Sale Of Shares Agreement Template – US

Disclaimer

The information provided here serves solely as a general illustration for agreements involving the transfer of ownership interests in corporate stock. It is not legal advice and should not replace consultation with a qualified attorney experienced in securities and corporate law. Jurisdictional laws and regulations can vary, so modifications may be necessary to ensure compliance with local statutes. The use of this example is entirely at the user’s risk, and we accept no responsibility for any errors, omissions, or consequences that result from its application without professional legal review.

Please note: This is a sample Sale of Shares Agreement template for illustrative purposes only. Actual terms may differ based on specific negotiations and applicable laws.

Sale of Shares Agreement Sample (US)

Parties:

Seller: ABC Corporation
Address: 123 Business Rd., New York, NY 10001

Buyer: XYZ Investor LLC
Address: 456 Commerce Ave., New York, NY 10002

Share Details:

The Seller agrees to sell, and the Buyer agrees to purchase, 10,000 shares of common stock of ABC Corporation, representing 10% of the issued and outstanding shares, as detailed in Schedule A attached hereto.

Purchase Price:

The total purchase price for the Shares shall be $100,000, payable by the Buyer to the Seller upon closing of this transaction, subject to the terms herein.

Payment Terms:

The Buyer shall deliver the purchase amount via wire transfer within 3 business days after execution of this Agreement, at the account specified by the Seller.

Representations and Warranties:

The Seller warrants that they are the sole legal owner of the Shares, free of liens and encumbrances, and have full authority to sell the Shares. The Buyer represents that they have conducted due diligence and are acquiring the Shares for investment purposes.

Closing:

The closing shall occur at the Seller’s designated office or via electronic transfer on [Date], subject to the fulfillment of all conditions precedent herein.

Governing Law:

This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

Additional Provisions:

• Both parties agree to execute any additional documents necessary to complete the transfer.
• This Agreement constitutes the entire understanding between the parties related to the sale of Shares.
• Any amendments must be in writing and signed by both parties.

New York, ______________________