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Deed Of Assignment Of Shares Of Stock
"I need a Deed of Assignment of Shares of Stock for transferring 1000 ordinary shares (representing 25% ownership) in PT. Java Technologies from an individual Indonesian shareholder to a local corporate entity, with completion scheduled for March 15, 2025."
1. Parties: Identification of the Assignor (current shareholder) and Assignee (new shareholder), including their complete legal names, addresses, and any corporate registration details
2. Background: Context of the share transfer, including details about the company whose shares are being transferred and the basis for the transfer
3. Definitions: Definitions of key terms used throughout the deed, including 'Shares', 'Company', 'Completion Date', and other relevant terms
4. Subject Matter of Assignment: Detailed description of the shares being transferred, including number, class, and nominal value
5. Consideration: Details of the payment or consideration for the share transfer
6. Effective Date: Specification of when the transfer becomes legally effective
7. Representations and Warranties: Standard warranties from the Assignor regarding ownership, authority to transfer, and status of the shares
8. Completion Obligations: Actions required by each party to complete the transfer, including documentation and regulatory requirements
9. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and jurisdiction for disputes
10. Execution: Formal execution block including notarial requirements under Indonesian law
1. Conditions Precedent: Used when the transfer is subject to specific conditions such as regulatory approvals or third-party consents
2. Foreign Investment Provisions: Required when the transfer involves foreign investors, addressing compliance with Indonesian foreign investment regulations
3. Tax Provisions: Detailed tax arrangements when specific tax treatments or obligations need to be addressed
4. Staged Completion: Used when the share transfer will occur in multiple stages or tranches
5. Non-Competition and Non-Solicitation: Added when the Assignor needs to be restricted from competing or soliciting business post-transfer
6. Confidentiality: Detailed confidentiality obligations when sensitive information is involved
7. Further Assurance: Additional provisions for future actions that may be required to perfect the transfer
1. Share Details: Detailed schedule of shares being transferred, including share certificate numbers and shareholding history
2. Company Information: Key details about the company including registration number, address, and current shareholding structure
3. Required Regulatory Approvals: List of required government or regulatory approvals needed for the transfer
4. Transfer Documents: Forms and notices required for the share transfer under Indonesian company law
5. Payment Schedule: If payment is in installments or subject to adjustments, details of the payment structure
6. Existing Encumbrances: Details of any existing charges or encumbrances on the shares
7. Corporate Approvals: Copies of relevant corporate approvals, board resolutions, and shareholder resolutions
Authors
Financial Services
Manufacturing
Technology
Real Estate
Mining
Agriculture
Retail
Healthcare
Education
Transportation
Energy
Telecommunications
Professional Services
Construction
Import/Export
Legal
Corporate Secretarial
Finance
Compliance
Risk Management
Corporate Development
Investment
Board of Directors
Mergers & Acquisitions
Shareholder Relations
Chief Executive Officer
Chief Financial Officer
Corporate Secretary
Legal Counsel
Investment Manager
Compliance Officer
Business Development Director
Company Director
Corporate Lawyer
Investment Banker
Financial Controller
Risk Manager
Board Member
Managing Director
Shareholder Relations Manager
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