Share sale plan template

Updated 17 October 2025

This document is a share sale plan template, outlining the key steps and responsibilities involved in a share sale transaction. It details the sequence of events from settlement agreements and SPA approval to completion, payment, and transfer of shares and directorship changes. The plan provides a timeline for each action, helping to manage the process efficiently.

Share sale plan template

#	Step	Responsible	When
	Settlement agreements completed and paid	Seller
	SPA approved by all Sellers and Buyer	Seller
	Final version of SPA prepared and circulated in PDF	Seller
	Seller to provide the account details to buyer	Seller
	SPA signed	Sellers and Buyer	DAY 0
	Buyer pays Seller 1 $initial-sum	Buyer	DAY 4
	Sellers perform obligations under 4.1.	Sellers	DAY 5 – Long Stop Date
	Completion		DAY 30
	Stock Transfers delivered to the Buyer		DAY 30
	Share certificates delivered to the Buyer	Sellers	DAY 30
	Current Directors provide resignation letters		DAY 30
	Board meeting held, where transfer of shares is approved, subject to payment of stamp duty (stamping), the Buyer appointed Director, existing directors resignation approved		DAY 30
	Seller pays remaining purchase $final-sum

About this template

What is this template?

Share sale plan template is a free, ready-to-use Corporate template you can open, customize, and download on GitLaw. It gives you a professionally structured starting point, so you never have to draft from a blank page. The wording is plain and modern, organized into clear sections that are easy to read, edit, and adapt to your own situation before you share or sign it.

When should you use it?

Reach for this Corporate template whenever you need a reliable agreement quickly and want to be sure the essentials are covered. It suits individuals, freelancers, startups, and established businesses alike. Instead of paying for a document drafted from scratch, you can start here, tailor the details to your arrangement, and have a polished draft ready in minutes. Always review the final wording against the laws that apply where you live or do business.

What's typically included?

A well-drafted Corporate usually sets out the parties involved, the scope of the agreement, and each side's rights and responsibilities. Expect sections covering key terms and definitions, how long the agreement lasts, how it can be ended, and what happens if something goes wrong. This template brings those building blocks together in a sensible order, so you can focus on the specifics rather than worrying about what to include. Open it to read the full document, then sign up to edit, negotiate, and e-sign it directly in GitLaw.

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