Share Transfer Template Free – Instant Download

Warning

This template is provided for information purposes only and does not constitute legal advice. You should consult a lawyer to adapt this template to your specific needs and for any legal questions.

Background and purpose of the document

This document constitutes a contract for the transfer of shares between two parties (hereinafter referred to as the “SELLER” and the “TRANSFEROR”). Its purpose is the sale and transfer of the shares held by the GIVOR in the company [[Company name]].

Definitions

• SELLER: The person or entity selling the shares.
• TRANSFEROR: The person or entity purchasing the shares.
• SHARES: The shares held in the company [[Company name]].
• COMPANY: The company whose shares are the subject of the sale.

Main clauses

Clause: Obligation of the Parties

The GRANTOR undertakes to assign and transfer to the TRANSFEREE, who accepts, the shares described in Appendix A. The SELLER undertakes to pay the agreed price in accordance with the terms set out in this contract.

Clause: Financial conditions / consideration

The transfer price of the shares is set at [[Amount in figures]] [[Amount in words]] dollars [[Amount in words]] Canadian dollars. Payment will be made as follows: [[Terms of payment]].

Clause: Duration and termination

This contract takes effect from the date of signature and terminates once the obligations of the parties have been duly fulfilled. It may be terminated by mutual written consent of the parties.

Clause: Confidentiality

The parties agree to keep strictly confidential all information obtained during the negotiation and execution of the present contract.

Clause: Protection of personal information

The parties shall comply with PIPEDA or Quebec’s Bill 25 regarding the collection, use and disclosure of personal information.

Clause: Liability and Warranties

The GRANTOR warrants that it is the legal and lawful owner of the shares and that they are free of any encumbrance. No other warranties are given.

Clause: Force majeure

Neither party shall be held liable in the event of force majeure preventing the performance of its obligations.

Clause: Applicable law and jurisdiction

This contract shall be governed by the laws of the province of [[Applicable Province]] and the federal laws of Canada applicable therein. Any dispute shall be submitted to the courts of [[City, Province]].

Clause: Miscellaneous

This contract constitutes the entire agreement between the parties and supersedes all prior agreements, written or oral, relating to its subject matter.

Signatures

ASSIGNOR: [[Name of Assignor]]
Date: [[Date]]
Signature : ___________________________

ASSIGNEE: [[Name of Assignee]]
Date : [[Date]]
Signature : ___________________________

Solicitor’s notes

• Obligation of the Parties: Be sure to clearly define the responsibilities of each party to avoid conflicts.
• Financial terms: Clearly specify the amount and terms of payment to ensure transparency.
• Confidentiality: Adapt this clause to the sensitivity of the information exchanged.
• Protection of personal information: Check the obligations specific to your province and adapt clauses accordingly.
• Termination: Provide for termination conditions that protect the interests of both parties.

Pre-publication verification summary

1. Check for provincial compliance and adjust clauses according to applicable local rules.
2. Ensure that all parties are correctly identified and that terms are adapted to the specific circumstances.
3. Confirm that all mandatory clauses are present to guarantee the validity of the contract.
4. Review confidentiality and privacy clauses for compliance with relevant laws.
5. Consult a lawyer to verify the integrity and completeness of the document before use.