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1. Parties: Identification of the seller(s) and purchaser(s) with complete details
2. Background: Context of the transaction including description of the company whose shares are being sold
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase of Shares: Core transaction terms including number and class of shares being sold
5. Purchase Price: Consideration amount and payment terms
6. Closing: Timing, location, and mechanics of the closing process
7. Seller's Representations and Warranties: Warranties regarding share ownership, authority to sell, and company-related representations
8. Purchaser's Representations and Warranties: Warranties regarding authority to purchase and financial capacity
9. Conditions Precedent: Conditions that must be satisfied before closing
10. Covenants: Pre-closing and post-closing obligations of the parties
11. Indemnification: Terms for compensating parties for losses arising from breaches
12. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for disputes
13. Notices: Process and addresses for formal communications between parties
14. Miscellaneous: Standard boilerplate provisions including amendments, waivers, and severability
1. Third Party Consents: Required when specific third-party approvals are needed for the transfer
2. Escrow Arrangements: Used when part of the purchase price is to be held in escrow
3. Non-compete and Non-solicitation: Included when restrictions on seller's future activities are required
4. Tax Matters: Detailed tax provisions when complex tax implications exist
5. Earn-out Provisions: When part of purchase price is contingent on future performance
6. Foreign Investment Compliance: Required when foreign investors are involved
7. Employee Matters: When specific arrangements for key employees are part of the transaction
8. Regulatory Compliance: When specific regulatory approvals are required
1. Schedule 1 - Share Details: Detailed description of shares being transferred including share certificate numbers
2. Schedule 2 - Company Information: Key details about the company including corporate information and financial statements
3. Schedule 3 - Encumbrances: List of any existing encumbrances on the shares
4. Schedule 4 - Required Consents: List of third-party consents required for the transaction
5. Schedule 5 - Disclosure Schedule: Exceptions to representations and warranties
6. Appendix A - Share Transfer Form: Standard form for share transfer as per Companies Act
7. Appendix B - Board Resolutions: Format of required corporate authorizations
8. Appendix C - Closing Checklist: List of documents and actions required for closing
Affiliate
Board
Business Day
Closing
Closing Date
Company
Companies Act
Competent Authority
Completion
Confidential Information
Consideration
Disclosure Schedule
Effective Date
Encumbrance
Escrow Agent
Escrow Agreement
Financial Statements
Financial Year
Governmental Authority
INR
Intellectual Property Rights
Law
Losses
Material Adverse Effect
Purchase Price
Purchaser
Regulatory Approvals
Related Party
Representations and Warranties
RBI
Sale Shares
SEBI
Seller
Share Capital
Shareholders
Stamp Duty
Subsidiary
Tax
Third Party
Transaction Documents
Transfer
Warranties
Working Hours
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Completion Obligations
Pre-Completion Covenants
Post-Completion Covenants
Representations and Warranties
Seller Warranties
Purchaser Warranties
Company Warranties
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Tax Matters
Regulatory Compliance
Further Assurance
Assignment
Notices
Force Majeure
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Waiver
Costs and Expenses
Third Party Rights
Counterparts
Authority
Termination
Financial Services
Technology
Manufacturing
Real Estate
Healthcare
Retail
Professional Services
Energy
Infrastructure
Telecommunications
Entertainment
Education
Agriculture
Mining
Transportation
Hospitality
Legal
Finance
Corporate Secretarial
Compliance
Corporate Development
Mergers & Acquisitions
Investment Banking
Risk Management
Corporate Affairs
Board Secretariat
Chief Executive Officer
Chief Financial Officer
Company Secretary
Legal Counsel
Corporate Lawyer
Investment Banker
Business Development Manager
Mergers & Acquisitions Director
Corporate Finance Manager
Compliance Officer
Board Director
Managing Director
Private Equity Manager
Investment Manager
Risk Manager
Transaction Advisory Manager
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