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Equity Share Contract
"I need an Equity Share Contract for the transfer of 25% shareholding in my Singapore tech startup to a new investor, with drag-along rights and board appointment provisions, to be completed by March 2025."
1. Parties: Identification of all parties to the agreement including company details and individual/corporate shareholders
2. Background: Context of the share transfer, company information, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement including Share Capital, Transfer, Completion Date, etc.
4. Share Details: Specific details of shares being transferred including number, class, and nominal value
5. Consideration: Details of payment terms, consideration amount, and payment mechanics
6. Completion: Process and timing for completion of the share transfer, including conditions precedent
7. Representations and Warranties: Standard assurances from both parties regarding capacity, authority, and share ownership
8. Governing Law: Specification of Singapore law as governing law and jurisdiction clauses
1. Tag-Along Rights: Optional provisions protecting minority shareholders in sale scenarios
2. Drag-Along Rights: Optional provisions allowing majority shareholders to force sale participation
3. Pre-emption Rights: Optional provisions giving existing shareholders first right to purchase shares
4. Non-compete Provisions: Optional restrictions on selling shareholders regarding future competition
1. Share Certificate: Copy of the relevant share certificate(s) being transferred
2. Company Constitution: Current constitution/articles of association of the company
3. Board Resolutions: Certified copy of board resolutions approving the share transfer
4. Shareholder Resolutions: Certified copy of any required shareholder resolutions
5. Share Transfer Form: Standard form for executing the transfer of shares
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