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1. Parties: Identification of the seller(s), purchaser(s), and the target company
2. Background: Context of the transaction and current ownership structure
3. Definitions and Interpretation: Definitions of key terms and interpretation rules
4. Sale and Purchase of Shares: Core transaction terms including number of shares, price, and payment terms
5. Conditions Precedent: Conditions that must be satisfied before completion
6. Pre-Completion Obligations: Parties' obligations between signing and completion
7. Completion: Mechanics of closing the transaction, including timing and deliverables
8. Seller's Representations and Warranties: Warranties regarding share ownership, authority to sell, and company status
9. Company Representations and Warranties: Warranties about the company's business, assets, and liabilities
10. Purchaser's Representations and Warranties: Warranties regarding authority to purchase and financial capacity
11. Indemnification: Provisions for compensation in case of breach of warranties or covenants
12. Confidentiality: Obligations regarding transaction and company information
13. Announcements: Rules for public statements about the transaction
14. Governing Law and Jurisdiction: Choice of Indian law and dispute resolution mechanisms
15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Tag-Along Rights: Used when minority shareholders need protection to sell their shares alongside majority shareholders
2. Drag-Along Rights: Included when majority shareholders want the right to force minority shareholders to join in a sale
3. Non-Competition: Added when sellers need to be restricted from competing post-sale
4. Regulatory Approvals: Required when the transaction needs specific regulatory clearances
5. Employee Matters: Included when there are specific arrangements regarding key employees
6. Tax Matters: Added when specific tax arrangements or indemnities are needed
7. Foreign Investment Compliance: Required for transactions involving foreign investors
8. Earn-out Provisions: Used when part of the purchase price is contingent on future performance
1. Details of the Shares: Complete description of shares being transferred including share certificate numbers
2. Company Information: Details of the target company including corporate information and capital structure
3. Warranties: Detailed warranties about the company and its business
4. Disclosure Schedule: Exceptions and qualifications to the warranties
5. Material Contracts: List and copies of important company contracts
6. Intellectual Property: Details of company's IP rights and registrations
7. Properties: List of company's real estate and leased properties
8. Employee Information: Details of key employees and benefit plans
9. Completion Deliverables: List of documents and actions required at completion
10. Form of Share Transfer Deed: Template for executing the share transfer
Affiliate
Agreement
Applicable Law
Board
Business
Business Day
Closing
Closing Date
Company
Completion
Conditions Precedent
Confidential Information
Consideration
Control
Disclosed
Disclosure Letter
Effective Date
Encumbrance
Financial Statements
Financial Year
Governmental Authority
Group
INR
Intellectual Property Rights
Law
Liabilities
Long Stop Date
Loss
Material Adverse Effect
Material Contracts
Ordinary Course of Business
Parties
Person
Purchase Price
Purchaser
RBI
Related Party
Relevant Period
Representatives
ROC
Sale Shares
SEBI
Seller
Shareholders
Shares
Stamp Duty
Subsidiaries
Target Company
Tax
Tax Authority
Third Party
Transaction
Transaction Documents
Transfer
Warranties
Working Capital
Definitions
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion Mechanics
Post-Completion Obligations
Representations and Warranties
Seller Warranties
Company Warranties
Purchaser Warranties
Indemnification
Confidentiality
Non-Competition
Non-Solicitation
Public Announcements
Tax Matters
Employee Matters
Regulatory Compliance
Foreign Investment
Board Composition
Share Transfer Restrictions
Tag-Along Rights
Drag-Along Rights
Information Rights
Management Rights
Exit Rights
Force Majeure
Term and Termination
Governing Law
Dispute Resolution
Notices
Assignment
Amendment
Waiver
Severability
Entire Agreement
Costs and Expenses
Further Assurance
Counterparts
Technology
Manufacturing
Financial Services
Healthcare
Real Estate
Retail
Energy
Infrastructure
Telecommunications
Professional Services
Education
Media and Entertainment
Pharmaceuticals
Automotive
Agriculture
Legal
Finance
Corporate Development
Mergers & Acquisitions
Compliance
Executive Leadership
Corporate Secretarial
Investment
Business Development
Risk Management
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Investment Banker
Managing Director
Company Secretary
Chief Legal Officer
Business Development Director
Mergers & Acquisitions Director
Corporate Development Manager
Finance Director
Legal Counsel
Compliance Officer
Investment Manager
Private Equity Manager
Transaction Advisory Manager
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