A share purchase agreement (SPA), also known as a share purchase agreement, is a contract signed by both the company (or the shareholders of a company) and the purchasers of the stock. This agreement protects both the company and the buyers. The agreement itself defines the sale of shares in a company and what is acquired. It can be an excellent tool for companies that offer stock options and ensure that shares can be redeemed by the company if an employee does not stay with the company. III. Delivery. The buyer and seller agree to exchange the total price of the share certificates at the same time on 20 – Use our share purchase agreement (SPA) to register the purchase of shares and protect buyers and sellers. What is a share purchase agreement? A share purchase agreement is an essential legal contract that documents the specific details of an agreement between the purchaser of shares and the seller and protects both parties to the transaction. PandaTip: These statements are all guarantees of the seller: (a) means that the company was officially founded and exists; (b) means that there are no problems between the company and the state in which it was created and that all current requirements have been met; © means that there are no ongoing or ongoing disputes with the company; (d) means that the seller is the sole owner of the shares; (e) means that there are no legal restrictions on the shares and that the purchaser will own them at the end of the transfer without these restrictions; (f) means that the seller is allowed to sell the shares without agreement with another person or company; and (g) means that the seller has not entered into agreements with others granting other rights to the shares. There is no scenario in which the sale of shares would be wise without this agreement. ☐ seller has permission to ` The officer`s signature is below. The reality is that if you sell shares in your company, there is no scenario in which it is a good idea not to create a share purchase contract. CONSIDERING that the seller holds [number] shares [TYPE] of shares that [percentage] of the outstanding shares in [COMPANY NAME], of a company [STATE] (the “company”); and when the common shares are delivered to the holder of common shares, the ordinary shareholder, unless otherwise stated by the Board of Directors or the committee, has all the rights of a shareholder on those shares, including the right to receive all dividends and other distributions paid or paid in connection with the stock of interest.