SHARE PURCHASE AGREEMENT

ABOUT SHARE PURCHASE AGREEMENT

A share purchase agreement is an agreement  between two parties. Here, the seller agrees to sell the above-mentioned shares to the buyer at a specific price. The main purpose of the document is to demonstrate that the terms and conditions of the agreement are mutually agreed upon. This agreement stipulates the consideration and  number of shares  to be sold, the precedent conditions  and commitments of the parties. Shares will be distributed after signatures of the parties  on the basis of this agreement.Share purchase agreement is a necessary business practice when it comes to shareholders. The absence of such a document can have a number of undesirable consequences. The document creates an opportunity for both parties  to protect their interests before transferring  shares. An extensive document, it covers every aspect of trading. Both parties should review each term mentioned in the document and understand what it means.

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