51Ƶ

Contract For Sale Of Shares In A Private Company for Germany

Contract For Sale Of Shares In A Private Company Template for Germany

A comprehensive legal agreement governed by German law that documents the sale and purchase of shares in a private company (typically a GmbH). The agreement details the terms and conditions of the share transfer, including purchase price, payment terms, warranties, and indemnities. It must comply with German corporate law requirements, particularly the GmbHG, and requires notarization to be legally valid. The document includes provisions for due diligence findings, conditions precedent, closing mechanics, and post-closing obligations, while addressing specific German legal requirements such as form requirements and transfer restrictions.

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 Contract For Sale Of Shares In A Private Company?

The Contract For Sale Of Shares In A Private Company is a crucial document used in German M&A transactions for transferring ownership of shares in private companies. It is particularly relevant for small to medium-sized enterprises (Mittelstand) and larger private companies alike. The document must comply with strict German legal requirements, including mandatory notarization under § 15 GmbHG, and typically incorporates extensive warranties and representations to protect both buyer and seller. This agreement is essential in situations where shareholders wish to exit their investment, companies seek to acquire competitors or complementary businesses, or in corporate restructuring scenarios. The document addresses specific German law considerations such as liability regimes, warranty limitations, and local corporate law requirements, while also incorporating international best practices in M&A transactions.

What sections should be included in a Contract For Sale Of Shares In A Private Company?

1. Parties: Identification of the seller(s), purchaser(s), and any other parties to the agreement

2. Background: Context of the transaction, including description of the target company and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core transaction terms including the shares being sold and purchase price

5. Purchase Price: Detailed provisions on the purchase price, payment terms, and any adjustments

6. Closing Conditions: Conditions precedent that must be satisfied before closing

7. Closing: Mechanics and timing of the closing, including required actions and deliverables

8. Seller's Warranties: Representations and warranties given by the seller regarding the shares and company

9. Purchaser's Warranties: Basic representations and warranties given by the purchaser

10. Liability and Indemnification: Provisions governing liability and indemnification obligations

11. Confidentiality: Obligations regarding confidential information

12. Notices: Process for giving formal notices under the agreement

13. Governing Law and Jurisdiction: Specification of German law as governing law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

What sections are optional to include in a Contract For Sale Of Shares In A Private Company?

1. Non-Competition: Restrictions on seller's competitive activities, used when seller has significant know-how or customer relationships

2. Employee Matters: Specific provisions regarding employees, used when employment arrangements are material to the transaction

3. Tax Covenant: Specific tax-related warranties and indemnities, used for companies with complex tax situations

4. Real Estate: Specific provisions regarding company-owned real estate, used when real estate is material

5. Intellectual Property: Detailed IP provisions, used when IP is a significant company asset

6. Bank Financing: Provisions related to external financing, used when purchase price is partially bank-financed

7. Earn-out Provisions: Structure for additional payments based on future performance, used when parties agree on performance-based pricing

8. Pre-Closing Covenants: Obligations between signing and closing, used when there's a split signing and closing

What schedules should be included in a Contract For Sale Of Shares In A Private Company?

1. Share Information: Details of the shares being transferred, including share certificates and numbers

2. Company Information: Key details about the target company including corporate documents

3. Warranties: Detailed warranties given by the seller

4. Disclosed Information: List of documents and information disclosed against the warranties

5. Real Estate Schedule: Details of any real estate owned or leased by the company

6. Material Contracts: List and copies of material contracts

7. Intellectual Property: List of IP rights owned or licensed by the company

8. Employee Information: List of employees and their key employment terms

9. Closing Deliverables: List of documents to be delivered at closing

10. Form of Resignation Letters: Template resignation letters for departing directors

11. Form of Powers of Attorney: Template powers of attorney if required for closing

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

Germany

Publisher

Genie AI

Document Type

Sales Contract

Sector

Sales

Cost

Free to use

Find the exact document you need

Agreement To Sell With Possession

German law agreement combining property sale terms with immediate possession rights, used when buyer needs early occupation before ownership transfer.

Download

Agreement To Sell Immovable Property

A German law-governed agreement for the sale and transfer of immovable property, requiring notarization and compliance with the German Civil Code.

Download

Purchase Lease Option Property

A German law-governed agreement combining property lease terms with a future purchase option, structured according to BGB requirements.

Download

Form For Sale Of Vehicle

A German law-compliant vehicle sale agreement template for documenting vehicle transfers and protecting parties' interests.

