5.4 Each party hereby declares that it has all the necessary powers and authorizations to enter into this share transfer agreement. 3. COST OF TRANSMISSION It is agreed that the registration costs of the transfer of shares (if any) will be borne by the buyer. This share transfer agreement (the “Contract”) sets out the conditions under which [NAME OF ASSIGNEE] (the “Contemptuous”), a company duly registered under the laws of [the State] with registered number [registered number] and registered address at [registered address], transfers certain shares held by it to [name of assignee] (the “Buyer”) since it is a company duly registered in accordance with the laws of [the State] The entity with a registered number [number registered] registered] and whose registered number is the address at [REGISTERED ADDRESS] (together the “Parties”). 1.2 The transfer is absolute and includes all rights and obligations related to the shares, including, but not limited to, all rights in dividends, capital and voting rights and, for the avoidance of doubt, dividends due but not yet paid are due and paid to the buyer. PandaTip: This schedule should contain all shares or shares transferred under this share transfer agreement. When shares or shares are transferred by more than one company, they must each have a specific row in a table like the one below. They should present the transferred shares in as much detail as possible. Try to include the class of shares, the par value of the shares and whether they are deposited or not. Below you will find some examples: 5.15 This share transfer agreement is binding on both parties due to the behavior of both parties and despite a defect or error in the formality of its execution. PandaTip: This is a share transfer agreement (or shares). This model share transfer agreement is suitable for the transfer of shares in private and public companies and can be used instead of one transfer form or another. This share transfer agreement may also be amended to include special conditions related to the transfer that would not be possible with a share transfer form and that are likely to transfer shares in several companies and in several classes of shares.
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