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Share Transfer Agreement Template for Qatar

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Key Requirements PROMPT example:

Share Transfer Agreement

"I need a Share Transfer Agreement under Qatar law for the sale of 60% shareholding in a private technology company to a foreign investor, with completion scheduled for March 2025 and including earn-out provisions based on the company's performance."

Document background
The Share Transfer Agreement is a crucial document used when transferring ownership of shares in a Qatar-registered company. It is essential for both private and public company transactions, though different rules apply to each. The agreement must strictly comply with Qatar's legal framework, particularly the Commercial Companies Law No. 11 of 2015 and the Foreign Investment Law No. 1 of 2019. It typically includes detailed provisions about the shares being transferred, purchase price, payment mechanisms, warranties, and various conditions that must be satisfied for the transfer to complete. The document is particularly important as it serves as evidence of the transaction for Qatar's Ministry of Commerce and Industry, and may be required for updating the commercial register. When foreign investors are involved, additional provisions addressing foreign ownership restrictions and required approvals must be included.
Suggested Sections

1. Parties: Identification of the Seller(s) and Buyer(s) with full legal names and addresses

2. Background: Context of the transaction, description of the company whose shares are being transferred, and current ownership structure

3. Definitions: Key terms used throughout the agreement, including Company, Shares, Completion Date, and other relevant definitions

4. Sale and Purchase: Core transaction terms including number of shares, price, and basic transfer obligations

5. Purchase Price: Detailed terms of consideration, payment method, and any adjustments

6. Conditions Precedent: Required approvals, consents, and conditions that must be satisfied before completion

7. Completion: Mechanics of the transfer, timing, and actions required at completion

8. Seller's Warranties: Representations and warranties regarding the shares, company, and seller's capacity

9. Buyer's Warranties: Representations and warranties regarding buyer's capacity and regulatory compliance

10. Pre-Completion Obligations: Obligations of parties between signing and completion, including conduct of business

11. Confidentiality: Obligations regarding transaction confidentiality and announcement restrictions

12. Notices: Process for formal communications between parties

13. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and jurisdiction for disputes

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

Optional Sections

1. Tax Covenants: Used when specific tax indemnities or allocations are required

2. Non-Competition: Include when seller restrictions post-completion are necessary

3. Earn-out Provisions: Used when part of purchase price is contingent on future performance

4. Foreign Investment Compliance: Required when buyer includes foreign investors

5. Break Fee: Include when parties want to specify damages for failure to complete

6. Emergency Situations: Include when specific provisions for force majeure or emergency situations are needed

7. Employee Matters: Used when transfer affects key employees or employee arrangements

8. Intellectual Property: Include when company has significant IP assets requiring special provisions

Suggested Schedules

1. Details of the Company: Complete corporate information including registration details

2. Share Certificate Details: Copies or details of share certificates being transferred

3. Warranties: Detailed warranties given by the seller regarding the company and shares

4. Company Accounts: Recent financial statements and management accounts

5. Properties: Details of company's real estate assets if material

6. Material Contracts: List and details of key commercial contracts

7. Required Consents: List of third-party and regulatory consents required

8. Completion Requirements: Detailed list of documents and actions required at completion

9. Form of Transfer Instruments: Template share transfer forms and other required documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions







































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Relevant Industries

Financial Services

Real Estate

Manufacturing

Technology

Retail

Healthcare

Professional Services

Construction

Energy

Telecommunications

Hospitality

Education

Transportation

Media and Entertainment

Industrial Services

Relevant Teams

Legal

Finance

Corporate Secretariat

Compliance

Risk Management

Corporate Development

Mergers & Acquisitions

Treasury

Corporate Governance

Business Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Director

Corporate Secretary

General Counsel

Head of Mergers & Acquisitions

Finance Director

Compliance Officer

Investment Manager

Corporate Governance Officer

Board Director

Managing Director

Commercial Director

Risk Manager

Business Development Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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