Agreement To Sell Stake

This Agreement, including the Annexes, Annexes and any other agreement between the Parties expressly referred to in this Agreement, constitutes the entire agreement and understanding between the Parties concerning undertakings. This Agreement supersedes all prior statements of intent and confidentiality agreements entered into between either party in connection with the transactions referred to in this Agreement. A share purchase agreement also contains payment details, for example.B. if a deposit is required, when full payment is due, and the closing date of the agreement. 3.3. With regard to the above-mentioned condition 3.1 (b), the seller agrees that he shall dispose of the property under market conditions, that he shall bear all similar taxes and obligations as well as all costs related to the transfer of the immovable property (including, but not limited to, taxes levied on capital gains, local taxes, stamp duties, (transfer taxes or registration fees), that the transfer of immovable property involves the transfer of all related liabilities and debts, including loans, finance leases and security interest, and that immovable property is re-leased to group companies under leasing contracts. 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. A share purchase agreement is a contract for the sale and purchase of a declared number of shares at an agreed price. The shareholder who sells his shares is the seller and the party who buys the shares is the buyer. This agreement describes the conditions of sale and purchase of the shares. Subject to the terms set forth in this Agreement, Seller will sell, transfer and deliver the Company`s share certificates to Buyer, and Buyer will pay the Purchase Price to Seller. Subject to the terms of this Agreement, the Seller sells the Shares as the absolute owner [•] and [•] buys the Shares from the Seller.

A share purchase agreement should be used whenever an individual or company sells or buys shares in a company from or to another person or business entity.. . . .