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Share Transfer Agreement Between Individuals

oboloo Glossary

Share Transfer Agreement Between Individuals

A Share Transfer Agreement Between Individuals is a legally binding contract between two parties (the “transferor” and the “transferee”) that outlines the details of how a transfer of ownership of a particular shares will take place. This type of agreement is typically used when two individuals have agreed to sell their shares in a company, or when one individual wishes to buy all or part of another person’s shareholding. The agreement will outline the exact terms and conditions of the transfer, such as the number of shares being transferred and the price per share. It also covers the responsibilities of each party – from payment schedules and due diligence requirements, to confidentiality clauses and representations and warranties. By signing a Share Transfer Agreement, both parties can be assured that their interests are protected and that their rights regarding ownership of the shares have been formally documented.

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