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Purchase Of Shares Agreement
"I need a Purchase Of Shares Agreement for acquiring 60% of a Singapore tech startup from three individual shareholders, with completion scheduled for March 2025 and payment to be made in two instalments."
1. Parties: Identification of buyer, seller, and target company
2. Background: Context of the transaction and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core transaction terms including shares being sold and purchase price
5. Completion: Timing and mechanics of closing the transaction
6. Warranties and Representations: Standard assurances about the company and shares
7. Governing Law: Specification of Singapore law and jurisdiction
1. Conditions Precedent: Pre-completion requirements, used when regulatory approvals or third-party consents are needed
2. Non-Competition: Restrictions on seller's future business activities, used when protecting goodwill of the business being acquired
3. Employee Matters: Treatment of employees post-completion, used when transaction affects employment arrangements
1. Schedule 1 - Share Details: Details of shares being transferred including share certificates
2. Schedule 2 - Warranties: Detailed warranties about the company and business
3. Schedule 3 - Completion Obligations: List of documents and actions required at completion
4. Schedule 4 - Company Information: Key details about the target company including financial statements
5. Schedule 5 - Properties: Details of company's real estate assets if applicable
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