¶¶Òõ¶ÌÊÓÆµ

Share Transfer Agreement Between Individuals Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Share Transfer Agreement Between Individuals

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

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Share Transfer Agreement Between Individuals

"I need a Share Transfer Agreement Between Individuals for transferring 5,000 ordinary shares in my Nigerian tech startup, with completion scheduled for March 15, 2025, and the agreement needs to include standard warranties and confidentiality provisions."

Document background
The Share Transfer Agreement Between Individuals is a crucial legal document used in Nigeria when one individual wishes to transfer ownership of shares to another individual. This agreement is essential for companies registered under Nigerian law and must comply with the Companies and Allied Matters Act (CAMA) 2020, the Investment and Securities Act 2007, and other relevant regulations. The document is typically used in private company contexts where shares are not publicly traded, and it includes detailed provisions for the transfer process, payment terms, warranties about the shares' status, and completion requirements. It also addresses tax implications, including capital gains tax and stamp duty obligations. The agreement serves as official documentation for the Corporate Affairs Commission and provides legal protection for both the transferor and transferee.
Suggested Sections

1. Parties: Identification of the Transferor and Transferee, including full legal names and addresses

2. Background: Context of the transfer, including details of the Company whose shares are being transferred

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core terms of the transfer, including number and class of shares being transferred

5. Consideration: Purchase price and payment terms for the shares

6. Completion: Details of when and how the transfer will be completed, including delivery of share certificates and payment

7. Transferor's Warranties: Warranties regarding ownership, authority to sell, and status of the shares

8. Transferee's Warranties: Warranties regarding authority to purchase and compliance with relevant laws

9. Tax Matters: Responsibilities for capital gains tax and stamp duty payments

10. Confidentiality: Obligations to keep the transfer and its terms confidential

11. Notices: Process for serving notices under the agreement

12. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

13. Entire Agreement: Confirmation that the agreement represents the entire understanding between parties

14. Execution: Signature blocks and execution formalities

Optional Sections

1. Pre-emption Rights Waiver: Required if other shareholders have pre-emption rights that need to be waived

2. Regulatory Approvals: Required if the transfer needs specific regulatory approvals

3. Non-competition: Used when the transferor needs to be restricted from competing post-transfer

4. Third Party Consents: Required if any third party consents are needed for the transfer

5. Post-Completion Obligations: Used when there are specific actions required after completion

6. Break Fee: Used when parties want to specify compensation if the transfer fails

7. Tag-Along Rights: Required if other shareholders have tag-along rights that need addressing

Suggested Schedules

1. Schedule 1 - Details of the Company: Company information including registration number, registered office, directors, and share capital structure

2. Schedule 2 - The Shares: Detailed description of the shares being transferred, including share certificate numbers

3. Schedule 3 - Warranties: Detailed list of warranties given by the Transferor

4. Schedule 4 - Completion Requirements: Detailed list of documents and actions required for completion

5. Appendix A - Share Transfer Form: The statutory form required for share transfer in Nigeria

6. Appendix B - Board Resolution: Copy of board resolution approving the transfer (if required)

7. Appendix C - Waiver Letters: Copies of any waiver letters from other shareholders (if applicable)

Authors

Alex Denne

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

Relevant legal definitions



























Clauses



























Relevant Industries

Financial Services

Technology

Manufacturing

Real Estate

Retail

Professional Services

Healthcare

Agriculture

Energy

Telecommunications

Construction

Education

Transportation

Mining

Entertainment

Relevant Teams

Legal

Corporate Secretariat

Finance

Compliance

Corporate Governance

Tax

Executive Leadership

Investment

Treasury

Shareholder Relations

Relevant Roles

Company Secretary

Legal Counsel

Corporate Lawyer

Managing Director

Chief Executive Officer

Chief Financial Officer

Legal Director

Compliance Officer

Corporate Governance Officer

Finance Manager

Investment Manager

Board Director

Shareholder Relations Manager

Tax Advisor

Company Registrar

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

Share Transfer Deed Form

A legal document under Nigerian law that facilitates and records the transfer of company shares from a seller to a buyer.

find out more

Form For Share Transfer In A Private Limited Company

A legally compliant form for transferring shares in private limited companies under Nigerian law, meeting CAMA 2020 requirements and CAC regulations.

find out more

Share Transfer Form Private Company

A legally binding document used in Nigeria for transferring ownership of shares in a private company, compliant with CAMA 2020 requirements.

find out more

Share Transfer Agreement Between Individuals

A Nigerian law-governed agreement for transferring shares between individual shareholders, ensuring compliance with CAMA 2020 and protecting both parties' interests.

find out more

Physical Share Transfer Form

A legal form used in Nigeria for transferring physical shares between parties, compliant with CAMA 2020 requirements.

find out more

Shareholder Transfer Form

A Nigerian law-compliant document that formally records and executes the transfer of shares between a current shareholder and a new shareholder.

find out more

Share Transfer Agreement Private Company

A Nigerian law-governed agreement facilitating the transfer of shares between parties in a private company, ensuring compliance with CAMA 2020 and related regulations.

find out more

Dematerialization Form

A Nigerian regulatory document used to convert physical share certificates into electronic format in compliance with SEC and CSCS requirements.

find out more

Stock Transfer Certificate

A Nigerian law-compliant document that evidences and effects the legal transfer of shares from one party to another, including share details and consideration.

find out more

Transfer Of Stock Ownership Form

A legal form compliant with Nigerian law (CAMA 2020) for documenting and executing the transfer of shares between parties.

find out more

Sale Of Shares Form

A Nigerian law-governed agreement documenting the sale and transfer of company shares between parties, ensuring compliance with CAMA 2020 and relevant regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

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

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.