document

Share Purchase Agreement – Long Form

Basic info

  • Applicable region UAE
  • Available languages

    English English & Arabic
  • Document no 0000887
  • Version V 1.0
  • Last updated Jan 1, 2025
  • Reviews 0

Document summary

This template is used to record the purchase of shares from its owner. This share purchase agreement specifies the obligations of both parties in order to complete the process of share transfer. The parties must assess whether the terms and conditions of this template apply to their agreement.

Description

This template is drafted in accordance with the provisions of Federal Decree-Law No. 32 of 2021 on Commercial Companies as amended from time to time.

This agreement is a long form template, some prominent provisions include ownership rights, board of directors, books and records, etc..

This agreement includes the following sections:

  1. Definitions
  2. Purchase and Sale of Shares
  3. Purchase Price and Payment Mode
  4. Closing
  5. General Representations and Warranties of the Seller
  6. Representations and Warranties of the Seller Regarding Staff of the Company
  7. Representations and Warranties of the Purchaser
  8. Miscellaneous

Exhibit-1

Exhibit-2

Jurisdiction

This document is intended for use in the United Arab Emirates.

Before Execution

  • The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
  • Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
  • Please remove the square brackets and all highlighting prior to signature.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.
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