Share Purchase Agreement
/ˈʃɛər ˈpɜːrtʃəs əˈɡriːmənt/
Definitions
- (n.) A binding contract whereby a buyer agrees to purchase shares from a seller under specified terms and conditions.
The parties signed the share purchase agreement to complete the acquisition of the company.
- (n.) A legal document outlining the rights, obligations, and warranties related to the sale and transfer of corporate shares.
The share purchase agreement included warranties concerning the target company's financial status.
Forms
- share purchase agreements
Related terms
See also
Commentary
The term specifically addresses share transfers in corporate acquisitions and differs from asset purchase agreements; precise warranties and conditions are critical.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.