Ƶ

Share Subscription Agreement for Philippines

Share Subscription Agreement Template for Philippines

A Share Subscription Agreement under Philippine law is a formal contract between a company and an investor (subscriber) documenting the terms and conditions under which the investor will subscribe to new shares in the company. The agreement must comply with the Revised Corporation Code of the Philippines and the Securities Regulation Code, particularly regarding share issuance requirements, foreign ownership restrictions (if applicable), and corporate governance rules. It details the number and class of shares being issued, subscription price, payment terms, representations and warranties, and conditions precedent to closing. The document serves as the legal foundation for the capital investment and establishes the rights and obligations of both the issuing company and the subscriber.

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 Subscription Agreement

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

What is a Share Subscription Agreement?

The Share Subscription Agreement is a crucial document used in Philippine corporate transactions when a company seeks to increase its capital by issuing new shares to investors. This document is essential for both private and public companies engaging in capital raising activities, whether for expansion, working capital, or strategic investment purposes. The agreement must strictly comply with Philippine corporate and securities laws, including the Revised Corporation Code and Securities Regulation Code, particularly regarding share issuance procedures, foreign investment restrictions, and mandatory disclosures. It typically includes detailed provisions on share pricing, payment mechanisms, representations and warranties, and conditions precedent to closing. The document is commonly used in various scenarios including startup funding rounds, private placements, and strategic investments, serving as the primary instrument for documenting the terms of equity investments in Philippine corporations.

What sections should be included in a Share Subscription Agreement?

1. Parties: Identifies the Company issuing the shares and the Subscriber(s), including their complete legal names and addresses

2. Background: Recitals explaining the context of the share subscription, including the Company's current share capital structure and the purpose of the subscription

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Subscription and Payment: Details of the shares being subscribed to, including number, class, and payment terms

5. Consideration: Specifies the subscription price per share and total consideration

6. Conditions Precedent: Conditions that must be satisfied before the subscription becomes effective

7. Closing: Procedures and requirements for completing the subscription, including timing and deliverables

8. Representations and Warranties: Statements of fact and assurances from both the Company and the Subscriber

9. Covenants: Ongoing obligations of the parties post-closing

10. Termination: Circumstances under which the agreement can be terminated and the consequences

11. Confidentiality: Obligations regarding the protection of confidential information

12. Notices: Process for formal communications between parties

13. General Provisions: Standard boilerplate clauses including governing law, amendment procedures, and dispute resolution

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

1. Foreign Ownership Compliance: Required when the subscriber is foreign, detailing compliance with Philippine foreign ownership restrictions

2. Anti-Dilution Rights: Protections for the subscriber against future dilution of their shareholding

3. Tag-Along Rights: Right of the subscriber to join in the sale of shares by other shareholders

4. Pre-emptive Rights: Right of first refusal on future share issuances

5. Board Representation: Rights of the subscriber to appoint directors to the company's board

6. Multiple Closing Mechanics: Required when the subscription will be completed in multiple tranches

7. Drag-Along Rights: Right to force minority shareholders to join in the sale of shares

8. Performance Warranties: Specific warranties about company performance or milestones, typically used in startup investments

What schedules should be included in a Share Subscription Agreement?

1. Schedule 1 - Share Capital Structure: Detailed breakdown of the company's share capital before and after the subscription

2. Schedule 2 - Conditions Precedent Checklist: List of all conditions that must be satisfied before closing

3. Schedule 3 - Closing Deliverables: List of documents and items to be delivered at closing

4. Schedule 4 - Form of Directors' Resolution: Template resolution approving the share issuance

5. Schedule 5 - Form of Secretary's Certificate: Template certificate confirming corporate approvals

6. Schedule 6 - Disclosure Schedule: Exceptions to representations and warranties

7. Schedule 7 - Form of Stock Certificate: Template of the stock certificate to be issued

8. Appendix A - Shareholders' Agreement: If applicable, the agreement governing relationships between shareholders post-subscription

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

Philippines

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions


















































Clauses





































Relevant Industries

Technology

Real Estate

Manufacturing

Financial Services

Retail

Energy

Healthcare

Infrastructure

Telecommunications

Mining

Agriculture

E-commerce

Transportation

Education

Relevant Teams

Legal

Finance

Corporate Secretarial

Compliance

Executive Management

Treasury

Risk Management

Corporate Development

Investment Relations

Board of Directors

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Corporate Secretary

Legal Counsel

Investment Manager

Corporate Lawyer

Finance Director

Compliance Officer

Board Director

Investment Banker

Private Equity Manager

Venture Capital Manager

M&A Director

Treasury Manager

Risk Manager

Company Secretary

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

Non Binding Agreement

A Non-Binding Agreement template under Philippine law for structuring preliminary business discussions and proposed arrangements while maintaining no legal obligations.

find out more

Bilateral Contract (Real Estate)

A Philippine law-compliant bilateral contract for real estate transactions, facilitating legal property transfer between parties with necessary terms and conditions.

find out more

Business Agreement

Template for a Philippine-law compliant business agreement, structured to establish clear commercial relationships while meeting local legal requirements.

find out more

Option Contract (Real Estate)

A Philippine law-governed contract granting exclusive rights to purchase specific real estate property under preset terms and conditions within a defined timeframe.

find out more

Written Agreement For Payment

A legally binding payment agreement under Philippine law that establishes payment terms, schedules, and obligations between parties.

