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1. Parties: Identification of the seller(s), purchaser(s), and the corporation whose shares are being sold
2. Background: Recitals explaining the context of the transaction, including current shareholding and intention to sell
3. Definitions and Interpretation: Defined terms used throughout the agreement and interpretation rules
4. Sale and Purchase: Core transaction terms including number of shares, price, and payment terms
5. Conditions Precedent: Conditions that must be met before the sale becomes binding
6. Completion: Details of the closing process, timing, and deliverables
7. Seller's Warranties: Representations and warranties about the shares, company, and seller's capacity
8. Purchaser's Warranties: Representations and warranties about the purchaser's capacity and authority
9. Pre-Completion Obligations: Obligations of parties between signing and completion
10. Confidentiality: Provisions regarding confidential information and announcements
11. Notices: Process for giving formal notices under the agreement
12. General Provisions: Standard boilerplate clauses including governing law, assignment, and amendments
1. Tax Covenants: Specific tax-related warranties and indemnities - used in larger transactions or where tax exposure is significant
2. Non-Competition: Restrictions on seller's future business activities - used when seller might compete with the business
3. Earn-out Provisions: Structure for additional payments based on future performance - used when price includes contingent elements
4. Employee Matters: Provisions dealing with key employees or management - used when employment arrangements are material
5. Regulatory Compliance: Specific provisions for regulatory approvals - used when transaction requires regulatory clearance
6. Transitional Services: Arrangements for post-completion support - used when seller needs to provide ongoing assistance
7. Tag-Along/Drag-Along Rights: Rights for partial sales affecting other shareholders - used in partial stake sales
8. Break Fee: Compensation if deal fails - used in larger transactions with significant due diligence costs
1. Share Details: Details of the shares being sold including share certificates and class rights
2. Purchase Price Calculation: Detailed methodology for calculating the final purchase price
3. Completion Obligations: Detailed list of documents and actions required at completion
4. Warranties: Detailed warranties about the business and its operations
5. Company Information: Key details about the company including corporate information and material contracts
6. Encumbrances: List of any existing charges or encumbrances on the shares
7. Disclosed Documents: List of documents provided during due diligence
8. Form of Resignation Letters: Template resignation letters for outgoing directors
9. Form of Share Transfer Form: Template share transfer documentation
10. Required Consents: List of third-party consents required for the transaction
Accounts
Affiliate
Agreement
Articles of Incorporation
Business
Business Day
Closing
Closing Date
Company
Completion
Completion Date
Confidential Information
Consideration
Control
Director
Disclosed
Disclosure Letter
Effective Date
Encumbrance
Financial Statements
Governmental Authority
Group
Intellectual Property Rights
Law
Liabilities
Losses
Material Adverse Change
Material Contract
Notice
Ordinary Course of Business
Parties
Permitted Encumbrances
Person
Purchase Price
Purchaser
Related Party
Relevant Authority
Sale Shares
Securities Act
Seller
Share Capital
Shares
Signing Date
Subsidiaries
Tax
Tax Authority
Tax Returns
Transaction
Transaction Documents
Warranties
Working Day
Purchase Price
Payment Terms
Conditions Precedent
Completion
Pre-Completion Obligations
Post-Completion Obligations
Seller Warranties
Purchaser Warranties
Company Warranties
Tax Covenants
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Regulatory Compliance
Share Transfer
Board Composition
Representations
Disclosure
Due Diligence
Price Adjustment
Earn-Out
Break Fee
Force Majeure
Assignment
Governing Law
Dispute Resolution
Notices
Amendment
Waiver
Severability
Entire Agreement
Third Party Rights
Further Assurance
Costs
Announcements
Data Protection
Power of Attorney
Termination
Survival
Technology
Manufacturing
Financial Services
Real Estate
Healthcare
Retail
Professional Services
Energy
Mining
Transportation
Agriculture
Construction
Media and Entertainment
Telecommunications
Legal
Finance
Corporate Development
Mergers & Acquisitions
Compliance
Board of Directors
Executive Leadership
Corporate Secretariat
Tax
Treasury
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
General Counsel
Company Secretary
Managing Director
Board Director
Chief Legal Officer
Investment Manager
Corporate Development Director
Finance Director
Compliance Officer
Business Development Director
Mergers & Acquisitions Manager
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