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Contract For Shares Of A Company
"I need a Contract For Shares Of A Company to document the sale of 30% of my technology startup's shares to a venture capital investor, with completion scheduled for March 2025 and including standard drag-along rights."
1. Parties: Identification of seller(s) and purchaser(s) of shares
2. Background: Context of the transaction and company information
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core terms of the share transfer
5. Purchase Price: Consideration and payment terms
6. Completion: Timing and mechanics of the transfer
7. Warranties: Standard representations about the shares and company
8. Governing Law: Jurisdiction and applicable law
1. Conditions Precedent: Pre-completion requirements - used for complex transactions or regulatory approvals
2. Non-Competition: Restrictions on seller's future activities - used when seller remains active in the industry
3. Tag-Along Rights: Rights of minority shareholders to join in sale - used for partial stake sales
4. Drag-Along Rights: Rights to force minority shareholders to join sale - used for majority stake sales
1. Schedule 1 - Share Details: Details of shares being transferred including class, number, and percentage
2. Schedule 2 - Company Information: Key company details including registration, directors, and capital structure
3. Schedule 3 - Warranties: Detailed warranties about the company and its business
4. Schedule 4 - Completion Requirements: List of documents and actions required at completion
5. Schedule 5 - Existing Encumbrances: List of any existing charges or encumbrances on the shares
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