Sale Agreement Of Shares

Guarantees in the latter category can address a number of different aspects of the business. For example, there are often guarantees on the company`s accounts, taxes, assets, key contracts, that there are no disputes, that the sale of shares does not violate contracts, and so on. Although it is normal (and advisable) for a buyer to demand guarantees and compensation from the seller, it is also normal (and advisable) for the seller to try to qualify them. (You can read our tips for buyers here, and our tips for sellers here.) What distinguishes this document from a share purchase agreement is that a share purchase agreement is used in cases where a company sells its shares, while a shareholder of the company sells shares already issued to another party as part of a share sale and sale agreement. The amount of shares held by a shareholder determines their share of the ownership of the company and the payment of the dividend to which they are eligible if the company distributes dividends. A dividend payment is money paid to shareholders and is usually the result of a distribution of a company`s annual profit. As a general rule, non-competition restrictions and prohibitions are not applicable if they go beyond what is necessary to protect the value of the shares sold. The most important considerations are the type of behaviour, which is reluctant, the duration of the deduction and the geographic scope of the restriction (i.e. where and the size of the area in which the restriction obligation applies). A share purchase agreement should be used whenever a person or company sells or buys shares in a company or another person or company. 5.1. The sale and purchase planned in point 2.1 is completed at Freshfields Bruckhaus Deringer`s premises in Barcelona at least three (3) working days after the notification referred to in point 3.3 (or on another date that can be agreed upon by the parties), provided that the previous one referred to in point 3.1 (d) is immediately completed before completion.

all the following points are in order 15.1.