51Ƶ

Transfer Of Shares Agreement Template for Australia

A Transfer of Shares Agreement is a legally binding document used in Australian jurisdictions to formalize and execute the transfer of company shares from one party (the transferor) to another (the transferee). This document complies with the requirements of the Australian Corporations Act 2001 and relevant state legislation, detailing the terms and conditions of the share transfer, including the number and class of shares, purchase price, payment terms, warranties, and completion requirements. It includes provisions for due diligence, representations and warranties, and may incorporate conditions precedent and post-completion obligations.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Transfer Of Shares Agreement?

The Transfer of Shares Agreement is a fundamental document in Australian corporate transactions, used whenever ownership of company shares needs to be legally transferred between parties. This agreement is essential for both private and public companies, though its complexity may vary depending on the transaction size and nature. The document must comply with the Corporations Act 2001, relevant state legislation, and any applicable ASX requirements for listed companies. It typically includes detailed information about the shares being transferred, purchase price, payment terms, warranties, and completion requirements. The agreement is particularly important as it provides legal protection for both parties and ensures proper documentation of the ownership change for corporate and tax purposes. A Transfer of Shares Agreement may be used in various scenarios, from simple transfers between existing shareholders to complex corporate acquisitions.

What sections should be included in a Transfer Of Shares Agreement?

1. Parties: Identifies and provides full details of the transferor (seller) and transferee (buyer) of the shares

2. Background: Outlines the context of the transfer, including details about the company whose shares are being transferred and the parties' intentions

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation rules

4. Agreement to Sell and Purchase: Core provision establishing the agreement to transfer the shares from seller to buyer

5. Purchase Price: Specifies the amount to be paid for the shares and payment terms

6. Conditions Precedent: Lists any conditions that must be satisfied before the transfer can complete

7. Completion: Details the completion process, timing, and obligations of each party at completion

8. Seller's Warranties: Warranties given by the seller regarding the shares, the company, and their authority to sell

9. Buyer's Warranties: Warranties given by the buyer regarding their authority and capacity to purchase

10. Confidentiality: Obligations regarding confidential information related to the transaction and the company

11. Announcements: Requirements for any public announcements about the transaction

12. Notices: Specifies how formal notices under the agreement must be given

13. General Provisions: Standard boilerplate clauses including governing law, jurisdiction, and entire agreement

What sections are optional to include in a Transfer Of Shares Agreement?

1. Tag Along Rights: Include when other shareholders should have the right to join the sale on similar terms

2. Drag Along Rights: Include when majority shareholders should have the right to force minorities to join the sale

3. Non-Competition Covenant: Include when the seller should be restricted from competing with the company post-sale

4. Tax Indemnity: Include when specific tax risks need to be allocated between the parties

5. Earn-out Provisions: Include when part of the purchase price is contingent on future performance

6. Security for Claims: Include when security is required for warranty claims or other obligations

7. Break Fee: Include when a fee should be payable if either party terminates the agreement

8. Third Party Consents: Include when specific third party approvals are required for the transfer

What schedules should be included in a Transfer Of Shares Agreement?

1. Share Details: Details of the shares being transferred including class, number, and percentage of total issued capital

2. Company Details: Key information about the company including corporate structure, subsidiaries, and material contracts

3. Warranties: Detailed list of warranties given by the seller regarding the company and shares

4. Completion Requirements: Detailed list of documents and actions required at completion

5. Encumbrances: List of any existing encumbrances on the shares

6. Required Consents: List of third party consents required for the transfer

7. Completion Accounts: Format and requirements for any completion accounts

8. Share Certificate: Copy of share certificate(s) being transferred

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Australia

Publisher

Genie AI

Document Type

Transfer Agreement

Cost

Free to use

Find the exact document you need

Assignment In Lease Agreement

An Australian law-governed agreement that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord consent.

Download

Assignment Of Membership Interest

An Australian legal document facilitating the transfer of business membership interests from one party to another, governed by federal and state legislation.

Download

Confirmatory Patent Assignment

An Australian legal document confirming a previous patent rights transfer between parties, including detailed patent information and ownership warranties.

Download

Money Transfer Contract

An Australian law-governed agreement for money transfer services, ensuring regulatory compliance and defining service terms.

Download

Transfer Of Service Agreement

An Australian legal agreement governing the transfer of services between providers, ensuring compliant transition of operations, personnel, and obligations.

Download

Transfer Copyright Ownership Contract

An Australian law-compliant agreement that transfers full copyright ownership from one party to another, including all associated rights and obligations.

Download

Transfer Agency Agreement

An Australian-law governed agreement between a company and transfer agent for managing shareholder records and securities transfers, complying with local regulatory requirements.

Download

Employee Transfer Agreement

An Australian law-compliant agreement facilitating the transfer of employment between employers while preserving employee rights and entitlements.

Download

Car Ownership Transfer Agreement

An Australian legal agreement documenting the transfer of vehicle ownership between parties, ensuring compliance with federal and state vehicle transfer requirements.

