The share purchase contract is a contract in which all the conditions are concluded when it comes to selling and buying the shares of the company. This is not the same as in the case of an asset sale contract in which assets are bought and sold instead of shares. The following points are listed in a share purchase agreement: 3. COST OF DISPOSAL It is agreed that the registration costs of the transfer of shares (if any) will be borne by the purchaser. 2. TRANSFER PRICING It is agreed that the shares will be transferred at the price of [PRICE]. 5.6 The rights, benefits, commitments and liabilities contained in the terms of this Share Transfer Agreement may be assigned by any party with the prior written consent of the other party. When a company or individual buys or sells shares of the company with another company or person, it must use a share purchase agreement. For example, if a company has two partners, it has the same shares, and one leaves the partnership, a share purchase agreement can be used to buy its shares in the company.

If all shares are purchased, a sales contract can be used instead. CONSIDERING that the contemptuous person wishes to transfer the shares to the assignee under the conditions laid down in this share transfer agreement. 1.1 The beneficiary of the acquisition transfers to the buyer, in absolute terms, the total ownership of the shares, against the amount set out in clause 2. 5.12 This share transfer agreement may be concluded by mutual agreement between the parties in more than one language and, in the event of a conflict between the different translations of this share transfer agreement, the English version shall have priority. 5.16 The assignor irrevocably releases and undertakes to exempt the assignee from any loss resulting from a breach of warranties or other conditions of the share transfer agreement. A share transfer agreement may be used in combination with a share purchase agreement and a subcontract, if payment is made for the seller`s shares with the shares of the buying company (the “Counterparty Shares”). This type of transaction is common in rollover estate planning. A share purchase agreement is likely to be lengthy and will consist of a main document and different schedules or appendices containing particular information and details of the transaction.

While a SPA can be in any format, the following clauses are the most important clauses and those that should ideally be designed by an experienced lawyer….