A Share Exchange Agreement is a legal contract between two or more parties that sets out the specific terms under which an entity’s common shares can be exchanged for those of another organization. This type of agreement usually outlines how the exchange will be structured, when it will occur, and what criteria must be met in order to complete the transaction. The main purpose of this document is to ensure that all parties involved are on the same page with regards to the financial implications of the deal. It also helps create clarity and protect the interests of both buying and selling entities by detailing the exact framework of the exchange.