Share Transfer Instrument by Cofounders
This document is a straightforward agreement for the sale and purchase of shares in a company. It outlines the transfer of a specified number of shares from a seller to a buyer for an agreed price, subject to existing conditions. It's designed for a simple, direct transfer of ownership.
Agreement for Sale and Purchase of Shares
I [Seller Name] of [Seller Address] (Seller)
in consideration of the Sum of [Price of Sale] (See note at foot)
paid by [Buyer Name] of [Buyer Address] (Buyer)
do hereby assign and transfer to Buyer
[Number] ordinary shares fully paid ([Share Certificate No.]) (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 [Date]
Signed by the above named Buyer
Signature | [Signature] |
Print Name | [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 | [Signature] |
Print Name | [Name] |
Witness Signature | [Signature] |
Witness Print Name | [Witness Name] |
Witness Address | [Witness Address] |
Witness ID No./Passport No. | [Witness ID No./Passport No.] |
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