Need a Share Sale Agreement?
Our experienced team of commercial lawyers can help draft or review a Share Sale agreement for your business. This document is used to sell shares in a company. Usually this contract will include the price of the shares, warranties and indemnities, conditions, and where appropriate, restraint terms to protect the business.
What You Get
Do I need a Share Sale Agreement?
Whether you are selling some or all of the shares in a company, a Share Sale Agreement is essential to clearly outline the terms of the agreement. It’s a good way to protect your business from unnecessary disputes about the quantity and price of shares you agreed to sell. It’s also includes important warranties and indemnities which provide additional protections. We strongly recommend you use a formal written agreement to ensure the proper processes are followed.
Frequently Asked Questions
While a Share Sale Agreement is the legal document which covers the sale of existing shares, a Share Subscription Agreement can be used in the sale of newly issued shares. If only a portion of the company’s shares are being sold, and not all of them, it may be better for the buyer to enter into a Shareholders Agreement with the existing shareholder(s). We can advise you on the best format and process to use for your particular circumstances.
Every situation is different, which is why you need expert advice from a commercial lawyer. We’re small business specialists, so you know you’re in safe hands with us.
We’ll consider your unique situation and let you know if we think this is right for your business.
Our head office is at Inspire Cowork – a coworking space in Sydney – but we also support flexible work for our team. Our lawyers can work from anywhere.
We use technology to come to you, wherever you’re located around Australia. Many of our clients work from home or at coworking spaces, just like us.
We communicate with our clients via phone, email and Zoom – whatever works best for you. There’s no need to meet face to face, but if you’re ever in the area you’re welcome to drop in!