Document background
A Shareholder Buyout Agreement is essential when existing shareholders wish to exit their investment or restructure company ownership. This document, governed by Singapore law, outlines the complete transaction process, including share valuation, payment terms, and post-completion obligations. It's particularly crucial for private companies where share transfers need careful structuring to comply with Singapore's Companies Act and protect all parties' interests. The agreement typically includes provisions for due diligence, warranties, and often contains non-compete clauses to protect the company's interests after the selling shareholder's departure.
