Share Sale Agreement
A Share Sale Agreement is a document that outlines the terms of a share sale.
4.7 (12 reviews)
Last updated February 3, 2025
Under 10 minutes
Suitable for Australia
Written by
Edwin Montoya Zorrilla
Reviewed by
Damin Murdock
Document Overview
This document applies in cases where the shares have already been issued, and are already owned by a person or company; this document is not appropriate in cases where new shares will be issued to a buyer. This document supports a sale by a single seller to a single buyer, although more may be manually added as necessary.
The Legal Risk Score of a Share Sale Agreement Template
Our legal team have marked this document as medium risk considering:
- There is a risk associated with the seller’s ownership and the status of the shares, as the document assumes that the shares are free from any encumbrances or third-party claims, which might not always be the case in reality.
- The confidentiality clause restricts both parties from disclosing terms of the agreement, which might limit the ability to seek broader advice or share details with stakeholders not party to the agreement.
- The share transfer must be properly executed, which requires administrative work from both parties and the company.
Share Sale Agreement Checklist
Complete your free Share Sale Agreement with our checklist
Transfer of Shares
On the Completion Date, ensure that the Seller delivers to the Company the executed Share Transfer Form and the Seller’s share certificate as specified under "Transfer Documents."
Payment of Consideration
Confirm that the Buyer pays the Consideration to the Seller as outlined in the section titled "Completion."
Register the New Shareholder
Verify that the Company registers the Buyer as the holder of the Shares immediately following the payment of Consideration and transfer of shares, as required by the "Completion" section.
Use this Share Purchase Agreement if:
- You are buying shares held by individuals in a company OR are an individual selling your shares in a company to a third party.
- You want the sale to have a clear completion procedure.
The Share Purchase Agreement covers:
- The terms of the sale, including warranties, completion, and pre-emptive rights.
- Standard terms.
For more information:
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