Share Sale Agreement
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At a Glance
Share Sale Agreement
This Share Sale Agreement is a comprehensive precedent for the sale and purchase of shares in a private company. It’s designed for more complex transactions where detailed warranties, restraints, and completion procedures are required to protect both vendor and purchaser.
What This Agreement Covers
• Sale and purchase of shares, title, and beneficial ownership
• Deposit, completion procedures, and stakeholder arrangements
• Vendor warranties and purchaser acknowledgements
• Mutual representations and corporate authorisations
• Purchaser indemnities and vendor guarantees
• Commission provisions, release clauses, and costs
• Confidentiality and non-disclosure obligations
• Comprehensive restraint of trade provisions (non-compete, non-solicitation, enforceability)
• Governing law, severability, and execution clauses
• Schedules for creditors, debtors, guarantees, and work in progress
Why Use This Template?
• Suitable for detailed share transfers involving multiple parties or business assets
• Provides comprehensive warranties and protections for vendors and purchasers
• Includes restraint of trade and confidentiality clauses to safeguard goodwill
• Aligns with Australian commercial and corporate law
• Fully editable and easy to customise for legal practitioners and business clients
Suitable For
This precedent is ideal for lawyers, accountants, or business owners handling share transfers, acquisitions, or restructures where formal warranties, completion steps, and restraint clauses are essential.
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