Shares transfer agreement, also referred as a stock purchase agreement. The agreement is a legal document used to transfer the ownership of shares of stock. The party transferring shares could be a person or a company. This agreement type is usually entered into by a buyer and a seller where the seller wishes to sell a specific number of shares to the buyer for an agreed upon price. The shares transfer agreement specifies the terms and conditions of the sale.
The agreement normally contains:
- Details about the party transferring the shares.
- Consideration in exchange of shares to be received by seller.
All Information about the shares such as the share type and the share value