Share Purchase Agreement Draft

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d. Necessary notifications must be submitted to the Registrar of Companies to report changes in the company`s management and participation in accordance with the provisions of the 2013 Companies Act. 5.1 Subject to the arrival of the diploma or closure under this agreement, the purchaser (“indemnity persons”) undertakes in solidarity to compensate the sellers, the company and their directors, senior executives, agents, agents and employees (“decided persons”) of and against all claims, Debts, shares, procedures, receivables, losses, costs, taxes, damages and expenses that may be collected or incurred by the compensated persons or are the direct consequence of such or such contracts resulting from the commercial activity or the sale/transfer of the sale shares from the date of execution of this contract until the full transfer of the shares to the purchasers of which they are created or related to them. A share purchase agreement also contains payment details, z.B if a down payment is required when the full payment is due, and the closing date of the agreement. 4. All payments are made in the form of a certified cheque, transfer or bank project from immediately available funds. In the event of a direct transfer, the seller will provide the buyer with the account data at least 5 business days before the closing date. E. The buyer assumes all the responsibilities and responsibilities for costs/sinisters with respect to the company, the shares of the sale and the activities of the company from the date of its creation. Through a share purchase agreement, the buyer replaces the seller. Below you will find the proposed format for the share purchase contract. It can be modified to meet the requirements. E.

In light of compliance with the requirements of the above sub-clause (a) to d), the Company continues to update the legal records in order to account for the change in the composition of the board of directors and the transfer of the legitimate and economic beneficiary of the sale shares and returns to the purchasers the shares of origin duly confirmed. one. The purchaser is not recognized as an issuer, insider, partner or partner of the company, as defined or recognized by applicable securities laws and regulations.

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