9. April 2021 Company Shares Transfer Agreement If you and two z.B. business partners all have the same shares in a company and a partner wants to resign, a share purchase agreement can be used to buy the shares of the stripper partner. 1.3 The transfer takes effect with the execution of this share transfer contract and the payment of the amount covered in point 2. Shares (or shares) are shares of a company divided among shareholders (also known as shareholders). The two main classes of shares that can be transferred are: 5.3 The assignor guarantees that there are no fees or other obligations on the shares, whether registered or not and that they are totally free of charges (except for a capital obligation in the event of partially paid shares). Subsequently, the company should submit this document to the Corporate Affairs Commission (CAC), as well as a resolution of the board of directors authorizing the transfer and a completed CAC 2A form. This document is used by a party intending to transfer its shares in one company to another party. The party that transfers its shares may be a company, a person or another organization. 3. COST OF TRANSFER It is agreed that the registration fee for the transfer of the shares (if any) will be borne by the purchaser. 7. THE COMMUNICATIONS OF NOTICES TRANSMITTED IN THE PRESENT CONVENTION OF TRANSFERT OF ACTIONS MUST BE SIGNIFIED BY ÉCRIT AND TRANSMITTED ONLY IF they are personally transmitted by one party to another party or delivered to the delivery address of the party concerned. Communications can only be sent and distributed in English. PandaTip: When the transferred shares are sold, the “transferor” means the seller and the “seller” the buyer. Companies that offer several types of shares sometimes also have a series (Class A, Class B, Class C, etc.) that may be worth different amounts of money. For example, 100 Class A common shares may not be of the same value as 100 Class B shares. PandaTip: Sometimes the cost of transferring shares and issuing new shares is probably less than $50, but you can check first. If you want these costs to be borne by the transferor or shared between the two parties, you can change the clause above. If the value is more than $1000, you must pay the stamp duty of 0.5%, rounded to $5 for each document to be stamped. This means that if the value of the transfer is $1,990, your stamp duty is $1,785 x 0.5% – $8.92. Rounded means that in this case you will have to pay 10 euros. THE CÉDANT wishes to transfer the shares to the purchaser on the terms set out in this share transfer agreement. 8.1 This transfer of shares is under the exclusive jurisdiction of the laws of [STATE AND COUNTRY]. When the documents are received, the company must cancel the old share certificate and update its shareholder register. A new certificate of transmission will then be issued to the purchaser within two months of the date of the transfer. A share issue becomes mandatory for a new shareholder only when the company informs them of this certificate of shares. 5.7 Any delay or non-application of the terms of this share transfer agreement and any delay in the event of a violation of its clause by a party does not constitute a waiver of those rights. NomikAdmin 9. April 2021 Previous Post Next Post