The companies herebly waive all pre-emption rights and any other pre-emption rights they may have with respect to the sale of the 1.1 shares, in order to allow their acquisition up to the time of completion. There are two types of share sale agreements. The first is where all the shares of a company are sold. The second, where there are only a few for sale. This article explains the basics of both types of agreements. If only a portion of the company`s shares is sold and not all, the purchaser would normally be required to enter into a shareholders` agreement with the existing shareholder or shareholders. This is usually done by an act of membership (in which the buyer is bound by an existing agreement) or by the creation of a new shareholders` pact. A contract to buy and sell shares is an agreement for the sale and purchase of a given number of shares at an agreed price. The shareholder who sells his shares is the seller and the party that buys the shares is the buyer. This agreement specifies the terms of sale and purchase of the shares. 15.1. [A] is entitled to transfer or renew all rights and obligations under this Agreement to any other member of the group after which all references contained in this Agreement to [-] are understood as references to the assignee.

The seller and the companies here matter agree that a separate agreement is not necessary for such a transfer to take effect, but if other measures, consents or documents are necessary to complete such a transfer, the seller and the companies undertake to do so or to provide it. This is an example of an agreement to sell and purchase shares of the company, with a mechanism for adjusting the price after a period of verification and some guarantees on the situation of the company. The document requires important information, such as the parties to the transaction. B, stock description, purchase price (counterpart), parties` guarantees and guarantees, pre-compliance and post-completion requirements. A share purchase agreement generally contains provisions for: the sub-file contains a selection of models to cover certain circumstances, including the sale of shares with or without transfer of debtors and creditors, with or without transfer of ownership and with or without collateral. A comparison matrix is available to help you decide which share purchase contract is best suited to your goal. These documents do not contain tax alliances or tax guarantees and, in this regard, independent legal advice is required. What distinguishes this document from a share purchase agreement is that a share purchase agreement is used in cases where a company sells its shares, while a shareholder of the company sells shares already issued to another party as part of a share sale and sale agreement.

5.1. The sale and purchase planned in point 2.1 is completed at Freshfields Bruckhaus Deringer`s premises in Barcelona at least three (3) working days after the notification referred to in point 3.3 (or on another date that can be agreed upon by the parties), provided that the previous one referred to in point 3.1 (d) is immediately completed before completion. if all the following steps are taken in the defined order: regardless of when the conclusion is foreseen, the agreement will generally indicate when the conclusion will take place and what is expected of the parties at the conclusion. Guarantees in the latter category can address a number of different aspects of the business. For example, there are often guarantees on the company`s accounts, taxes, assets, key contracts, that there are no disputes, that the sale of shares does not violate contracts, and so on. Although it is normal (and advisable) for a buyer to demand guarantees and compensation from the seller, it is also normal (and advisable) for the seller to try to qualify them.