After filling out this form, the ceder should go wild. If one of the parties is a business, the company can put its common seal on the document on the document, and either two directors or a director and a secretary should sign the document. In the absence of a common seal, this document can be signed, sealed and delivered either by two directors or by a director and a secretary. 5.16 The assignor presents himself irrevocably and undertakes to compensate and compensate the purchaser for any loss resulting from a breach of the guarantees or other conditions of this share transfer agreement. 5.7 Any delay or non-application of the terms of this share transfer agreement and any delay in the event of a violation of its clause by a party does not constitute a waiver of those rights. The assignor is the registered holder of these shares or shares pursuant to Schedule A (the “shares”). 5.12 This share transfer agreement may be carried out in more than one language between the parties and, in the event of a conflict between the various translations of this share transfer agreement, the English version prevails. PandaTip: When the transferred shares are sold, the “transferor” means the seller and the “seller” the buyer. 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. 3. COST OF TRANSFER It is agreed that the registration fee for the transfer of the shares (if any) will be borne by the purchaser. After the signing of the document, the transferor must submit this document and his initial subscription certificate to the company whose shares have been transferred to confirm the transfer. PandaTip: This is an agreement to transfer shares (or shares). This share transfer agreement can be used to transfer shares to private and public companies and can be used instead of a relocation form or in addition to one.