¶¶Òõ¶ÌÊÓƵ

The Agreement For Sale Of Shares is a crucial legal document used in Qatar for transferring ownership of shares in a company from one party to another. This agreement is essential for both private and public company transactions, requiring careful consideration of Qatar Commercial Companies Law and related regulations. It is typically used in scenarios including complete or partial business acquisitions, corporate restructuring, investment transactions, and exit arrangements. The document must comply with Qatar's legal framework while addressing key commercial aspects such as share valuation, payment terms, warranties, and regulatory approvals. It includes comprehensive provisions protecting both parties' interests, ensuring proper due diligence, and establishing clear completion mechanisms. The agreement's structure and content must consider specific requirements under Qatar law regarding share transfers, foreign ownership restrictions, and corporate governance obligations.

1. Parties: Identifies and provides full details of the Seller(s) and Buyer(s), including registration details for corporate entities

2. Background: Describes the company whose shares are being sold, the current ownership structure, and the intention to sell and purchase the shares

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out rules for interpreting the agreement

4. Sale and Purchase: Details the exact shares being sold, purchase price, and basic transaction structure

5. Purchase Price and Payment: Specifies the amount, currency, payment method, and timing of payments

6. Conditions Precedent: Lists conditions that must be satisfied before completion of the sale

7. Pre-Completion Obligations: Details what each party must do between signing and completion

8. Completion: Specifies the completion date, location, and actions required at completion

9. Seller's Warranties: Lists representations and warranties given by the seller regarding the shares and the company

10. Buyer's Warranties: Contains warranties given by the buyer, including capacity to purchase and funding availability

11. Limitations on Claims: Sets out limitations on warranty claims including time limits and financial thresholds

12. Confidentiality: Obligations regarding confidential information and announcements

13. Notices: Specifies how formal notices under the agreement should be given

14. Governing Law and Jurisdiction: Confirms Qatar law as governing law and specifies jurisdiction for disputes

15. General Provisions: Contains standard boilerplate provisions including entire agreement, variations, and severability