Sample Sale of Shares Agreement in Kenya

Document Type: DOCX

Number of Pages: 3

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Summary

Sale of Shares Agreement is a legal document which outlines the terms and conditions under which seller agrees to sell shares of a company to another party (the buyer). This agreement formalizes the transaction and contains the following.

1. Parties Involved
2. Description of Shares
3. Purchase Price
4. Representations and Warranties: Statements made by the seller regarding the shares and the company’s condition.
5. Covenants: Obligations of both parties before and after the sale.
6. Conditions that must be fulfilled before the sale is completed.
7. Indemnification: Provisions regarding liability and losses.
8. Governing Law
9. Termination Clause
10. Signatures: Space for the parties to sign and date the agreement.

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Disclaimer: This document is not to be taken as legal advise.

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