and Conditions. If the Warehouse Buyer accepts the contents of this Agreement, it must sign the “Buyer`s Signature” line in accordance with Article XIV of the Global Agreement and sign it. Immediately after this deed, the signature buyer must enter the current “date” in the next line. The buyer or buyer must also indicate his or her name printed in the last blank line of this section. one. The seller is not recognized as an issuer, insider, related business or associated enterprise of the enterprise within the meaning of the definition or recognition in accordance with applicable securities laws and regulations. b.
Except as provided in the company`s governing documents or on the front of the certificates for the shares, the buyer would in no way be prevented or limited from reselling the shares in the future. c. The seller is the owner of the clear ownership of the shares and the shares are free from pledge rights, charges, security interest, fees, mortgages, pledges or adverse claims or other restrictions that would prevent the transfer of clear ownership to the buyer. d. Seller is not bound by any agreement that would prevent transactions related to this Agreement. e. To the seller`s knowledge, no legal action or legal action is pending against any party that would seriously undermine this agreement. The fifth section under the heading “V. Deposit” displays two control boxes that can determine whether or not a deposit is required before purchase. One of them must be selected and applied so that the other can be discounted as unenforceable.
If a deposit must be filed before the closing date, mark the “Necessary” box and note the dollar amount (numerically) of the expected deposit in the blank line after the dollar sign. If a deposit is required, continue with the following blank line (before the term “calendar days”). Here you must indicate the number of days following the effective date of this contract if the deposit amount defined above is to be submitted by the buyer. If no deposit is required, leave the first box unattended and mark the second box (as “no”) to indicate that the buyer will not be charged for the presentation of a deposit before the closing date. Sign a memorandum of understanding for the purchase of shares or make an offer for one share per share.. . .