tiktok³ÉÈË°æ

All Countries
Share Surrender Agreement

Share Surrender Agreement Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Share Surrender Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Share Surrender Agreement

"I need a Share Surrender Agreement for our Dubai-based technology company where a departing senior executive is surrendering 50,000 ordinary shares back to the company as part of their exit arrangement, to be completed by March 2025."

Celebrated by
Collaborations with
Investors
Document background
A Share Surrender Agreement is a crucial document used in UAE corporate transactions when a shareholder voluntarily returns their shares to a company. This may occur in various scenarios, including corporate restructuring, settlement of debts, exit arrangements, or as part of employee share scheme operations. The agreement must comply with UAE Federal Law No. 32 of 2021 and relevant free zone regulations where applicable. It typically includes detailed information about the shares being surrendered, warranties from the surrendering shareholder, and completion mechanics. The document is particularly important in ensuring proper documentation for UAE regulatory compliance, corporate governance requirements, and maintaining accurate shareholder records. It may require additional approvals from regulatory authorities, particularly in regulated sectors or free zones.
Suggested Sections

1. Parties: Identification of the Shareholder surrendering shares and the Company receiving the surrender

2. Background: Context of the share surrender, including company details and reason for surrender

3. Definitions: Key terms used throughout the agreement

4. Share Details: Specific details of shares being surrendered including number, class, and nominal value

5. Surrender Terms: Core terms of the surrender including timing and process

6. Consideration: Details of any consideration (if any) for the surrender

7. Completion: Actions to be taken at completion of the surrender

8. Warranties and Representations: Standard warranties from both parties regarding capacity and authority

9. Tax Provisions: Treatment of any tax implications arising from the surrender

10. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction

Optional Sections

1. Regulatory Approvals: Required when the surrender needs specific regulatory clearances

2. Employee Share Scheme Provisions: Include when surrender relates to employee share schemes

3. Company Buy-back Provisions: Required when surrender is part of a share buy-back arrangement

4. Free Zone Requirements: Include when company is in a UAE free zone with specific requirements

5. Related Party Transaction Provisions: Required when surrender involves related party transactions

6. Confidentiality: Include when specific confidentiality obligations are needed

7. Anti-dilution Provisions: Include when other shareholders' rights need protection

Suggested Schedules

1. Share Certificate Details: Copy of share certificates and details of shares being surrendered

2. Board Resolution: Company board resolution approving the share surrender

3. Shareholder Resolution: If required, shareholder resolution approving the surrender

4. Regulatory Approvals: Copies of any required regulatory or governmental approvals

5. Share Register Extract: Current extract of the company's share register

6. Completion Documents: List and copies of all documents required for completion

7. Powers of Attorney: If applicable, powers of attorney for executing the surrender

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





























Clauses


























Relevant Industries

Financial Services

Professional Services

Technology

Manufacturing

Real Estate

Healthcare

Retail

Energy

Transportation

Telecommunications

Education

Construction

Relevant Teams

Legal

Corporate Secretariat

Finance

Compliance

Corporate Governance

Human Resources

Board Secretariat

Risk Management

Corporate Services

Regulatory Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Company Secretary

Legal Counsel

Corporate Governance Officer

Compliance Officer

Board Director

Share Registrar

Corporate Services Manager

Finance Director

HR Director

General Counsel

Managing Partner

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Share Retention Agreement

UAE-governed agreement establishing shareholders' obligations to retain their shares for a specified period, subject to UAE Companies Law and securities regulations.

find out more

Preference Shares Agreement

UAE-governed agreement establishing terms and conditions for preference shares issuance, including dividend rights, voting rights, and capital rights.

find out more

Equipment Transfer Agreement

UAE-governed agreement for transferring equipment ownership, specifying terms, conditions, and responsibilities of both parties under UAE commercial law.

find out more

Share Surrender Agreement

UAE-governed agreement documenting the voluntary surrender of shares by a shareholder back to a company, ensuring compliance with UAE Commercial Companies Law.

find out more

Term Sheet Share Purchase Agreement

A preliminary agreement outlining key terms for share acquisition under UAE law, setting the framework for detailed transaction documentation.

find out more

Phantom Unit Award Agreement

UAE-governed agreement establishing phantom unit awards as synthetic equity compensation, allowing employees to benefit from company value appreciation without actual share ownership.

find out more

Contract For Shares Of A Company

A UAE law-governed agreement documenting the terms and conditions for the transfer of company shares between parties, ensuring compliance with UAE Commercial Companies Law.

find out more

Share Purchase Agreement Short Form

A UAE law-governed agreement for the straightforward sale and purchase of shares in a private company, containing essential transaction terms and basic warranties.

find out more

Stock Surrender Agreement

A UAE law-governed agreement documenting the voluntary surrender of shares by a shareholder back to the company, complying with UAE Commercial Companies Law requirements.

find out more

Share Profit Agreement

UAE-governed agreement establishing profit sharing terms between business parties, including calculation methods and distribution mechanisms in compliance with UAE commercial laws.

find out more

Stock Warrant Agreement

A UAE-governed agreement granting rights to purchase company shares at predetermined terms, subject to UAE Federal Law No. 32 of 2021 and SCA regulations.

find out more

Shareholder Redemption Agreement

UAE-governed agreement for company share repurchase from existing shareholders, compliant with UAE Commercial Companies Law and relevant regulations.

find out more

Business Shares Agreement

UAE-governed agreement documenting the terms and conditions for the transfer of business shares between parties, ensuring compliance with UAE commercial laws.

find out more

Stock Issuance Agreement

UAE-governed agreement documenting terms and conditions for new share issuance, ensuring compliance with local company law and regulations.

find out more

Share Cancellation Agreement

UAE-governed agreement documenting the terms and process for cancelling company shares, ensuring compliance with UAE Companies Law and regulatory requirements.

find out more

Preliminary Share Purchase Agreement

A preliminary agreement under UAE law establishing key terms and conditions for a proposed share acquisition, subject to due diligence and final documentation.

find out more

Share Issue Agreement

UAE-governed agreement documenting terms and conditions for issuing new company shares to subscribers, compliant with UAE Commercial Companies Law.

find out more

Share For Share Exchange Agreement

UAE-governed agreement facilitating the exchange of shares between companies, where one company issues new shares in exchange for shares in another company.

find out more

Share Charge Agreement

A UAE-law governed security document creating a charge over shares as collateral for obligations, complying with UAE Commercial Companies Law and related regulations.

find out more

Share Buyback Agreement

UAE-governed agreement detailing terms and conditions for a company's repurchase of its own shares from existing shareholders, ensuring compliance with local corporate and securities laws.

find out more

Stock Exchange Agreement

UAE-governed agreement establishing trading membership rights and obligations between a stock exchange and member firms, subject to SCA regulations.

find out more

Share Sale And Purchase Agreement

UAE-law governed agreement for the sale and purchase of shares in a company, detailing transaction terms, warranties, and regulatory compliance requirements.

find out more

Share Exchange Agreement

UAE-governed agreement facilitating the exchange of shares between companies, outlining exchange terms and regulatory compliance requirements.

find out more

Share Swap Agreement

A UAE-governed agreement facilitating the exchange of shares between parties, subject to UAE Federal Law and SCA regulations, detailing terms, valuations, and completion mechanics.

find out more

Stock Repurchase Agreement

UAE-governed agreement for company share repurchase from existing shareholders, ensuring compliance with local corporate and securities laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.