4. RESULTS OF THE FORMALITÉ IT is agreed that if the planned transfer of shares will not be effective due to a lack of formalities (including, but not only the incorrect registration of the transfer in the company`s registers or following a refusal by the directors of the company whose shares are transferred), the transfer of all economic shares of the shares by the creation of a trust in favour of the beneficiary in which the shares form the subject, and the assignor is the agent. THE CÉDANT wishes to transfer the shares to the purchaser on the terms set out in this share transfer agreement. PandaTip: WARNING! Transfer of partially paid shares (less than 100%) an obligation of the purchaser and is the same as the transfer of a debt. In the last example (Acorn Trading), obtaining these shares would create a $9,000 commitment for the new shareholder. PandaTip: Sometimes pay a fee for the transfer of shares and the issuance of new shares, it is probably less than 50 USD, but you can first check. If you want these costs to be borne by the transferor or shared between the two parties, you can change the clause above. 6. VARIATION This share transfer agreement may be amended and any changes must be made in writing by both parties. 8.1 This transfer of shares is under the exclusive jurisdiction of the laws of [STATE AND COUNTRY].
5.14 This share transfer contract can be executed either as an original or in addition to a pendant. 5.10 Unless the text of a clause and the entire share transfer contract indicate that a specific clause must mean something other than: all words that are only in the singular are considered plural (and vice versa) and all words indicated in a given sex are considered to be all sexes and all terms that refer to any form of person or person , are considered to be both legal entities (for example. B companies) and individuals (and vice versa). The document requires important information, such as the parties to the transaction. B, stock description, purchase price (counterpart), parties` guarantees and guarantees, pre-compliance and post-completion requirements. 5.11 The securities contained in this share transfer agreement are included only as an editorial reference and do not present part of the share transfer contract for the easier reference. 1.3 The transfer takes effect with the execution of this share transfer contract and the payment of the amount covered in point 2. PandaTip: When the transferred shares are sold, the “transferor” means the seller and the “seller” the buyer. 5.4 Each contracting party heres all the necessary powers and authorizations to enter into this share transfer agreement.