Download

Dog Selling Contract

German law-compliant contract for the sale and transfer of ownership of a dog, incorporating relevant animal welfare and civil code requirements.

Download

Vehicle Purchase Form

A standardized German law-compliant document for vehicle sales and purchases, facilitating legal transfer of vehicle ownership under BGB regulations.

Download

Lease To Purchase Contract

A German law-governed agreement combining lease and purchase elements, allowing property rental with a future purchase option or obligation (Mietkaufvertrag).

Download

Real Estate Listing Contract

A German-law governed agreement between property owner and real estate broker establishing terms for property listing and sale services.

Download

Export Sale Contract

German law-governed contract for international sale and export of goods, incorporating German commercial law and EU export regulations.

Download

International Sales Agreement

German law-governed agreement for international sale of goods, incorporating CISG and German commercial law provisions.

Download

Sale And Contract Of Sale

A German law-governed sale agreement (Kaufvertrag) documenting the transfer of goods or property from seller to buyer, incorporating BGB requirements.

Download

Houses For Sale Contract For Deed

A German law-governed contract for the sale of real estate through installment payments, with notarization requirements and land register compliance.

Download

Contract Sales Representative

A German law-governed agreement establishing the relationship between a company and its sales representative, compliant with the German Commercial Code (HGB).

Download

Contract Of Sale And Agreement To Sell

German law-governed agreement detailing terms and conditions for present and future sale transactions between parties.

Download

Sale Agreement With Possession

A German law-governed agreement for asset sales that specifically addresses possession transfer timing and conditions, distinct from ownership transfer under German legal requirements.

Download

Car Dealer Purchase Agreement Form

A German law-compliant agreement between a car dealer and buyer for the sale of a vehicle, incorporating all essential sale elements and statutory requirements.

Download

Sales Manager Contract

German law-compliant employment contract template for Sales Manager positions, including sales-specific provisions and commission structures.

Download

Horse Sale Contract With Payments

German law-governed contract for horse sale with installment payments, including ownership transfer conditions and buyer/seller protections.

Download

Exclusive Rights To Sell Agreement

A German law-governed agreement granting exclusive rights to sell products/services within a specified territory, establishing terms and conditions for exclusive distribution.

Download

Contract For Sale Of Shares In A Private Company

A notarized German law agreement for the sale and purchase of shares in a private company, detailing terms, conditions, and warranties of the share transfer.

Download

Deed Of Sale Of A Portion Of Land

A notarized German legal document for transferring ownership of a divided portion of land, complying with German property law requirements and land registry regulations.

Download

Deed Of Sale Form For Motorcycle

A German law-compliant document formalizing the sale and ownership transfer of a motorcycle, including all necessary legal and regulatory requirements.

Download

Contract To Sell Form

A German law-governed agreement (Kaufvertrag) that formalizes the sale of goods or property between parties, establishing terms and conditions in compliance with the German Civil Code.

Download

Private Car Sale Deposit Contract

A German law-governed contract establishing terms and conditions for a vehicle sale deposit between private parties.

Download

International Sales Representative Agreement

German law-governed agreement establishing terms for international sales representation, including territory rights, commissions, and obligations under the HGB.

Download

International Sales Commission Agreement

A German law-governed agreement establishing terms between a principal and sales agent, including commission structures and mandatory agent protections under German Commercial Code.

Download

Domain Name Sale Agreement

A German law-governed agreement for the sale and transfer of domain name ownership, including terms, conditions, and transfer procedures.

Download

International Sales Contract

German law-governed International Sales Contract for cross-border commercial transactions, incorporating key German legal requirements and international trade provisions.

Download

Shares Sale And Purchase Agreement

A German law-governed agreement for the sale and purchase of company shares, detailing transfer terms, warranties, and completion requirements under German corporate law.

Download

Sales Partner Agreement

German law-governed agreement establishing terms for sales partnership, including territory rights, commissions, and obligations under HGB requirements.

Download

Car Sale Contract

A German law-compliant contract for the sale and purchase of a motor vehicle, incorporating essential sale terms and German regulatory requirements.

Download

Offer To Purchase Form Private Sale

A German law-compliant formal offer document outlining terms and conditions for purchasing property or assets in a private sale transaction.

Download

Conditional Sale Agreement

A German law agreement for the sale of goods where ownership is retained by the seller until full payment is received, governed by the German Civil Code (BGB).

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