Transfer Of Shares Agreement for Australia

Transfer Of Shares Agreement Template for Australia

A Transfer of Shares Agreement is a legally binding document used in Australian jurisdictions to formalize and execute the transfer of company shares from one party (the transferor) to another (the transferee). This document complies with the requirements of the Australian Corporations Act 2001 and relevant state legislation, detailing the terms and conditions of the share transfer, including the number and class of shares, purchase price, payment terms, warranties, and completion requirements. It includes provisions for due diligence, representations and warranties, and may incorporate conditions precedent and post-completion obligations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Transfer Of Shares Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Transfer Of Shares Agreement?

The Transfer of Shares Agreement is a fundamental document in Australian corporate transactions, used whenever ownership of company shares needs to be legally transferred between parties. This agreement is essential for both private and public companies, though its complexity may vary depending on the transaction size and nature. The document must comply with the Corporations Act 2001, relevant state legislation, and any applicable ASX requirements for listed companies. It typically includes detailed information about the shares being transferred, purchase price, payment terms, warranties, and completion requirements. The agreement is particularly important as it provides legal protection for both parties and ensures proper documentation of the ownership change for corporate and tax purposes. A Transfer of Shares Agreement may be used in various scenarios, from simple transfers between existing shareholders to complex corporate acquisitions.

What sections should be included in a Transfer Of Shares Agreement?

1. Parties: Identifies and provides full details of the transferor (seller) and transferee (buyer) of the shares

2. Background: Outlines the context of the transfer, including details about the company whose shares are being transferred and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules

4. Agreement to Sell and Purchase: Core provision establishing the agreement to transfer the shares from seller to buyer

5. Purchase Price: Specifies the amount to be paid for the shares and payment terms

6. Conditions Precedent: Lists any conditions that must be satisfied before the transfer can complete

7. Completion: Details the completion process, timing, and obligations of each party at completion

8. Seller's Warranties: Warranties given by the seller regarding the shares, the company, and their authority to sell

9. Buyer's Warranties: Warranties given by the buyer regarding their authority and capacity to purchase

10. Confidentiality: Obligations regarding confidential information related to the transaction and the company

11. Announcements: Requirements for any public announcements about the transaction

12. Notices: Specifies how formal notices under the agreement must be given

13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Transfer Of Shares Agreement?

1. Tag Along Rights: Include when other shareholders should have the right to join the sale on similar terms

2. Drag Along Rights: Include when majority shareholders should have the right to force minorities to join the sale

3. Non-Competition Covenant: Include when the seller should be restricted from competing with the company post-sale

4. Tax Indemnity: Include when specific tax risks need to be allocated between the parties

5. Earn-out Provisions: Include when part of the purchase price is contingent on future performance

6. Security for Claims: Include when security is required for warranty claims or other obligations

7. Break Fee: Include when a fee should be payable if either party terminates the agreement

8. Third Party Consents: Include when specific third party approvals are required for the transfer

What schedules should be included in a Transfer Of Shares Agreement?

1. Share Details: Details of the shares being transferred including class, number, and percentage of total issued capital

2. Company Details: Key information about the company including corporate structure, subsidiaries, and material contracts

3. Warranties: Detailed list of warranties given by the seller regarding the company and shares

4. Completion Requirements: Detailed list of documents and actions required at completion

5. Encumbrances: List of any existing encumbrances on the shares

6. Required Consents: List of third party consents required for the transfer

7. Completion Accounts: Format and requirements for any completion accounts

8. Share Certificate: Copy of share certificate(s) being transferred

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Australia

Publisher

Genie AI

Document Type

Transfer Agreement

Cost

Free to use
Clauses
Relevant Industries

Financial Services

Professional Services

Technology

Manufacturing

Retail

Healthcare

Real Estate

Mining and Resources

Agriculture

Construction

Transportation and Logistics

Education

Telecommunications

Energy

Media and Entertainment

Relevant Teams

Legal

Finance

Corporate Secretariat

Compliance

Corporate Governance

Mergers & Acquisitions

Executive Leadership

Investment

Business Development

Share Registry

Risk Management

Relevant Roles

Corporate Lawyer

Company Secretary

Chief Financial Officer

Legal Counsel

Managing Director

Chief Executive Officer

Commercial Director

Finance Director

Corporate Governance Manager

Compliance Officer

Transaction Manager

Investment Manager

Business Development Manager

Share Registry Officer

Company Director

Financial Controller

Mergers & Acquisitions Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Assignment In Lease Agreement

An Australian law-governed agreement that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord consent.

find out more

Assignment Of Membership Interest

An Australian legal document facilitating the transfer of business membership interests from one party to another, governed by federal and state legislation.

find out more

Confirmatory Patent Assignment

An Australian legal document confirming a previous patent rights transfer between parties, including detailed patent information and ownership warranties.

find out more

Money Transfer Contract

An Australian law-governed agreement for money transfer services, ensuring regulatory compliance and defining service terms.

find out more

Transfer Of Service Agreement

An Australian legal agreement governing the transfer of services between providers, ensuring compliant transition of operations, personnel, and obligations.

find out more

Transfer Copyright Ownership Contract

An Australian law-compliant agreement that transfers full copyright ownership from one party to another, including all associated rights and obligations.

