Adam Frankel
General Counsel · Technology & AI
15+ years as General Counsel to technology, cloud & AI companies
Resolution of Transfer of Shares by Cofounders
This document is a template for Directors' Resolutions to formally approve the transfer of shares within a company. It outlines the resolution for the sale and purchase of existing ordinary shares between a transferor and a transferee. It also authorizes the company secretary to lodge the transfer with the relevant regulatory authority.
Directors Resolutions
We, the undersigned, being the directors of [Company Name] (The Company), do hereby pass the following resolution:
Transfer of Shares
Resolved
That the transfer of shares of the Company be made by way of the sale of existing [____] Ordinary Shares at the consideration price of $[____] between the following parties:
Transferor
[Name]
Sale and Transfer of [____] Ordinary Shares
Transferee
[Name]
Purchase and Receipt of [____] Ordinary Shares
That the company secretary or other relevant officer of the company be authorised to lodge the above transfer with the Accounting and Regulatory Authority of Singapore.
Dated this [date]
[Signature] | [Name of Director] |
[Signature] | [Name of Director] |
[Signature] | [Name of Director] |
[Signature] | [Name of Director] |
Categories
Jurisdiction
Singapore
Document info
HTML document. Document created on Fri Sep 26th, 2025. Last updated on Fri Oct 31st, 2025.
This document is public
Licensed under CC BY 4.0 (Attribution).
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