Corporation shares doc template

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Post navigation Previous. On commencement of dissolution proceedings either by election of all Shareholders or otherwise , the Corporation will cease to carry on business except as necessary to wind up its business and distribute its assets. Distribution of assets. Article 8 — Transfer of Shares 8. Shares Acquired for Investment. Each of the Shareholders acknowledges and represents that he or she has obtained and accepted his or her shares in good faith, for investment and for his or her own account, and not with a view to distribution or resale.

Restrictions on Transfer. To accomplish the purposes of this Agreement, any transfer, sale, assignment, or encumbrance of any of the shares of the Corporation, other than according to the terms of this Shareholder Agreement is void. Buy-Sell Upon Death of Shareholder. Buy-Sell for Other Reasons. Any and all sales hereunder with respect to the Departing Shareholder shall be made within sixty 60 days after written notice of intent to sell served on the Corporation and the remaining Shareholders.

Right of First Refusal. In the event of mandatory or voluntary buy-sell under this Section, the non-departing or surviving Shareholder shall have the right of first refusal to purchase all shares that would otherwise be repurchased by the Corporation at the purchase price set forth above.

To exercise this right, the non-departing or surviving Shareholders provide written notice to the Corporation no later than ten 10 days prior to the effective date of sale. Article 9 — Dispute Resolution 9. Any dispute relating to this Shareholder Agreement, or arising out of or relating to operations of the Corporation, or the rights or obligations of the Shareholders, shall be settled by: options. Article 10 — Miscellaneous Provisions Necessary Acts. All parties to this Shareholder Agreement will perform any acts, including executing any documents, that may be reasonably necessary to fully carry out the provisions and intent of this Agreement.

All notices, demands, requests, or other communications required or permitted by this Shareholder Agreement other than routine communication relative to business operations will be in writing sent to the following: corporation corporation address corporation city, corporation state, corporation zip [Shareholder1. Name] shareholder 1 address shareholder 1 city, shareholder 1 state, shareholder 1 zip [Shareholder2.

Name] shareholder 2 address shareholder 2 city, shareholder 2 state, shareholder 2 zip [Shareholder3. You can modify it and reuse it. Back to top. Home Documents. General Business Documents.

Share Transfer Form. Formats Word and PDF. Size 1 to 2 pages. How does it work? Choose this template Start by clicking on "Fill out the template". Complete the document Answer a few questions and your document is created automatically. Save - Print Your document is ready!

Share Certificate A Share Certificate is a written document which serves as a legal proof of a shareholder's ownership of shares in a company.

This document can only be used by the following type of companies: Private Company Limited by Shares. This is the most common type of company. The liability of the members is limited by the shares the shareholders hold in the company which remains unpaid. This means is that in the event of winding up, the members are only liable to pay such amount of unpaid shares if any.

This type of company does not offer its shares to the members of the public. The name of the company must end with "Limited". Public Company Limited by Shares. This is similar to the private company limited by shares but it can invite the members of the public to subscribe to its shares that may be listed on the Nigerian Stock Exchange.