(a) shareholders may mortgage their shares as collateral for all obligations they have incurred, provided that the pawnbroker executes a written agreement, provided that the taker is subject to all the terms of this agreement. 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. 4. LACK OF FORMALITY EFFET It is agreed that if the planned transfer of shares is not effective due to a lack of formalities (including, but not limited, to the non-registration of the transfer in the company`s registers or as a result of a refusal on the part of the directors of the company whose shares are transferred), the transfer of all shares in the purchaser by establishing trust in the purchaser as a beneficiary and the assignor is the agent. 6.1 No shareholder will sell, sell, transfer, sell, sell, give, give, mortgage, mortgage, mortgage, charge or other charge, or any other charge or agreement with any of its shares without the prior written consent of the other shareholders, except in accordance with this Agreement. PandaTip: Add the fees here. If the shares are transferred as a gift, then you should list $10 as a cost. This is because, in many states and countries, a contract requires some prejudice or loss on behalf of both parties (even if it is a nominal amount). 5.3 Any shareholder who wishes to acquire part or all of the issued share must inform the company in writing (paper or electronic). 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”).
(b) To the extent that the founders received shares (“founding shares”) in the company against nominal consideration, the founders agreed that the shares covered in Schedule A of this agreement would be subject to the provisions of free movement. Vesting means that the shares are subject to cancellation or repurchase at the cost of acquisition by the company, unless specific time events occur. In the event that the company is acquired by a third party or a third party, all shares subject to intrusion will be transferred in full on that date. These decomposition provisions are the same: 5.2 When the company proposes the issuance of other shares (the “issued shares”), the issued shares are offered to shareholders at a price and on terms set by the Board of Directors. The company provides each shareholder with a written notification (the “communication to issue”) specifying the price and conditions under which the issued shares are offered.