Assignment Of Shares Agreement Template for Indonesia

1. Conditions Precedent: Used when completion is subject to certain conditions being satisfied, such as regulatory approvals or third-party consents

2. Staged Completion: Required when the transfer will occur in multiple stages or tranches

3. Non-Competition and Non-Solicitation: Included when the Assignor needs to be restricted from competing or soliciting employees/customers

4. Break Fee: Used when parties want to specify damages for failure to complete the transfer

5. Earn-out Provisions: Required when part of the consideration is contingent on future performance

6. Foreign Investment Compliance: Needed when the Assignee is a foreign investor, addressing compliance with Indonesian foreign investment laws

7. Director Resignations: Required when the share transfer also involves changes in company management

1. Details of the Shares: Specific details of shares being transferred including share certificates numbers, class, and nominal value

2. Form of Transfer Instrument: Template of the formal share transfer deed required under Indonesian law

3. Company Information: Details of the Company including registration number, registered office, and current shareholding structure

4. Completion Checklist: List of all documents and actions required for completion

5. Required Regulatory Approvals: List of necessary government or regulatory approvals

6. Existing Encumbrances: Details of any existing charges or encumbrances on the shares

7. Form of Corporate Approvals: Templates of required corporate approvals including shareholder resolutions and board minutes