Sale of Shares Agreement: in total to an existing shareholder

Retail Price:

R217.00 ZAR

Our Price:

R217.00 ZAR

You Saved:

R0.00 ZAR

Qty

Each

SALE OF SHARES AGREEMENT (IN TOTAL, TO AN EXISTING SHAREHOLDER)

Summary

This Sale of Shares Agreement can be used when a shareholder in a Company sells all of his/her shares in the Company to another shareholder of the Company.

More information

Why do I need a Sale of Shares Agreement?

A Sale of Shares Agreement sets out the terms of the sale of a shareholder’s shares in a Company to another shareholder.

Who should use a Sale of Shares Agreement?

A shareholder wishing to sell all the shares that he/she has in the Company to another shareholder in the Company can use this Agreement.

What does the Sale of Shares Agreement say?

The Agreement consists of:

Parties
Definitions
Sale of shares
Purchase price and payment
Delivery of documents
Warranties and Indemnities
Breach
Notices
General

What does the Sale of Shares Agreement look like?

The agreement can be printed onto two A4 pages.

What do you need to do to use the Sale of Shares Agreement?

Read the document to ensure that it suits your requirements. Make changes as required.

Complete the relevant details, such as the Seller and Purchaser’s names, the name of the Close Company and the purchase price. In particular, ensure that the clause specifying the manner in which the purchase price is to be paid is completed.

Ensure both parties sign the agreement and receive a copy.

Also known as: