The empty lines of „XIII. Additional Terms“ must obtain any additional information that is required to be included in this agreement but has not yet been addressed. All such additions or restrictions should be in accordance with the laws of the Federal State and the Confederation. If there are no additional provisions, conditions, restrictions or considerations, it is strongly recommended to indicate this fact by typing the word „none“. This means that only the statements discussed in this agreement (without additions) apply to the purchase of shares. What distinguishes this document from a share purchase agreement is that a share subscription contract is used in cases where a company sells its shares while, in a share purchase agreement, a shareholder of the company sells shares already issued to another party. The calendar date, which defines the last day the buyer can buy the share under these conditions, should be discussed. For this effect, enter the two-digit month and calendar day in the first empty line in section „IV. Deadline for submission. The second empty line of this section is for the two-digit calendar year of the reference date. Enter this number as desired to confirm the closing date of the share purchase.
If you don`t have a well-developed stock purchase agreement, your business is at risk. This can be a great tool for companies that offer stock options to ensure that shares can be bought back by the company if an employee does not stay in the company. one. The seller is not recognized as an issuer, insider, related business or associated enterprise of the enterprise within the meaning of the definition or recognition in accordance with applicable securities laws and regulations. b. Except as provided in the company`s governing documents or on the front of the certificates for the shares, the buyer would in no way be prevented or limited from reselling the shares in the future. c. The seller is the owner of the clear ownership of the shares and the shares are free from pledge rights, charges, security interest, fees, mortgages, pledges or adverse claims or other restrictions that would prevent the transfer of clear ownership to the buyer. d. Seller is not bound by any agreement that would prevent transactions related to this Agreement. e. To the seller`s knowledge, no legal action or legal action is pending against any party that would seriously breach this agreement….