Document background
The Sale And Purchase Agreement Of Shares is a fundamental transaction document used in Switzerland when transferring ownership of company shares between parties. This document is essential in both private and public company contexts, though its application varies based on the transaction size and complexity. It must comply with Swiss law requirements, particularly the Swiss Code of Obligations and relevant corporate regulations. The agreement is typically prepared following detailed due diligence and negotiations, incorporating specific provisions for share transfer mechanics, purchase price adjustments, warranties, and indemnities. It's commonly used in corporate restructurings, exits, acquisitions, and investment transactions, requiring careful consideration of Swiss regulatory requirements, including potential merger control notifications and stock exchange regulations for listed companies. The document serves as the primary evidence of the transaction terms and the parties' obligations, making it crucial for both immediate transaction completion and future reference.
