Who is Buyer?

• The buyer, i.e., a person who purchases shares, is:

  • An individual
  • A business or company

• Indicate the full name of Buyer:

• Indicate the full name of company (Buyer):

• The buyer's company has:

  • ACN number
  • ABN number

  !

  An ABN is a unique 11-digit number issued by the Australian Business Register to identify a business operating in Australia. It is used for tax purposes, invoicing, and dealing with government agencies and other businesses.

  An ACN is a unique 9-digit number issued by the Australian Securities and Investments Commission to identify a registered company in Australia. It confirms that the company is legally registered under Australian corporate law.

• Indicate the buyer's ACN number:

• Indicate the buyer's ABN number:

• Indicate the full business or residential address of the buyer:

About this Agreement

• Select the date on which parties sign this Agreement:

• Select the state or territory in which the company whose shares are being sold is registered:

  Choose option New South Wales Queensland Victoria Tasmanis South Australia Western Australia Australian Capital Territory Northern Territory

• Indicate the full name of the company whose share are being sold:

• Indicate the full business address of the company whose shares are being sold:

Share Details

• How many shares does the Buyer wish to purchase?

• Specify the par value of one share (in Australian Dollars):

  !

  Par value is the nominal value of a shares as stated in the company’s bylaws, constitutions or share certificates.

  It is a share’s minimum price and not its market value.

• The Seller transfers:

  • all shares in the company
  • some shares

  !

  When a seller transfers all shares, a seller ceases to be a shareholder.

  However, when a portion of a seller’s shares is being transferred, a seller remains a shareholder of the company with the remaining shares.

Payment Details

• Specify the total purchase price for which the Buyer purchases shares, in Australian dollars:

• The purchase price shall be paid:

  • In full on the date of signing this Agreement
  • In full on the other date
  • According to specific schedule

• Select the date, on which the purchase price shall be paid in full:

• Describe in detail schedule according to which the purchase price shall be paid:

• Indicate all acceptable payment methods the Buyer can use to pay the purchase price:

Miscellaneous

• Once the sale-purchase of shares is finalised, the Seller shall not disclose any confidential information about the company for the period of:

  Choose option one (1) year two (2) years three (3) years

• Select the closing date:

  !

  The closing date is the specific date on which the transfer of ownership of shares is finalised.

  It means that by this day a seller shall transfer their shares along with a respective share certificate, and the buyer shall pay agreed purchase price in full.

• Is prior approval from the other shareholders required for the Seller to transfer their shares?

  • Yes
  • No

  !

  A company’s constitution or shareholder agreements may restrict a shareholder’s right to transfer shares. Those restrictions may include:

  – to seek a prior approval from the remaining shareholder to make a transfer of shares to a third parties;
  – to offer sale of shares first to the remaining shareholder (i.e., the right of first refusal); or
  – any other limitations.

  Failure to receive such an approval makes a transfer of shares under the present agreement void (i.e., not legally binding).

• Is the Seller a party to any existing shareholder agreement with other company's shareholders?

  • Yes
  • No

• Do you want to add a Seller's signature?

  • Yes
  • No

• Add a Seller's signature:

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