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Contract For Sale Of Shares In A Private Company
"I need a Contract For Sale Of Shares In A Private Company for the sale of 30% shareholding in my Singapore tech startup to a venture capital investor, with completion scheduled for March 2025 and including standard warranties and non-compete provisions."
1. Parties: Identification of seller(s) and buyer(s) with full details
2. Background: Context of the transaction and company details
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including shares being sold and purchase price
5. Completion: Details of when and how the transaction will complete
6. Warranties and Representations: Standard warranties given by seller regarding shares and company
7. Governing Law: Specification of Singapore law and jurisdiction
1. Pre-completion Obligations: Obligations before completion, used when there's a gap between signing and completion
2. Non-compete Provisions: Restrictions on seller's future activities, used when seller might compete
3. Tax Indemnity: Specific tax-related indemnities, used for complex tax situations
4. Earn-out Provisions: Additional payment mechanisms, used when price depends on future performance
1. Share Details: Details of shares being transferred including share certificates
2. Company Information: Key company details including financial statements
3. Warranties: Detailed warranties about the company and business
4. Completion Obligations: List of documents and actions required at completion
5. Form of Transfer Instrument: Template share transfer form
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