close
e-Sign with Lawpath

Share Purchase Agreement

A Share Purchase Agreement is a document that outlines the terms of sale shares owned by a company’s shareholder, to another party.
star
star
star
star
star_half
4.6 (7 reviews)
timer
Under 10 minutes
location_on
Suitable for Australia
Get 1st document free

Document Overview

This document applies in cases where the shares have already been issued, and are already owned by a person or company; this document is not appropriate in cases where new shares will be issued to a buyer. This document supports sales by up to two existing shareholders. This document also requires shareholders who aren’t parties to the sale to sign on the agreement as providers of warranties that address the company’s operations and financial health.

This document also requires that a guarantor be part of the agreement to ensure that the selling parties perform their obligations under this agreement, including but not limited to transferring the shares to the buyer, and compensating the buyer in case of certain issues with the company’s health within a certain period following the sale. 

Please note that this document references a "Disclosure Letter". We highly advise that you seek professional advice from a lawyer and/or accountant in assembling your Letter. These Letters must address each of the warranties mentioned in this Agreement and supporting documentation must be provided.

Use this Share Purchase Agreement if:

  • You are buying shares held by individuals in a company OR are an individual selling your shares in a company to a third party

  • You want the sale to have certain terms and warranties that address the company’s health, and what should happen if the business deteriorates within a period after the purchase of shares

  • You want the agreement to be secured by the participation of a guarantor

What does this document cover:

  • The terms of the sale, and the circumstances in which the shareholders selling shares will be liable to compensate the buyer for shortfalls in the business’s performance

  • A comprehensive list of warranties provided by the sale shareholders, as well as continuing shareholders in regards to the company’s operation and health.

For more information:


It's never beenso easy
stars
Sign-up to a free Lawpath accountLawpath is free to join, and you get one free legal document when you sign-up. Also, you can receive unlimited e-signature requests with your Lawpath account.
local_library
Browse our 350+ legal documentsBrowse our 350+ legal documents to find the perfect match to cover your business needs. We’ve got Compliance, Employment, Service agreements and more.
drive_file_rename_outline
Collaborate with e-Sign and SharingHaving access to your legal documents has never been easier. You can request e-signature, share the document and download for an efficient collaboration.
Create unlimited legal documents and eSignatures for only $33/month.
Learn more
Here's what people say about Lawpath’s Share Purchase Agreement
No reviews available.
Powered by
Looking for more documents?
chevron_right
Privacy Policy
chevron_right
Cleaner Contract
search
Browse all legal documents