find out more

Land Lease Agreement Form

A Philippine law-compliant agreement establishing terms for leasing land between property owner and tenant, including rental terms, usage rights, and obligations.

find out more

Bilateral Contract

A bilateral contract template compliant with Philippine law, establishing reciprocal obligations between two parties.

find out more

Consignment Agreement Form

A Philippine law-governed agreement establishing terms for consignment sales arrangement between product owner and seller, including commission and inventory management terms.

find out more

General Tenancy Agreement

A Philippine law-compliant agreement establishing terms and conditions for property rental between landlord and tenant.

find out more

Standard Form Contract

A standardized contract template compliant with Philippine law, designed for regular business-to-consumer transactions with pre-set terms and conditions.

find out more

Contract Agreement Form

A comprehensive Contract Agreement Form template compliant with Philippine law, designed for establishing legally binding business relationships.

find out more

Money Agreement Between Two Parties

A comprehensive money lending agreement template compliant with Philippine law, structuring financial transactions between two parties.

find out more

Written Agreement

A formal Written Agreement compliant with Philippine law, establishing legally binding obligations between parties with clear terms and enforcement mechanisms.

find out more

Simple Contract

A straightforward legal agreement governed by Philippine law that establishes basic contractual relationships between parties, ensuring compliance with the Civil Code of the Philippines.

find out more

Side Agreement

A supplementary agreement under Philippine law that modifies or clarifies terms of an existing primary agreement while maintaining compliance with Philippine civil and commercial legislation.

find out more

Mutual Agreement Between Two Parties

A legally compliant template for Mutual Agreements between two parties under Philippine law, suitable for various business relationships.

find out more

Lease Agreement With Option To Purchase

A Philippine law-governed agreement combining property lease terms with a future purchase option, establishing conditions for both temporary use and potential acquisition.

find out more

Incorporation Agreement

A foundational legal document under Philippine law that establishes a new corporation and defines its basic structure, governance, and operational framework.

find out more

Formal Agreement

A binding legal agreement drafted under Philippine law that establishes formal business relationships and obligations between parties.

find out more

Fixed Term Tenancy Agreement

A Philippine law-compliant agreement establishing fixed-term rental terms between landlord and tenant, governed by the Rent Control Act and Civil Code of the Philippines.

find out more

Contract For Selling A Car

A Philippine law-compliant contract for the sale and transfer of ownership of a motor vehicle, including essential terms and conditions for both parties.

find out more

Casual Worker Contract

A Philippine-compliant contract for casual employment arrangements, establishing terms and conditions for temporary or intermittent work relationships.

find out more

Business Transfer Agreement

A Philippine law-governed agreement facilitating the complete transfer of business ownership, assets, and operations between entities, ensuring regulatory compliance and smooth transition.

find out more

Boilerplate Agreement

A versatile Boilerplate Agreement template compliant with Philippine law, designed for various business relationships and transactions.

find out more

Tooling Agreement

A Philippine law-governed agreement establishing terms for industrial tool development, supply, and usage rights between manufacturing parties.

find out more

Service Agreement Terms And Conditions

Philippine-law governed terms and conditions document outlining service provision arrangements between provider and client.

find out more

Representation Agreement

A Philippine law-governed agreement establishing the terms and conditions between a principal and their appointed representative, defining scope, territory, and mutual obligations.

find out more

Provisional Agreement

A temporary contractual arrangement under Philippine law that establishes interim terms and conditions between parties while evaluating longer-term collaboration possibilities.

find out more

Preliminary Agreement

A pre-contractual document under Philippine law that establishes the framework for negotiations and initial terms between parties before finalizing a detailed agreement.

find out more

Notary Rent Agreement

A legally binding rental agreement authenticated by a notary public under Philippine law, establishing terms and conditions between lessor and lessee.

find out more

Non Compete Agreement Between Companies

A Philippine law-governed agreement establishing competitive restrictions between companies, defining scope, duration, and territorial limitations of non-compete obligations.

find out more

Lease With Option To Buy

A Philippine law-governed agreement combining property lease terms with a future purchase option, structured to comply with local real estate and contract laws.

find out more

Land Agreement Between Two Parties

A Philippine law-compliant agreement for the transfer of land ownership between two parties, incorporating all essential legal requirements and protections.

find out more

Contract Agreement Between Two Parties

A bilateral agreement under Philippine law establishing legally binding obligations between two parties, with comprehensive terms and conditions for business relationships.

find out more

Common Terms Agreement

A Philippine law-governed agreement establishing common terms for syndicated lending facilities, standardizing the relationship between multiple lenders and borrower(s).

find out more

Buyer Agency Agreement

A Philippine-law governed agreement establishing a professional relationship between a real estate agent and property buyer, outlining the agent's authority, duties, and compensation terms.

find out more

Statement Of Agreement

A formal document under Philippine law that records mutual understanding and commitments between parties, serving as a simplified yet legally binding agreement.

find out more

Contract For Service And Contract Of Service

A dual-purpose contract template for employment and independent contractor relationships compliant with Philippine law and regulations.

find out more

Preliminary Contract

A Philippine law-governed binding preliminary agreement that establishes the framework and obligations for parties negotiating toward a final contract.

find out more

Key Agreement For Employees

A Philippine-compliant agreement governing the issuance and management of keys/access devices to employees, establishing security protocols and holder responsibilities.

find out more
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