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Deed Of Sale Of Shares Of Stock
"I need a Deed of Sale of Shares of Stock for transferring 25,000 ordinary shares in my Singapore technology startup to a venture capital investor, with completion scheduled for March 15, 2025, including standard warranties and a 24-month non-compete clause."
1. Parties: Identifies the seller and purchaser with full legal names and addresses
2. Background: Context of the transaction and description of the company whose shares are being sold
3. Definitions: Key terms used throughout the deed
4. Sale and Purchase: Core transaction terms including number of shares, price, and payment terms
5. Completion: Details of when and how the transfer will be completed
6. Seller's Warranties: Standard warranties about share ownership and authority to sell
7. Execution: Signature blocks and attestation
1. Pre-completion Obligations: Used when there's a gap between signing and completion, specifying obligations of parties during this period
2. Non-competition Provisions: Restrictions on seller's future activities to protect the company's interests
3. Tax Indemnities: Specific tax-related promises and protections for larger transactions or where tax risks are identified
1. Share Certificate Details: Copy or details of share certificates being transferred
2. Company Information: Key details about the company whose shares are being sold
3. Transfer Instrument: Form of share transfer document
4. Board Resolutions: Copies of relevant company approvals
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