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1. Parties: Identification of the Seller(s), Buyer(s), and the Company whose shares are being sold
2. Background: Recitals explaining the context of the transaction and the parties' intentions
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including the number of shares, purchase price, and payment terms
5. Conditions Precedent: Conditions that must be satisfied before completion of the transaction
6. Completion: Details of when, where, and how the transfer will be completed, including actions required at completion
7. Seller's Warranties: Warranties regarding the shares, the company, and the seller's capacity to sell
8. Buyer's Warranties: Warranties regarding the buyer's capacity and authority to purchase
9. Limitations on Liability: Limitations on the parties' liability under the warranties and indemnities
10. Confidentiality: Obligations regarding confidential information and announcements
11. Notices: Process for giving formal notices under the agreement
12. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement
13. Execution: Signature blocks and execution formalities
1. Pre-Completion Covenants: Used when there's a gap between signing and completion, specifying how the business should be operated during this period
2. Post-Completion Covenants: Used when specific obligations need to be fulfilled after completion, such as non-compete provisions
3. Tax Covenants: Detailed tax-related provisions, particularly important for larger transactions or where tax risks are identified
4. Employee Matters: Used when specific arrangements for key employees need to be addressed
5. Regulatory Compliance: Required when the transaction needs specific regulatory approvals or compliance measures
6. Foreign Investment Provisions: Required when the buyer is a foreign entity, addressing NIPC requirements
7. Break Fee: Used in larger transactions to specify compensation if the deal fails under certain circumstances
8. Earn-out Provisions: Used when part of the purchase price is contingent on future performance
1. Share Details: Details of the shares being transferred, including share certificates and shareholder information
2. Purchase Price Calculation: Detailed breakdown of the purchase price and any adjustments
3. Completion Obligations: Detailed list of documents and actions required at completion
4. Warranties: Detailed warranties about the company and its business
5. Company Information: Key details about the company including corporate information, assets, and liabilities
6. Encumbrances: List of any existing encumbrances on the shares or company assets
7. Material Contracts: List and details of the company's material contracts
8. Property: Details of any real property owned or leased by the company
9. Intellectual Property: Schedule of company's intellectual property rights
10. Disclosure Letter: Seller's disclosures against the warranties
Board
Business Day
Buyer
CAC
CAMA
Completion
Completion Date
Conditions Precedent
Confidential Information
Consideration
Disclosure Letter
Encumbrance
Group
Intellectual Property Rights
Long Stop Date
Loss
Material Adverse Change
Material Contracts
NIPC
Parties
Purchase Price
Sale Shares
SEC
Seller
Seller's Warranties
Shares
Signing Date
Stamp Duties Act
Subsidiaries
Target Company
Tax
Transaction Documents
Transfer
Warranties
Working Capital
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Seller's Warranties
Buyer's Warranties
Limitations on Liability
Tax Covenants
Indemnification
Non-Competition
Confidentiality
Announcements
Data Protection
Force Majeure
Assignment
Costs
Notices
Stamp Duty
Further Assurance
Severability
Variation
Waiver
Entire Agreement
Third Party Rights
Counterparts
Governing Law
Jurisdiction
Dispute Resolution
Financial Services
Manufacturing
Technology
Real Estate
Energy
Healthcare
Agriculture
Telecommunications
Mining
Retail
Professional Services
Construction
Education
Transportation
Media and Entertainment
Legal
Finance
Corporate Development
Mergers & Acquisitions
Investment
Compliance
Risk Management
Corporate Secretariat
Strategy
Board of Directors
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Corporate Lawyer
Investment Banker
Company Secretary
Managing Director
Finance Director
Mergers & Acquisitions Manager
Corporate Development Manager
Business Development Director
Investment Manager
Private Equity Manager
Venture Capital Manager
Risk Manager
Compliance Officer
Board Director
Corporate Strategy Manager
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