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Agreement For Transfer Of Shares
"I need an Agreement For Transfer Of Shares to sell my 30% shareholding in a Singapore technology startup to a venture capital firm, with completion scheduled for March 2025 and including earn-out provisions based on future revenue targets."
1. Parties: Identification of transferor(s) and transferee(s) with full legal details
2. Background: Context of the transfer, including company details and reason for transfer
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase of Shares: Core terms of the transfer including number of shares and price
5. Completion: Timing and mechanics of the transfer completion
6. Warranties and Representations: Standard warranties about share ownership and authority to transfer
7. Governing Law: Specification of Singapore law as governing law
1. Conditions Precedent: Used when transfer is subject to specific conditions being met, such as regulatory approvals or third-party consents
2. Non-Compete Provisions: Restrictions on transferor's future business activities, typically used when transferor is a key person in the business
3. Tag-Along Rights: Rights of other shareholders to join the transfer, relevant in companies with multiple shareholders
4. Earn-Out Provisions: Additional payment terms based on future performance, used when part of purchase price is contingent on future events
1. Share Details Schedule: Details of shares being transferred including share certificate numbers
2. Completion Obligations: List of actions and documents required at completion
3. Warranties Schedule: Detailed warranties given by transferor
4. Company Information: Key company details including financial statements if relevant
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