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Business Share Sale Agreement
"I need a Business Share Sale Agreement for the sale of 60% of my technology consulting company to a foreign investor, with specific provisions for employee retention and intellectual property protection, to be completed by March 2025."
1. Parties: Identification and details of the seller and purchaser
2. Background: Context of the transaction and company information
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 the transfer
6. Warranties and Representations: Seller's assurances about the business and shares
7. Confidentiality: Protection of sensitive information
8. Governing Law: Specification of Singapore law and jurisdiction
1. Pre-completion Conditions: Used when specific conditions must be met before completion, typically for complex transactions requiring regulatory approvals
2. Non-compete Provisions: Restrictions on seller's future business activities, used when protecting business goodwill is crucial
3. Employee Matters: Treatment of employees post-sale, included when employment transfers are involved
4. Tax Indemnities: Specific tax-related protections, used in complex tax situations or historical liabilities
1. Schedule 1 - Share Details: Detailed description of shares being transferred
2. Schedule 2 - Company Information: Key company details including assets and liabilities
3. Schedule 3 - Warranties: Detailed warranties given by the seller
4. Schedule 4 - Completion Requirements: List of documents and actions required at completion
5. Schedule 5 - Property Schedule: Details of company properties if applicable
6. Schedule 6 - Material Contracts: List of key business contracts
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