G. The parties now wish to mutually conclude this agreement in order to demonstrate their mutual understanding of the aforementioned purchase by the purchasers of the Shares Sale (hereafter referred to as the “proposed transaction”). The amount of shares held by a shareholder determines their share of the ownership of the company and the payment of the dividend to which they are eligible if the company distributes dividends. A dividend payment is money paid to shareholders and is usually the result of a distribution of a company`s annual profit. A share is a unit of ownership of the company and the number of shares held by the shareholder constitutes its shareholding in the company. This agreement includes a buyer and a seller. The buyer wishes to sell his shares in the company to the buyer. The number of shares and the price dissled would be indicated in the share purchase agreement. Prior to the share purchase agreement, a Memorandum of Understanding is established and the purchaser should perform due diligence to comply with the terms of the Memorandum of Understanding and the share purchase agreement.
The terms of the shareholder should have exactly the same conditions as the MEMORANDUM of Understanding. If there is a case of misrepresentation of guarantees and responsibilities, then it will be in good justice and the remedy or seller must reimburse the buyer for the same. It is considered a less complicated transaction than an asset purchase contract. The share purchase agreement is used when an organization or individual buys or sells the shares of the company with another person or organization. Agreements can be negative or positive and provide each party with a degree of consolation in its past and the proposed measures with respect to the GSB. The buyer also requires the seller to agree on the management of the business between signing and closing. Acts authorized during this period generally require the consent of the purchaser, although the company is, in the meantime, still technically managed by the seller. The drafting of a share purchase agreement depends on the party representing a lawyer. Similarly, the number of insurances and guarantees is changing.