Document background
The Sales Of Shares Agreement under Swiss law serves as the primary transaction document for share transfers between parties, whether for partial or complete acquisition of a company. This document is essential when transferring ownership of shares in Swiss companies or in transactions subject to Swiss law. It must comply with the Swiss Code of Obligations and other relevant Swiss legislation, including securities regulations and corporate law requirements. The agreement typically results from extensive negotiations and due diligence, incorporating detailed provisions on purchase price mechanisms, warranties, indemnities, and conditions precedent. It's particularly important to note that Swiss law has specific requirements regarding share transfers, warranty limitations, and formal requirements that must be reflected in the agreement. The document is commonly used in corporate restructurings, investment transactions, and exit scenarios, requiring careful consideration of both Swiss corporate law and commercial practices.
