Document background
The Simple Stock Purchase Agreement Between Shareholders is commonly used when shareholders in a private company wish to transfer shares between themselves or to new shareholders under English and Welsh law. This document is particularly useful for smaller transactions where a comprehensive share purchase agreement would be unnecessarily complex. It includes essential elements such as the sale terms, basic warranties, and completion mechanics, while ensuring compliance with the Companies Act 2006 and other relevant legislation. The agreement is designed to provide adequate protection for both parties while maintaining simplicity and cost-effectiveness.
