Ƶ

Share Security Agreement for Indonesia

Share Security Agreement Template for Indonesia

A comprehensive security agreement governed by Indonesian law that creates and evidences a security interest over shares in an Indonesian company. The document establishes the terms and conditions under which shares are pledged as collateral, typically to secure financial obligations. It incorporates specific requirements under Indonesian law, including mandatory fiducia registration, formal power of attorney provisions, and specific enforcement mechanisms compliant with local regulations. The agreement addresses voting rights, dividend arrangements, and enforcement procedures while ensuring compliance with Indonesian corporate law and security regulations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Share Security Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Share Security Agreement?

The Share Security Agreement is a crucial document in Indonesian secured financing transactions, used when shares in an Indonesian company are provided as collateral for financial obligations. It must comply with specific requirements under Indonesian law, including the Civil Code and Law No. 40 of 2007 on Limited Liability Companies. The agreement details the creation of the security interest, perfection requirements including mandatory fiducia registration, voting and dividend rights, and enforcement mechanisms. It is commonly used in corporate lending, acquisition financing, and general secured facility arrangements. The document must be executed with certain formalities under Indonesian law and typically requires supporting corporate approvals and registrations. The agreement includes specific provisions required by Indonesian regulations regarding power of attorney, enforcement procedures, and security agent arrangements (if applicable).

What sections should be included in a Share Security Agreement?

1. Parties: Identification of the Pledgor (shareholder), Pledgee (security holder), and the Company whose shares are being pledged

2. Background: Context of the security arrangement, reference to the underlying facility/loan agreement, and purpose of the security

3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including Indonesian law-specific terms

4. Creation of Security: Express creation of the security interest over the shares, including the pledge mechanism under Indonesian law

5. Security Assets: Detailed description of the pledged shares and associated rights

6. Perfection Requirements: Steps required for valid creation and perfection of security under Indonesian law, including registration requirements

7. Representations and Warranties: Pledgor's confirmations regarding ownership, authority, and absence of encumbrances

8. Covenants: Ongoing obligations of the Pledgor regarding the pledged shares

9. Voting Rights and Dividends: Arrangements for exercise of voting rights and receipt of dividends pre and post-enforcement

10. Events of Default: Circumstances triggering enforcement rights

11. Enforcement: Rights and procedures for enforcing the security in accordance with Indonesian law

12. Power of Attorney: Appointment of Pledgee as attorney for enforcement purposes (required under Indonesian law)

13. Miscellaneous: Standard provisions including notices, amendments, and governing law

14. Governing Law and Jurisdiction: Confirmation of Indonesian law governance and jurisdiction arrangements

What sections are optional to include in a Share Security Agreement?

1. Multiple Pledgors: Additional provisions for cases involving multiple shareholders as pledgors

2. Future Shares: Provisions covering additional shares acquired in the future

3. Bank Accounts: Provisions regarding security over dividend payment accounts if required

4. Further Assurance: Additional undertakings to perfect or protect the security interest

5. Security Agent Provisions: Required when the security is held by a security agent for multiple beneficiaries

6. Currency Provisions: Required when dealing with foreign currency considerations

7. Tax Provisions: Detailed tax provisions if significant tax implications are involved

What schedules should be included in a Share Security Agreement?

1. Details of the Parties: Complete corporate information for all parties

2. Details of Shares: Comprehensive description of the pledged shares including share certificates numbers

3. Form of Fiducia Registration Statement: Template for mandatory fiducia registration under Indonesian law

4. Form of Power of Attorney: Template for the required power of attorney in Indonesian format

5. Form of Registration of Pledge in Share Register: Template for recording the pledge in the company's share register

6. Form of Director's Resolution: Template for company's approval of the share pledge

7. Notice Requirements: Forms of notices required under Indonesian law

8. Specimen Share Transfer Forms: Pre-signed transfer forms for enforcement purposes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Security Agreement

Cost

Free to use
Relevant legal definitions












































Clauses



































Relevant Industries

Banking and Financial Services

Investment Management

Private Equity

Corporate Finance

Real Estate

Manufacturing

Technology

Energy

Infrastructure

Mining and Resources

Telecommunications

Retail and Consumer

Healthcare

Relevant Teams

Legal

Finance

Compliance

Risk Management

Corporate Secretarial

Treasury

Investment

Operations

Credit Risk

Corporate Finance

Relevant Roles

Legal Counsel

Corporate Lawyer

Finance Director

Chief Financial Officer

Investment Manager

Corporate Secretary

Compliance Officer

Risk Manager

Transaction Manager

Security Trustee

Loan Officer

Director of Operations

Investment Banker

Private Equity Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Personal Information Confidentiality Agreement

Indonesian law-compliant confidentiality agreement for protecting personal information under the 2022 PDP Law framework.

Download

Security Deposit Agreement

An Indonesian law-governed agreement establishing terms for managing and returning a security deposit between parties, including deposit amount, usage conditions, and return requirements.

Download

Pledge Security Agreement

An Indonesian law-governed security agreement creating a pledge over movable assets while allowing the pledgor to retain possession, subject to Law No. 42 of 1999 on Fiducia Security.

Download

Stock Escrow Agreement

An Indonesian law-governed agreement establishing terms for holding shares in escrow, detailing deposit, release conditions, and party obligations.

Download

Omnibus Loan And Security Agreement

An Indonesian law-governed agreement combining multiple loan facilities and security arrangements in a single integrated document, compliant with Indonesian banking and security regulations.

Download

Security Deposit Contract

An Indonesian law-governed agreement establishing terms for managing and returning security deposits, ensuring protection for both deposit holders and depositors.

