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If you are purchasing or selling an interest in a close corporation, then this is the correct document for you. Much like the purchase and sale of shares in a company, these can be complex transactions that are often prone to disputes. A written agreement regulating matters like the purchase price, payment details, confidentiality, dispute resolution, etc is critical.
When appointing a non-executive director – it is strongly recommended that a written contract is put in place. This ensures that the non-executive director’s obligations are outlined, that the termination provisions are clear and that the remuneration is properly documented.
If you are purchasing a business or even the shares in a company, you need to conduct a due dliligence. The due diligence checklist is a comprehensive list of the items that you typically need to investigate in properly assessing the affairs of the company.
