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The Agreement For Transfer Of Shares is a crucial document used in Qatar for executing share transfers between parties in compliance with local laws and regulations. This agreement is required whenever there is a transfer of ownership of shares in a Qatar-registered company, whether the transfer involves local or foreign parties. The document must comply with Qatar Commercial Companies Law No. 11 of 2015 and, where applicable, Foreign Investment Law No. 1 of 2019. It includes essential elements such as party details, share specifics, consideration amount, completion mechanics, warranties, and regulatory compliance requirements. The agreement is particularly important as it serves as evidence of the transfer for regulatory authorities, including the Ministry of Commerce and Industry and the Qatar Financial Centre (if applicable).

1. Parties: Identification of the Seller(s) and Buyer(s) with full legal names and addresses

2. Background: Context of the transaction, description of the company whose shares are being transferred, and current shareholding structure

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

4. Sale and Purchase: Core transaction terms including number of shares, price per share, and total consideration

5. Conditions Precedent: Conditions that must be satisfied before completion of the transfer

6. Completion: Details of when, where and how completion will take place, including completion obligations

7. Payment Terms: Structure and timing of payment, including any deferred consideration

8. Seller's Warranties: Warranties regarding share ownership, authority to sell, and company-related warranties

9. Buyer's Warranties: Warranties regarding authority to purchase and ability to pay

10. Pre-Completion Obligations: Obligations of parties between signing and completion

11. Regulatory Compliance: Compliance with Qatar laws and regulations, including foreign ownership restrictions

12. Confidentiality: Obligations regarding confidential information

13. Notices: Process for giving formal notices under the agreement

14. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and jurisdiction for disputes