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The Notice of Intention to Transfer Shares is a crucial document in Philippine corporate governance that initiates the formal process of share transfer between parties. This notice is mandated by the Revised Corporation Code of the Philippines and is typically required before any share transfer can be executed. It serves multiple purposes: informing the corporation's management and other shareholders of the proposed transfer, triggering any applicable pre-emptive rights periods, and ensuring compliance with corporate by-laws and regulatory requirements. The document is essential for maintaining transparent corporate records and protecting shareholder interests, particularly in closely held corporations where share transfers may be subject to restrictions or right of first refusal provisions.

1. Letter Header: Corporate letterhead or sender's address and contact details

2. Date: Date of the notice

3. Recipient Details: Name and address of the corporation's corporate secretary and/or board of directors

4. Subject Line: Clear indication that this is a Notice of Intention to Transfer Shares

5. Shareholder Information: Details of the current shareholder including full name, address, and shareholder number

6. Share Details: Specific details of shares to be transferred including number, class, and certificate numbers

7. Proposed Transferee Information: Full details of the intended recipient of the shares including name, address, and relevant background

8. Transfer Terms: Basic terms of the proposed transfer including price per share and total consideration

9. Compliance Statement: Statement confirming compliance with company by-laws and relevant regulations

10. Closing: Request for acknowledgment and processing of the notice, followed by signature block