Share Transfer Instrument by Cofounders
Updated 6 November 2025
This Share Transfer Instrument records the sale and transfer of shares from one cofounder (the Seller) to another party (the Buyer), including the number of shares, price, and acknowledgment of existing share conditions. It is a standard form widely used in private company share transactions and can be trusted as a straightforward, commonly accepted legal mechanism for documenting a founder share transfer.
Agreement for Sale and Purchase of Shares
I [seller name] of [seller address] (Seller)
in consideration of the Sum of [purchase price]
paid by [buyer name] of [buyer address] (Buyer)
do hereby assign and transfer to Buyer
[number of shares] ordinary shares fully paid ([share certificate number]) (Shares)
of and in the undertaking called
[company name] of [company address] (Company).
The Buyer acknowledges that the Shares are assigned and transferred subject to the conditions on which the Seller held the Shares prior to the e!ecution of this Agreement; and the Buyer accepts the Shares subject to the said conditions aforesaid.
As Witness our Hands this [execution date]
Signed by the above named Buyer
Signature | [signature] |
Print Name | [buyer name] |
Witness Signature | [signature] |
Witness Print Name | [witness name] |
Witness Address | [witness address] |
Witness ID No./Passport No. | [witness id no./passport no.] |
Signed, sealed and delivered by the above named Seller
Signature | [seller signature] |
Print Name | [seller name] |
Witness Signature | [witness signature] |
Witness Print Name | [witness name] |
Witness Address | [witness address] |
Witness ID No./Passport No. | [witness id no./passport no.] |
About this template
What is this template?
Share Transfer Instrument by Cofounders 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. This version is drafted with Singapore in mind, though you should always review the final wording against the laws that apply to you.
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.