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Share Purchase Agreement to be used when a purchaser wishes to buy all of the shares of a company from a vendor.
Details:
Share Purchase Agreement to be used when a purchaser wishes to buy all of the shares of a company from a vendor.
Form Outline:
Share Purchase Agreement
THIS AGREEMENT made as of between , of (the "Purchaser") and , of (the "Vendor").
WHEREAS the Vendor is the registered and beneficial owner of all of the issued and outstanding shares (the "Purchased Shares") in the capital stock of (the "Corporation");
AND WHEREAS the Vendor wishes to sell the Purchased Shares to the Purchaser and the Purchaser agrees to purchase the Purchased Shares from the Vendor in accordance with the terms and conditions of this Agreement;
THIS AGREEMENT WITNESSES that in consideration of the covenants, agreements, warranties and payments herein set out and provided for, the parties hereto covenant and agree as follows:
Article 1
Purchased Shares and Purchase Price
1.1
1.2
Article 2
Representations and Warranties of the Vendor
2.1
2.2
Article 3
Conditions of Closing
3.1
Article 4
Indemnification
4.1
Article 5
General
5.1
5.2
5.3
5.4
5.5
5.6
5.7
5.8
5.9
5.10
5.11
IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.
Corporation Forms
