Shares Agreement Contract Sample

contract enforcement and collection, payment, compromise and settlement of debts and receivables for or against the company (including participation in litigation, whether as a plaintiff or defendant in respect of the same thing); (i) 50% of the shares held by each of the founders are transferred at the time the company is sold to third parties or third parties. This condition can be waived at any time with the agreement of all non-founding shareholders. Such approval is voted by a majority by actions. As long as these shares are not sold, they cannot be sold or sold. In the event that the hiring of a founder is terminated for any reason, the shares of the dismissed employee will be cancelled or redeemed by the company. 1.2. Shareholders enter into this shareholder agreement to provide for the management and control of the group`s affairs, including management, profit sharing, share sale and distribution of assets in the event of liquidation. (This full section allows a shareholder to sell his shares to other shareholders, otherwise he can sell them to other parties – with conditions!) 8.2. Transmission restrictions. For the purposes of this agreement, any transfer, transfer, assignment or penalty of any of the shares of the company with which it is not in accordance with the provisions of this shareholders` agreement is invalid.

(b) To the extent that the founders received shares (“founding shares”) in the company against nominal consideration, the founders agreed that the shares covered in Schedule A of this agreement would be subject to the provisions of free movement. Vesting means that the shares are subject to cancellation or repurchase at the cost of acquisition by the company, unless specific time events occur. In the event that the company is acquired by a third party or a third party, all shares subject to intrusion will be transferred in full on that date. These clearing provisions are: 8.3 The transfer of shares is also considered a transfer of shares to holding companies. The transfer of shares of holding companies must therefore, as far as possible, follow the provisions of the shareholder contract. The transfer of shares or shares of a holding company to a company owned solely by or to a party itself is not subject to this provision, provided that the company or party adheres to the shareholder contract. 2.2. The shares listed above represent the total share capital issued and outstanding of the company.

The company confirms that it has obtained the full consideration of the shares mentioned above by each shareholder, and each shareholder confirms that certificates representing its shares have been obtained. All of the above-mentioned shares and any additional shares of the company`s capital stock that may be acquired by shareholders in the future are subject to this agreement.

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