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Contracting tool for people who just want to get things done.
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Share Purchase Agreement – Securely Document and Manage Your Share Transactions
A Share Purchase Agreement (SPA) clearly sets out the terms and conditions of a sale of company shares, protecting the interests of both the buyer and seller. It ensures transparency and provides legal certainty for transactions involving shares.
A Share Purchase Agreement made in Bind includes:
Clear Identification of Shares
Specifies the exact number and type of shares being sold, ensuring clarity and accuracy for both parties.
Purchase Price and Payment
Details the agreed-upon price for shares, payment methods, and conditions for the completion of the sale.
Completion Conditions
Outlines when and how the shares transfer from the seller to the buyer, including the location and method of transfer, providing certainty around timing and expectations.
Warranties and Indemnities
Clearly states assurances from both seller and buyer regarding ownership, authority, and conditions of the shares, protecting each party against unforeseen liabilities or disputes.
Indemnification
Establishes conditions under which each party may be held liable for losses arising from breaches of warranties or obligations.
Costs and Expenses
Clarifies each party's responsibility for their own legal and professional fees, avoiding misunderstandings about transaction costs.
Governing Law and Jurisdiction
Ensures the agreement is legally enforceable under the laws of England and Wales, providing legal security and clarity in resolving disputes.
Bind simplifies the creation, management, and secure eSigning of your Share Purchase Agreement, streamlining your share transactions.
Endless Googling
100s of Ready-To-Use Docs
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From an email to a ready contract in minutes. Every deal, hire, and case is unique. Bind gets it—and handles it. Don’t worry, legal, it follows your playbook!
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