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Sale of Shares Agreement Precedent

(Sale of Shares/ Share Purchase)

  • This Sale of Shares Agreement is a contract precedent for the sale of shares in a company (Private limited company in South Africa)
  • What is a Sale of Shares Agreement: This is an agreement where a shareholder in the company sells the shares owned by that shareholder to another person (either another shareholder or a third party)
  • A sale of shares is different to a sale of business – which provides for the sale of the “Company’s business” as a going concern
  • In the case of sale of shares agreement, the new purchaser becomes a shareholder in the company (owns a percentage share in the company)
  • The Purchaser will now have the right to (subject to the MOI and shareholders agreement):
    1. Vote at shareholder meetings;
    2. Be entitled to appoint a director/s;
    3. Receive a dividend
    4. If there is more than one shareholder – we suggest that a Shareholders Agreement also be entered into (click here to view our Shareholders Agreement Precedent).


  • Fully customisable
  • Use in Microsoft word
  • Fully printable
  • A4




Sale of Shares Agreement Precedent for the sale of shares by a shareholder in a company to another shareholder or 3rd party.

Sale of Shares Agreement Template

About our Sale of Shares Agreement

  • Caters for 1 or 2 sellers to a purchaser
  • Is for the sale of shares held by a shareholder in a company
  • Provides for payment of the Purchase Price – option added to pay in one lump sum or in instalments
  • Option for security for payment
  • This Sale of Shares Agreement is a precedent and is easy to use and customise.  All you need to do is insert your details 
  • Supports Microsoft Work
  • Come with free after sale support

Why our precedents? Unlike other precedent you may find on the internet, our precedents have been carefully drafted by a lawyer with over 13 years experience and in accordance with South African Law

Our agreements have been drafted taking into account what the risks are to your business and the law. We aim to cover all your legal rights and therefore prevent /mitigate law suits later on.

  • Once you have selected your precedent, you can add to basket/ cart
  • You will then be directed to the checkout page
  • You will be requested to provide billing information (NOT Financial information) for the purpose of delivery only
  • You can then choose to pay via payfast or EFT
  • In the case of payfast you can choose to pay by immediate /instant bank transfer, credit card or debit card
  • Once we have received the payment, you will immediately receive an email with the link to your account which includes the precedent for download

We provide free after sale support and advice to assist you in setting your precedents up

On payment you will Immediately receive an email with your link to your account which includes the precedent for downlead

We do not give refunds. However we do guarantee quality of our precedents and in the event of a dispute, we may agree (in our discretion) a partial refund or with an alternative precedent

We do not request, obtain or store any of your personal information. We only require your billing details (name, email address, phone number and address) for delivery purposes of the precedent

About our Legal Precedents

There is no longer a reason for businesses not to have their contracts in place

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Cherine Hoffman

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Buying a Precedent

How to Buy a Legal Precedent?


Search for your agreement template via our navigation search or contact us to request a precedent


Checkout and pay via our secure checkout through payfast (payment can be made by instant transfer, credit or debit card)


On payment, our automated system will give you immediate access via your own secure account. Access whenever you choose

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Additional information


"Shares", "Sale", "Company", Shareholders"

1 review for Sale of Shares Agreement

  1. Fred

    Sold my shares easily and with a professional agreement!

    I would highly recommend CH Legal.


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