Document background
The Share Surrender Agreement is commonly used in Singapore when shareholders need to return their shares to the company, often in the context of employee share schemes, corporate restructuring, or dispute resolution. The document must comply with Singapore's Companies Act and ACRA regulations, detailing the specific shares being surrendered, any consideration, timing, and completion requirements. This agreement is crucial for maintaining proper corporate records and ensuring the legal transfer of share ownership back to the company. The Share Surrender Agreement typically includes representations and warranties from the surrendering shareholder regarding share ownership and authority to surrender.
