Shares (or shares) are shares of a company divided among shareholders (also known as shareholders). The acquisition of shares is the acquisition of a company`s operating activities. No existing company contract changes with a sales contract. When a shareholder decides to sell shares, the shareholder gets a complete break with the transaction. As far as the purchaser of the shares of the business is concerned, there may be a number of contractual commitments to the company, which are also called guarantees that continue to engage a shareholder after the sale of the company`s shares. 12.6. The restrictive agreements covered in Clauses 12.1, 12.2 and 12.3 apply for up to two years from the date of termination of the seller`s employment contract (or if the seller continues to provide services, is an employee or director of the companies or a company in the group following such termination, up to two years from the date on which he ceases to provide services or the employee or director of the [company] or a company. a restrictive contract in a share sale agreement prevents a seller from competing with the stock buyer for a certain period of time, when the sale is concluded. This may contain certain clauses, z.B.: Sometimes the sale is made when the share purchase agreement is signed, and sometimes it occurs later. (Closing is the date the shares are transferred)) 15.1. [A] is entitled to transfer or renew all rights and obligations under this Agreement to any other member of the group after which all references contained in this Agreement to [-] are understood as references to the assignee. The seller and the companies here matter agree that a separate agreement is not necessary for such a transfer to take effect, but if other measures, consents or documents are necessary to complete such a transfer, the seller and the companies undertake to do so or to provide it.
Apr 12 2021