SHARE PURCHASE AGREEMENT

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SHARE PURCHASE AGREEMENT

An agreement between two parties in which the seller agrees to sell the stated number of shares to the buyer at a particular price.

ADVICE ON REQUIREMENTS

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DOCUMENT DRAFTING

The first draft will be shared with you in four days

ITERATIONS

We do two rounds of iterations at no extra cost

WHAT IS A SHARE PURCHASE AGREEMENT?

A share purchase agreement (SPA) is an agreement between 2 parties in which the seller agrees to sell the stated number of shares to the buyer at a particular price. The aim of the document is to prove that the terms of the agreement were mutually agreed upon. Such an agreement specifies the consideration and the number of shares to be sold, the conditions precedent (the authorisations necessary, for example) and covenants by the parties. The shares will be allotted after this agreement is signed (and on the basis of this agreement).

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Once you send in a request, our representative will get in touch with you to understand your requirements. If further details are required, we will contact you for the same. Once these are in, we will work on the request and send it to you for review within 3 to 4 working days. Feel free to get back to us if you would like any changes.

In case you would like any changes to the agreement, our lawyers will work on them. Two rounds of iterations are included in the original price.

Advantage

Due Diligence

An SPA is an essential business practice when a shareholder is being inducted. While many new businesses take a casual approach to such matters, the absence of such a document can have several undesirable consequences.

Protects Parties

Such a document gives both parties the opportunity to protect their interests before the shares are transferred. Being a comprehensive document, it covers every aspect of the transaction and is crucial for both parties to examine each clause covered in the document and understand its meaning.