5.4 Each contracting party heres all the necessary powers and authorizations to enter into this share transfer agreement. 1.3 The transfer takes effect with the execution of this share transfer contract and the payment of the amount covered in point 2. 5.7 Any delay or non-application of the terms of this share transfer agreement and any delay in the event of a violation of its clause by a party does not constitute a waiver of those rights. 5.15 This share transfer agreement binds the two parties because of the conduct of both parties and despite a defect or error in the formality of the execution of both parties. PandaTip: You can start the pages of this agreement to make sure the calendar can`t be changed later. 5.8 Each party ensures that it does not take any action that could affect, obstruct or affect the obligations of the other party set out in this share transfer agreement. 6. VARIATION This share transfer agreement may be amended and any changes must be made in writing by both parties. PandaTip: This schedule should include all shares or shares transferred as part of this share transfer agreement. When shares or shares are transferred to more than one company, they should have their own line in a table such as the one below. They should present the transferred actions in the most detailed way possible. Try to include the class of shares, the face value of the shares and their payment. We add a few examples below: 5.10 Unless the text of a clause and the entire share transfer contract indicate that a specific clause must mean something other than: All words that are contained only in the singular are considered plural.
(and vice versa) and all words designated in a given sex are considered to be all genders and all terms that refer to any form of person or person are considered legal persons (for example. B companies) and individuals (and vice versa). 8.1 This transfer of shares is under the exclusive jurisdiction of the laws of [STATE AND COUNTRY]. This share transfer agreement (the “agreement”) defines the conditions under which [TRANSFEROR NAME] (the “Transferor”), a company, which is duly registered under the [STATE] law with the registered number [REGISTERED NUMBER] and has its address registered under [REGISTERED ADDRESS] transfers certain shares it holds to [TRANSFEREE NAME] (the “Transferee”), a company duly registered in accordance with the law of [STATE] with the registered number [REGISTERED NUMBER] and which has its address registered with [REGISTERED NUMBER] parties”). 5.12 This share transfer agreement may be carried out in more than one language between the parties and, in the event of a conflict between the various translations of this share transfer agreement, the English version prevails. 5.16 The assignor presents himself irrevocably and undertakes to compensate and compensate the purchaser for any loss resulting from a breach of the guarantees or other conditions of this share transfer agreement. 1.2 The transfer is absolute and covers all rights and obligations related to the shares, including, but not limited to all rights to dividends, voting rights and voting rights, in order to avoid doubting that the dividends due but not yet paid are due and distributed to the purchaser. While Part B intends to transfer all shares held by Songyuan City Liuhe Co., Ltd. (the “Liuhe”) to voluntary and equal negotiations between the parties, the parties conclude this agreement on the basis of the Memorandum of Understanding which was executed on 26.03.2011 (the LOI), contract law, corporate law and other related laws and regulations.