Download

Business Asset Transfer Agreement

An Australian law agreement governing the transfer of business assets between entities, detailing terms, conditions, and completion requirements.

Download

Technology Transfer Contract

An Australian law-governed agreement for transferring technology, IP rights, and technical know-how between parties, including implementation and commercial terms.

Download

Source Code Transfer Agreement

An Australian law-governed agreement for transferring ownership and rights of software source code between parties, including delivery and acceptance provisions.

Download

Simple Business Sale Agreement

An Australian legal agreement for the straightforward sale and purchase of a business, outlining key terms and conditions of the transfer.

Download

Real Estate Transfer Agreement

An Australian legal document facilitating property ownership transfer between parties, compliant with federal and state property laws.

Download

Partial Assignment Of Lease

An Australian legal document that enables the transfer of part of a lease's rights and obligations from an existing tenant to a new tenant while maintaining some rights with the original tenant.

Download

Note Transfer Agreement

An Australian law-governed agreement facilitating the transfer of notes or debt instruments between parties, ensuring regulatory compliance and protecting all parties' interests.

Download

Interest Transfer Agreement

An Australian law-governed agreement facilitating the transfer of legal or beneficial interests between parties, compliant with federal and state regulations.

Download

Business Sales Agreement Contract

An Australian law-governed agreement documenting the terms and conditions for the sale and purchase of a business, including assets, obligations, and warranties.

Download

Asset Transfer Agreement Between Related Companies

Australian-law agreement for transferring assets between related companies within the same corporate group, ensuring regulatory compliance and proper documentation of intra-group transfers.

Download

Facility Transfer Agreement

An Australian law agreement governing the transfer of facility rights and obligations between financial institutions, ensuring regulatory compliance and proper transfer mechanics.

Download

Assignment Of Interest Agreement

An Australian law-compliant agreement for the formal transfer of rights, interests, or property from an Assignor to an Assignee.

Download

Promissory Note Transfer Agreement

An Australian law-governed agreement that documents the transfer of a promissory note from one party to another, including terms, conditions, and completion requirements.

Download

Software Ownership Transfer Agreement

An Australian law-governed agreement for transferring complete ownership rights of software from one party to another, including all associated intellectual property and assets.

Download

Simple Real Estate Purchase Agreement Between Family Members

An Australian-compliant real estate purchase agreement specifically designed for property transfers between family members, incorporating standard sale elements with family-specific considerations.

Download

Simple IP Assignment Agreement

An Australian-law governed agreement for transferring intellectual property rights from one party to another, ensuring legal compliance with Australian IP regulations.

Download

Intra Company Agreement

An Australian-law governed agreement that formalizes arrangements and relationships between related entities within a corporate group.

Download

Technology Sharing Agreement

An Australian law-governed agreement establishing terms for sharing proprietary technology between parties, including IP rights, implementation requirements, and security measures.

Download

Operations Transfer Agreement

An Australian law-governed agreement facilitating the transfer of business operations, assets, and responsibilities between entities.

Download

Intercompany Assignment Agreement

An Australian law agreement governing the temporary assignment of employees between related companies, establishing terms, conditions, and responsibilities of all parties.

Download

Unit Transfer Agreement

An Australian law-governed agreement facilitating the transfer of units in a unit trust between parties, including terms, conditions, and regulatory compliance requirements.

Download

Trademark Transfer Agreement

An Australian law-governed agreement for transferring trademark ownership, including all associated rights and obligations under the Trade Marks Act 1995.

Download

Simple Transfer Of Ownership Agreement

An Australian law-compliant agreement facilitating the transfer of ownership of property or assets between parties, with clear terms and warranties.

Download

Personal Property Transfer Agreement

An Australian law-governed agreement facilitating the formal transfer of personal property between parties, ensuring legal compliance and protection of interests.

Download

Intra Group Transfer Agreement

An Australian-law governed agreement for transferring assets, employees, or operations between entities within the same corporate group.

Download

Capital Transfer Agreement

An Australian-law governed agreement that documents and facilitates the transfer of capital between entities, ensuring regulatory compliance and defining transfer terms.

Download

Assignment Of Lease From Seller To Buyer

An Australian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, subject to landlord's consent and state property laws.

Download

Transfer Payment Agreement

An Australian law-governed agreement establishing terms and conditions for structured payments between parties, including payment details, obligations, and compliance requirements.

Download

Franchise Transfer Agreement

An Australian law-governed agreement facilitating the transfer of franchise rights and obligations between franchisees, ensuring compliance with the Franchising Code of Conduct.

Download

Wire Transfer Agreement

An Australian-compliant agreement governing the terms and conditions for wire transfer services between a financial institution and its customers.

Download

Partnership Transfer Agreement

An Australian law-governed agreement facilitating the transfer of partnership interests, including terms, conditions, and obligations of all involved parties.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it