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Draft Share Transfer Agreement

5.5 Each contracting party heressover states that it is not aware of any issues under its control that could have a negative or adverse effect on the performance of its obligations under this share transfer agreement. This share transfer agreement (the “agreement”) defines the conditions under which [TRANSFEROR NAME] (the “Transferor”), a company, which is duly registered in accordance with [STATE` law] with the registered number [REGISTERED NUMBER] and which has its address registered under [REGISTERED ADDRESS], that it transfers certain shares held by it to [TRANSFEREE NAME] (the “Transferee”), a company duly registered in accordance with the law of [STATE] with the registered number [REGISTERED NUMBER] and which has its address registered with [REGISTERED NUMBER] ADDRESS] (together), the “parties”). One of the main characteristics of a company`s securities is their portability. The Companies Act, in 2013 according to Section 44, provides that the shares, bonds or other shares of the member of the company are personal property and are therefore transferable in the manner provided by the company`s statutes. 5.6 The rights, benefits, commitments and responsibilities contained in the terms of this share transfer agreement may be transferred by any contracting party with the prior written agreement of the other party. 1.2 The transfer is absolute and covers all rights and obligations related to the shares, including, but not limited to all rights to dividends, voting rights and voting rights, in order to avoid doubting that the dividends due but not yet paid are due and distributed to the purchaser. On the basis of the principle of equality, of mutual interest and the same price by friendly consultation, the parties will terminate with respect to the transfer of 13% of the shares of Zhejiang Hongzhan New Materials Co., Ltd. (hereafter referred to as “companies”) held by Part A to Part B, the parties hereafter agree: 8.1 This share transfer agreement is concluded solely under the responsibility of the laws of the State and the country. This reference applies to the derogatory letters of March 15, 2017; The company wishes to inform that none of the existing shareholders wish to purchase the shares you have offered. Therefore, in accordance with Article 7 of the Company`s by-law, you can transfer your 6425 shares to other non-existing shareholders. 3. If no other existing member is willing to acquire a share, the Company sends the letter to the member who wishes to sell the stock indicating that he can now transfer the stock to a non-existing member.

(ANNEXURE-C) It describes the information provided by the party that sells or transfers its shares to another (the assignor), the amount of shares to be transferred, the cost or value of each share, the company, its shares, etc. PandaTip: This schedule should include all shares or shares transferred under this share transfer agreement. When shares or shares are transferred to more than one company, they should have their own line in a table such as the one below. They should present the transferred actions in the most detailed way possible.

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