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Share sale and purchase agreements

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These agreements deal with the buying and selling of shares in a company, including the sale of all the shares to a third party or between shareholders.


Whilst at first glance the sale of shares between individuals or corporate bodies may appear simple and straightforward, there are numerous important issues that should be addressed in a written agreement.  These can include the method of hand over, tranche payments and the use of indemnities.  It is necessary to encompass all aspects of the deal into a binding agreement so as to avoid the potentially difficult task of enforcement where payments are missed or promises broken.


 

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