Share Purchase Agreement India Sample

f. All capital gains taxes and/or other taxes that go to the seller, bank fees, penalties for the time being related to the completion of the share transfer process are the responsibility of the buyer. D. The schedule-I group of sellers is the registered and economical shareholder of 1,00,000 fully released shares with a face value of 10/- (Indian Rupees Ten only) (hereafter referred to as „Sales Shares“). Details of the aforementioned share transfers were provided as part of the 1992 agreement. 5.1 Subject to the arrival of the diploma or closure under this agreement, the purchaser („indemnity persons“) undertakes in solidarity to compensate the sellers, the company and their directors, senior executives, agents, agents and employees („decided persons“) of and against all claims, Debts, shares, procedures, receivables, losses, costs, taxes, damages and expenses that may be collected or incurred by the compensated persons or are the direct consequence of such or such contracts resulting from the commercial activity or the sale/transfer of the sale shares from the date of execution of this contract until the full transfer of the shares to the purchasers of which they are created or related to them. c. The current management holds a board meeting to conduct and register the transfer of shares and arranges for the appointment of new directors; We have also included PDF and Docs formats of the sales share contract format at the bottom of the item. You can just download them. A share purchase agreement is entered into by one party for the purchase of shares by another party; As a general rule, the shares are for a private company. The agreement describes the amount, timing and method of payment as well as all insurance or guarantees of the buyer and seller. 2.4 The purchase price is paid to sellers by buyers after the execution date, but before the transfer of shares through ordinary banking channels, in as many tranches that can be decided between the parties and can be considered appropriate.