THIS ACCORD ON STOCK EXCHANGE (`agreement`) is concluded and registered on 31 March 2015 to take effect from the effective date of the IPO (hereafter referred to as Boxlight Corporation (formerly Logical Choice Corporation), a Nevada corporation (the “company”); (C) Logical Choice Corporation, a Delaware corporation (“LCC”); and (C) Green Capital Corp., a Delaware company (“Green,” for itself and as agent and agent (the escrow agent) for Series A LCC preferred share holders, who are included in L`Artiver A and have made a part of it (together the “LCT Minority Stockholders”). The company, LCC and Vert are sometimes referred to individually as “party” and collectively as “parties”. 4. RESULTS OF THE FORMALITÉ IT is agreed that if the planned transfer of shares will not be effective due to a lack of formalities (including, but not only the incorrect registration of the transfer in the company`s registers or following a refusal by the directors of the company whose shares are transferred), the transfer of all economic shares of the shares by the creation of a trust in favour of the beneficiary in which the shares form the subject, and the assignor is the agent. 1.1 The assignor transfers all shares to the purchaser in absolute terms, taking into account the amount mentioned in point 2. 5.14 This share transfer contract can be executed either as an original or in addition to a pendant. 2. TRANSFERT PRICE It is agreed that the shares will be transferred at the price of [PRICE]. After the signing of the document, the transferor must submit this document and his initial subscription certificate to the company whose shares have been transferred to confirm the transfer.
PandaTip: If you do not wish to include the right of conciliation or if you wish to choose another arbitrator, you can amend or remove this clause. Arbitration sometimes seeks to demonstrate that in the event of a dispute, the contracting parties must participate in a private arbitration hearing and cannot use the threat of legal action to force the other party`s hand. 5.12 This share transfer agreement may be carried out in more than one language between the parties and, in the event of a conflict between the various translations of this share transfer agreement, the English version prevails. 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). The assignor is the registered holder of these shares or shares pursuant to Schedule A (the “shares”). It describes the information provided by the party that sells or transfers its shares to another (the assignor), the amount of shares to be transferred, the cost or value of each share, the company, its shares, etc.
The assignor NuZee, Inc. (hereafter referred to as the seller) and the purchaser, Eguchi Holdings Co., Ltd. (hereafter referred to as the purchaser), enter into an agreement on the transfer of common shares, as follows. There are many types of documents used to settle a transfer of corporate shares, including: A share purchase agreement also contains payment information such as: 5.15 This share transfer agreement binds the two parties because of the conduct of both parties and despite a defect or error in the formality of its execution for both parties.