Share Purchase Agreement Template Malaysia

5.14 This share transfer contract can be executed either as an original or in addition to a pendant. 5.12 This share transfer agreement may be carried out in more than one language between the parties and, in the event of a conflict between the various translations of this share transfer agreement, the English version prevails. 5.16 The assignor presents himself irrevocably and undertakes to compensate and compensate the purchaser for any loss resulting from a breach of the guarantees or other conditions of this share transfer agreement. The assignor is the registered holder of these shares or shares pursuant to Schedule A (the “shares”). PandaTip: Add the fees here. If the shares are transferred as a gift, then you should list $10 as a cost. This is because, in many states and countries, a contract requires some prejudice or loss on behalf of both parties (even if it is a nominal amount). The document requires important information, such as the parties to the transaction. B, stock description, purchase price (counterpart), parties` guarantees and guarantees, pre-compliance and post-completion requirements.

PandaTip: You can start the pages of this agreement to make sure the calendar can`t be changed later. PandaTip: This schedule should include all shares or shares transferred as part of this share transfer agreement. When shares or shares are transferred to more than one company, they should have their own line in a table such as the one below. They should present the transferred actions in the most detailed way possible. Try to include the class of shares, the face value of the shares and their payment. Here are a few examples: 5.8 Each party hereafter assures that it does not take any action that could affect, obstruct or alter the obligations of the other party under this share transfer agreement. 4. RESULTS OF THE FORMALITÉ IT is agreed that if the planned transfer of shares will not be effective due to a lack of formalities (including, but not only the incorrect registration of the transfer in the company`s registers or following a refusal by the directors of the company whose shares are transferred), the transfer of all economic shares of the shares by the creation of a trust in favour of the beneficiary in which the shares form the subject, and the assignor is the agent.

5.13 In the event that a clause (or part of a clause) is found to be unlawful or invalidated by a competent court or other legal authority, this has only the effect of nullity and absence of that clause (or part of a clause) and will not invalidate that share transfer contract entirely. 5.10 Unless the text of a clause and the entire share transfer contract indicate that a specific clause must mean something other than: all words that are only in the singular are considered plural (and vice versa) and all words indicated in a given sex are considered to be all sexes and all terms that refer to any form of person or person , are considered to be both legal entities (for example. B companies) and individuals (and vice versa).

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