Download

Convertible Bond Subscription Agreement

An Indonesian law-governed agreement detailing terms for convertible bond subscription, including investment terms, conversion rights, and regulatory compliance requirements.

Download

Deposit Pledge Agreement

An Indonesian law-governed agreement creating a pledge over bank deposits as security for underlying obligations.

Download

Inventory Security Agreement

An Indonesian law-governed agreement creating security interests over inventory assets, requiring fiducia registration for enforceability.

Download

Stock Pledge Agreement

An Indonesian law-governed agreement creating a pledge over shares as security for obligations, compliant with Indonesian pledge and securities regulations.

Download

Collateral Security Agreement

An Indonesian law-governed agreement establishing security interests over collateral to secure specified obligations, compliant with local fiducia security regulations.

Download

Personal Data Protection Agreement

An Indonesian law-governed agreement establishing data protection obligations between parties processing personal data, ensuring compliance with UU PDP 2022.

Download

Collateral Sharing Agreement

An Indonesian law-governed agreement establishing arrangements between multiple creditors for sharing and managing common security interests and collateral rights.

Download

Stock Lending Agreement

An Indonesian law-governed agreement establishing terms and conditions for securities lending transactions, compliant with OJK regulations and IDX rules.

Download

Stock Issuance Agreement

An Indonesian law-governed agreement detailing the terms and conditions for issuing new shares by a company to specified subscribers, ensuring compliance with local corporate and securities regulations.

Download

Share Security Agreement

An Indonesian law-governed agreement creating security over shares in an Indonesian company, establishing pledge arrangements and enforcement rights in compliance with local regulations.

Download

Third Party Security Agreement

An Indonesian law-governed agreement establishing security over third-party assets to secure a debtor's obligations to a creditor, compliant with Indonesian security and fiduciary laws.

Download

Pledge And Security Agreement

An Indonesian law-governed agreement establishing security interests over assets to secure obligations, subject to Indonesian fiduciary security regulations.

Download

Security Loan Agreement

An Indonesian law-governed agreement for temporary securities transfers between lender and borrower, complying with OJK regulations and capital market requirements.

Download

Agreement For Security Deposit

An Indonesian law-governed agreement establishing terms and conditions for holding, managing, and returning a security deposit between parties.

Download

Security Transfer Agreement

An Indonesian law-governed agreement facilitating the formal transfer of securities between parties, ensuring compliance with local securities regulations and market requirements.

Download

Personal Guarantee Promissory Note

An Indonesian law-governed document combining a promissory note with a personal guarantee, providing creditors with both a debt instrument and third-party security.

Download

Cross Collateral Agreement

An Indonesian law-governed agreement establishing cross-securitization of multiple assets against multiple loan obligations, creating an integrated security structure for lending arrangements.

Download

Asset Pledge Agreement

An Indonesian law-governed security document establishing pledges over assets, compliant with local secured transaction laws and registration requirements.

Download

Intercreditor Agreement

Indonesian law-governed agreement establishing priorities and rights between multiple creditors in a financing arrangement, compliant with local banking and security regulations.

Download

Pledge Of Shares Agreement

An Indonesian law-governed agreement creating a security interest over shares, detailing pledge terms and enforcement rights in compliance with local regulations.

Download

Overnight Reverse Repurchase Agreement

Indonesian law-governed agreement for overnight secured lending transactions through securities sale and repurchase, compliant with Bank Indonesia regulations.

Download

Loan Collateral Agreement

An Indonesian law-governed agreement creating security interests over assets to secure loan obligations, compliant with local security and registration requirements.

Download

Film Investment Contract

An Indonesian law-governed agreement establishing terms and conditions for film project investment, including funding structure, rights, and obligations under Indonesian film and investment regulations.

Download

Collateral Pledge Agreement

An Indonesian law-governed agreement creating security interests over assets as collateral for secured obligations, subject to Indonesian Fiducia Security regulations.

Download

Convertible Debt Agreement

An Indonesian law-governed agreement for convertible debt financing, enabling debt-to-equity conversion under specified conditions.

Download

Share Charge Agreement

An Indonesian law-governed security agreement creating a charge over shares as collateral for financial obligations, subject to OJK regulations and local registration requirements.

Download

Stock Transfer Contract

An Indonesian law-governed agreement for the transfer of shares between parties, complying with Indonesian Company Law requirements and regulations.

Download

Security Sharing Agreement

An Indonesian law-governed agreement establishing arrangements between multiple creditors for sharing security interests, including ranking, enforcement rights, and proceeds distribution.

Download

Stock Exchange Agreement

An Indonesian law-governed agreement between the Indonesia Stock Exchange and trading members establishing rights and obligations for securities trading operations.

Download

Stock Borrowing Agreement

An Indonesian law-governed agreement setting out terms for securities borrowing transactions, complying with OJK regulations and IDX rules.

Download

Reverse Repurchase Agreement

An Indonesian law-governed agreement for reverse repurchase transactions of securities, compliant with Bank Indonesia and OJK regulations.

Download

Contract Of Sale Of Shares

An Indonesian law-governed agreement for the transfer of company shares between parties, complying with Indonesian corporate and investment regulations.

Download

Negative Pledge Agreement

An Indonesian law-governed agreement where a borrower commits not to create security interests over its assets in favor of other parties, protecting unsecured lenders' positions.

Download

Margin Lending Agreement

An Indonesian law-governed agreement establishing terms for margin lending facilities between financial institutions and investors, compliant with OJK regulations.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it