Description
Memorandum of Understanding for Shares
This is a Precedent Memorandum of Understanding, to be used for pre-negotiation purposes and is for the sale/purchase of shares from a shareholder in a company.
This Precedent:
- Is in word format;
- Is easily customised;
- Is binding from signature date;
- Includes conditions precedent (finance and definitive agreements eg sale of shares agreement and shareholders agreement);
- Is to be used in pre-negotiations and can be used to obtain finance;
- Includes terms in respect of Confidentiality.
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