find out more

Transfer Agency Agreement

An Australian-law governed agreement between a company and transfer agent for managing shareholder records and securities transfers, complying with local regulatory requirements.

find out more

Employee Transfer Agreement

An Australian law-compliant agreement facilitating the transfer of employment between employers while preserving employee rights and entitlements.

find out more

Car Ownership Transfer Agreement

An Australian legal agreement documenting the transfer of vehicle ownership between parties, ensuring compliance with federal and state vehicle transfer requirements.

find out more

Business Asset Transfer Agreement

An Australian law agreement governing the transfer of business assets between entities, detailing terms, conditions, and completion requirements.

find out more

Technology Transfer Contract

An Australian law-governed agreement for transferring technology, IP rights, and technical know-how between parties, including implementation and commercial terms.

find out more

Source Code Transfer Agreement

An Australian law-governed agreement for transferring ownership and rights of software source code between parties, including delivery and acceptance provisions.

find out more

Simple Business Sale Agreement

An Australian legal agreement for the straightforward sale and purchase of a business, outlining key terms and conditions of the transfer.

find out more

Real Estate Transfer Agreement

An Australian legal document facilitating property ownership transfer between parties, compliant with federal and state property laws.

find out more

Partial Assignment Of Lease

An Australian legal document that enables the transfer of part of a lease's rights and obligations from an existing tenant to a new tenant while maintaining some rights with the original tenant.

find out more

Note Transfer Agreement

An Australian law-governed agreement facilitating the transfer of notes or debt instruments between parties, ensuring regulatory compliance and protecting all parties' interests.

find out more

Interest Transfer Agreement

An Australian law-governed agreement facilitating the transfer of legal or beneficial interests between parties, compliant with federal and state regulations.

find out more

Business Sales Agreement Contract

An Australian law-governed agreement documenting the terms and conditions for the sale and purchase of a business, including assets, obligations, and warranties.

find out more

Asset Transfer Agreement Between Related Companies

Australian-law agreement for transferring assets between related companies within the same corporate group, ensuring regulatory compliance and proper documentation of intra-group transfers.

find out more

Facility Transfer Agreement

An Australian law agreement governing the transfer of facility rights and obligations between financial institutions, ensuring regulatory compliance and proper transfer mechanics.

find out more

Assignment Of Interest Agreement

An Australian law-compliant agreement for the formal transfer of rights, interests, or property from an Assignor to an Assignee.

find out more

Promissory Note Transfer Agreement

An Australian law-governed agreement that documents the transfer of a promissory note from one party to another, including terms, conditions, and completion requirements.

find out more

Software Ownership Transfer Agreement

An Australian law-governed agreement for transferring complete ownership rights of software from one party to another, including all associated intellectual property and assets.

find out more

Simple Real Estate Purchase Agreement Between Family Members

An Australian-compliant real estate purchase agreement specifically designed for property transfers between family members, incorporating standard sale elements with family-specific considerations.

find out more

Simple IP Assignment Agreement

An Australian-law governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance with Australian IP regulations.

find out more

Intra Company Agreement

An Australian-law governed agreement that formalizes arrangements and relationships between related entities within a corporate group.

find out more

Technology Sharing Agreement

An Australian law-governed agreement establishing terms for sharing proprietary technology between parties, including IP rights, implementation requirements, and security measures.

find out more

Operations Transfer Agreement

An Australian law-governed agreement facilitating the transfer of business operations, assets, and responsibilities between entities.

find out more

Intercompany Assignment Agreement

An Australian law agreement governing the temporary assignment of employees between related companies, establishing terms, conditions, and responsibilities of all parties.

find out more

Unit Transfer Agreement

An Australian law-governed agreement facilitating the transfer of units in a unit trust between parties, including terms, conditions, and regulatory compliance requirements.

find out more

Trademark Transfer Agreement

An Australian law-governed agreement for transferring trademark ownership, including all associated rights and obligations under the Trade Marks Act 1995.

find out more

Simple Transfer Of Ownership Agreement

An Australian law-compliant agreement facilitating the transfer of ownership of property or assets between parties, with clear terms and warranties.

find out more

Personal Property Transfer Agreement

An Australian law-governed agreement facilitating the formal transfer of personal property between parties, ensuring legal compliance and protection of interests.

find out more

Intra Group Transfer Agreement

An Australian-law governed agreement for transferring assets, employees, or operations between entities within the same corporate group.

find out more

Capital Transfer Agreement

An Australian-law governed agreement that documents and facilitates the transfer of capital between entities, ensuring regulatory compliance and defining transfer terms.

find out more

Assignment Of Lease From Seller To Buyer

An Australian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, subject to landlord's consent and state property laws.

find out more

Transfer Payment Agreement

An Australian law-governed agreement establishing terms and conditions for structured payments between parties, including payment details, obligations, and compliance requirements.

find out more

Franchise Transfer Agreement

An Australian law-governed agreement facilitating the transfer of franchise rights and obligations between franchisees, ensuring compliance with the Franchising Code of Conduct.

find out more

Wire Transfer Agreement

An Australian-compliant agreement governing the terms and conditions for wire transfer services between a financial institution and its customers.

find out more

Partnership Transfer Agreement

An Australian law-governed agreement facilitating the transfer of partnership interests, including terms, conditions, and obligations of all involved parties.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now