Share Purchase Agreement Installments

Here, the new shareholder uses a debt voucher to pay the purchase price of all the shares. As the new shareholder « pays » the full purchase price in advance (under the note), the new shareholder obtains ownership of all the shares. However, since the new shareholder actually pays cash payments for the shares below the bill over time, the company retains a right of redemption if the new shareholder does not complete the payment. In addition, for shares actually purchased by the new shareholder under the bond, the redemption price may be the price paid by the new shareholder, plus interest. The shares that the new shareholder did not buy below the bill are washed, that is, the company returns the money actually paid, which is 0 $US. Once the new shareholder has paid his or her bill in full, the shareholders` agreement will apply, as I explain above. There are two basic elements for a buy-in: the amount of the buy-in and the time by which the price is paid…