Document background
The Assignment of Shares Agreement is a crucial document used in Swiss corporate transactions when ownership of shares needs to be transferred between parties. It is commonly used in various scenarios including corporate restructuring, investment rounds, exit transactions, or family succession planning. The agreement must comply with Swiss law requirements, particularly the Swiss Code of Obligations and relevant commercial registry regulations. The document typically includes detailed information about the shares being transferred, the parties involved, purchase price, warranties, and completion mechanics. It serves multiple purposes: documenting the transfer terms, protecting both parties' interests, ensuring compliance with Swiss corporate law requirements, and providing necessary information for updating official records. The agreement's format and content may vary depending on whether the company is private or public, the type of shares being transferred, and any existing shareholders' agreements or articles of association restrictions.
