Introduction
This contract for sale of business shares is designed for transactions where a purchaser acquires ownership of a company through the purchase of shares from the existing shareholder.
The agreement sets out the terms governing the sale and purchase of shares, including the purchase consideration, completion arrangements and obligations of the parties.
It also includes provisions dealing with vendor warranties, restraints of trade, transfer of company records and post-completion obligations.
This precedent is particularly useful for New South Wales transactions and includes two practical checklists to assist with business sale and completion matters.
What’s Included
This package includes the following documents:
• Contract for Sale of Business Shares precedent
• Vendor Business Sale Transaction Checklist
• Contract for Sale of Business Completion Checklist
These documents provide both the legal agreement and practical transaction guidance for lawyers handling business sale matters.
Professionally Drafted Legal Precedent
Prepared by Australian legal professionals, this precedent provides a practical framework for use with the Contract for Sale and Purchase of Land 2026.
The document is fully editable in Microsoft Word and ready for immediate use.
At A Glance
What This Document Covers
• Sale and purchase of company shares
• Purchase price and deposit arrangements
• Completion and settlement provisions
• Transfer of control of the business
Key Clauses Included
• Vendor warranties and representations
• Restraint of trade provisions
• Completion obligations and documents
• Indemnities and liability provisions
Typical Use
• Sale of a privately owned company
• Acquisition of a business through share transfer
• Business succession transactions
• NSW business sale matters
Download Details
• Lawyer-drafted contract for sale of business shares precedent
• Includes two practical NSW business sale checklists
• Fully editable Microsoft Word documents
• Instant download available immediately after purchase
Drafted by Legal Professionals
Our precedents are prepared by Australian legal practitioners and reflect commonly used legal drafting standards.
Practical and Easy to Use
Each template provides a structured framework that can be adapted to suit the specific transaction or matter.
Instant Access
Download immediately after purchase and edit the document in Microsoft Word to suit your requirements.
Related Precedents
Frequently Asked Questions
What is a contract for sale of business shares?
A contract for sale of business shares is a legal agreement used when a purchaser acquires ownership of a company by purchasing shares from the existing shareholder.
How does a share sale differ from a business sale?
In a share sale the purchaser acquires ownership of the company itself by purchasing shares, whereas in a business sale the purchaser acquires the assets of the business directly rather than the company that owns them.
What issues are usually covered in a share sale agreement?
Share sale agreements typically deal with the purchase price, deposit, transfer of shares, vendor warranties, completion arrangements and restraints of trade following the transaction.
What bonus materials are included with this precedent?
This package includes two practical checklists to assist with business sale transactions, including a vendor checklist and a completion checklist based on NSW business sale practice.
Also Known As
Contracts for sale of business shares may also be referred to as:
• Share Sale Agreement
• Contract for Sale of Shares
• Business Share Purchase Agreement
• Share Transfer Agreement
These agreements document the transfer of ownership of a company through the sale of its issued shares.
Contract for Sale of Business Shares – Instant Download
• Lawyer-drafted contract for sale of business shares precedent
• Includes two practical NSW business sale transaction checklists
• Vendor business sale checklist included
• Contract completion checklist included
• Fully editable Microsoft Word documents
• Suitable for NSW business sale transactions
• Instant download available immediately after purchase
Used by lawyers, businesses and commercial operators across Australia.
Bonus: Includes practical NSW business sale transaction checklists.
Download This Precedent
Instant download. Fully editable Microsoft Word format. Includes practical drafting guidance.