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Shareholder Transfer Agreement
"I need a Shareholder Transfer Agreement for transferring 30% shareholding in my Dubai-based technology company to a foreign investor, with completion expected by March 2025 and including specific warranties about our intellectual property rights."
1. Parties: Identification of the Transferor, Transferee, and the Company
2. Background: Context of the share transfer, including company details and reason for transfer
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase: Core terms of the transfer including number of shares, price, and payment terms
5. Completion: Details of when and how the transfer will be completed, including required actions
6. Conditions Precedent: Conditions that must be satisfied before the transfer can complete
7. Warranties by Transferor: Warranties regarding ownership, authority to sell, and status of shares
8. Warranties by Transferee: Warranties regarding authority to purchase and compliance with laws
9. Board and Shareholder Approvals: Confirmation of necessary corporate approvals and waiver of pre-emption rights
10. Notarization and Registration: Requirements for UAE legal formalities and registration
11. Confidentiality: Obligations regarding confidential information
12. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction
13. Execution: Signature blocks and execution requirements
1. Tax Matters: Include when there are specific tax implications or requirements for the transfer
2. Security Interest: Include when shares are subject to any existing or new security arrangements
3. Non-Competition: Include when transferor is required to provide non-compete commitments
4. Power of Attorney: Include when any party needs authority to complete post-transfer formalities
5. Break Fee: Include when parties agree to compensation if the transfer fails
6. Regulatory Approvals: Include when specific regulatory approvals are required (e.g., for regulated industries)
7. Employee Matters: Include when transfer affects employment arrangements or employee shares
1. Share Details: Details of shares being transferred including share certificates
2. Company Information: Key company details including registration, address, and capital structure
3. Completion Requirements: Detailed list of documents and actions required for completion
4. Form of Transfer Instrument: Template for share transfer forms required by UAE authorities
5. Corporate Approvals: Copies of board and shareholder resolutions
6. Encumbrances: Details of any existing charges or encumbrances on the shares
7. Payment Details: Bank account and payment mechanism details
Authors
Financial Services
Real Estate
Manufacturing
Technology
Retail
Healthcare
Professional Services
Construction
Hospitality
Energy
Trading
Transportation
Media and Entertainment
Education
Legal
Corporate Secretariat
Finance
Compliance
Corporate Governance
Executive Management
Board of Directors
Mergers & Acquisitions
Corporate Affairs
Investment
Chief Executive Officer
Chief Financial Officer
Legal Director
Corporate Secretary
General Counsel
Managing Director
Board Member
Compliance Officer
Corporate Governance Manager
Investment Manager
Mergers & Acquisitions Director
Legal Counsel
Corporate Affairs Manager
Finance Director
Business Development Director
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