Corporate Contracts
Compliance with the corporate laws is becoming more and more complicated. Our corporate contracts provide you with the tools to ensure that you have the right contracts in place to avoid serious downside risks.
A contract lawyer is important for complex legal transactions. Our Corporate Contracts are comprehensive and each contract lawyer in our team has vast experience. If you need a contract lawyer to assist you in finalising the contract, our team is available to assist you. You can also get in touch with a contract lawyer on our panel in order to get advice.
All of our contracts are provided to you in Word and Pdf format.
Contractzone is a proud member of the Metrofile group.
Pledge
of Shares
R195
Get More InfoIntending to hold Shares as security?
If you are intending to take a pledge of shares, you need this document. The document provides for the holding of a creditor of shares as security for a debt. The physical shares must be delivered to the creditor in order to complete the process.
This contract costs R195 and can be completed in under 10 minutes. You get the document in word and pdf format. If you need any assistance in completing the document, give us a call. We are here to help.
Pledge of Shares
& Suretyship
R195
Get More InfoIntending to hold Shares as security?
If you are intending to take a pledge of shares, you need this document. The document provides for the holding of a creditor of shares as security for a debt. The physical shares must be delivered to the creditor in order to complete the process.
This document also includes a suretyship, linking the liability of the person pledging the shares and the creditor.
This contract costs R195 and can be completed in under 10 minutes. You get the document in word and pdf format. If you need any assistance in completing the document, give us a call. We are here to help.
Shareholders
Agreement & MOI
R295
Get More InfoTime to get your business affairs in order?
The Companies Act 2008 provides that certain provisions of a shareholders agreement are invalid if they is inconsistent with either the Companies Act (2008) and/or with the Memorandum of Incorporation (MOI) of the Company. This makes it vitally important to prepare the Memorandum of Incorporation and the Shareholder Agreement together, so that they are entirely consistent.
If you have an outdated shareholder agreement, it is important to note that it needs to be updated to address changes that arise out of the 2008 Companies Act. If you do not have a shareholder agreement, this is the perfect place to start.
Apart from technical compliance with the Companies Act, a valid and binding shareholders agreement is fundamentally important. Disputes that arise between shareholders and directors have the ability to destroy companies. The shareholders agreement (and MOI) regulates the relationship between shareholders themselves, as well as between shareholders and the company.
One example illustrates the importance of a shareholders agreement - if a shareholder that is a natural person dies - in the absence of a binding shareholder agreement and an MOI that is consistent with the shareholders agreement - there is enormous scope for disputes. A proper shareholders agreement reduces this risk. Of course the shareholder agreement and MOI covers a vast amount of additional ground.
This comprehensive shareholders agreement and MOI costs R295, a small price to pay for the peace of mind that having a proper contract in place gives you (and certainly a fraction of the usual cost). https://www.contractzone.co.za/index.php/number-of-shareholders/
Sale of Shares
Agreement
R295
Get More InfoSelling the shares in your business?
This is an agreement regulating the sale of shares in a company.
The agreement covers the terms of payment, loan accounts, warranties and also provides for an arbitration to be held in the event of any disputes arising.
This particular agreement does not include a restraint of trade, however a separate restraint of trade should be considered (which can be acquired on contractzone.co.za).
This agreement costs R295 and can be completed in under 10 minutes. If you have any questions once you have completed the process - call us - we are here to help you and ensure that you have get the right legal document.
Sale of Shares Agreement (including a Restraint of Trade)
R295
Get More InfoSelling the shares in your business?
This is an agreement regulating the sale of shares in a company.
The agreement covers the terms of payment, loan accounts, warranties and also provides for an arbitration to be held in the event of any disputes arising.
The inclusion of a restraint of trade in this agreement ensures the protection of the goodwill of the business, as well as the interests of the purchaser, by preventing the seller from being involved in a competing business within a specified territory and for a defined time frame. It is important to note that restraint of trade agreements are not invalid (as is often thought) but they are, in fact, valid unless a Court finds that they are contrary to public policy.
This agreement costs R295 and can be completed in under 10 minutes. If you have any questions once you have completed the process - call us - we are here to help you and ensure that you have get the right legal document.
Share Buy Back
Agreement
R295
Get More InfoShare Buy Back Agreement
This is an agreement regulating the repurchase by a company of its own shares. The complete document is provided to you in both word and pdf format.
An often used structure for the sale of shares involves a share buy back by the company from the "seller" and a new subscription by the "purchaser" for shares, so as to avoid capital gains tax.
The agreement covers the terms of payment, risk and ownership, compliance with the Companies Act 2008 and also provides for the resolution of disputes by way of arbitration.
This agreement costs R295 and can be completed in under 10 minutes. If you have any questions once you have completed the process - call us - we are here to help you and ensure that you have get the right legal document.Share Subscription
Agreement
R295
Get More InfoShare Subscription Agreement
This is an agreement to subscribe for shares in a company.
This agreement costs R295 and can be completed in under 10 minutes. If you have any questions once you have completed the process - call us - we are here to help you and ensure that you have get the right legal document.Sale of Business Agreement (Including a Restraint of Trade)
R195
Get More InfoBuying or Selling a Business?
This is a comprehensive agreement regulating the sale of a business. You receive the complete document in word and pdf format.
The agreement provides for zero rating for Value Added Taxation, based on both entities being registered VAT Vendors and on the business being a going concern on the date of the transfer.
In addition, the agreement includes a restraint of trade, which precludes both the seller and a representative of the seller from competing with the business sold. It is important to note that restraint of trade agreements are not invalid (as is often thought). Restraints are in fact and enforceable valid unless a Court finds that they are contrary to public policy. In the context of the sale of a business, the restraint would typically be quite strong.
A suretyship is also included, on the basis that the representative of the seller provides a guarantee of the obligations of the seller (often the seller is an empty shell after the sale of the business, leaving the purchaser with a worthless claim against the seller in the event of a dispute regarding the transaction).
The user is required to select whether the sale will be advertised in terms of Section 34 of the Insolvency Act.
The agreement also covers: stock in trade, warranties, arbitration and the transfer of employees.
This contract costs R195 and can be completed in under 10 minutes. Remember you get the document in word and pdf format. If you need any assistance in completing the document, give us a call. We are here to help.
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