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. THE CÉDANT wishes to transfer the shares to the purchaser on the terms set out in this share transfer agreement. 5.4 Each contracting party heres all the necessary powers and authorizations to enter into this share transfer agreement. PandaTip: WARNING! Transfer of partially paid shares (less than 100%) an obligation of the purchaser and is the same as the transfer of a debt. In the last example (Acorn Trading), obtaining these shares would create a $9,000 commitment for the new shareholder. 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. At the end of the LLC membership rate allowance, there is an optional surcharge. This is used when the rest of the LLC members must consent to the transmission. 5.14 This share transfer contract can be executed either as an original or in addition to a pendant. 5.8 Each party ensures that it does not take any action that could affect, obstruct or affect the obligations of the other party set out in this share transfer agreement. This share transfer agreement (the “agreement”) defines the conditions under which [TRANSFEROR NAME] (the “Transferor”), a company, which is duly registered in accordance with [STATE` law] with the registered number [REGISTERED NUMBER] and which has its address registered under [REGISTERED ADDRESS], that it transfers certain shares held by it to [TRANSFEREE NAME] (the “Transferee”), a company duly registered in accordance with the law of [STATE] with the registered number [REGISTERED NUMBER] and which has its address registered with [REGISTERED NUMBER] ADDRESS] (together), the “parties”).
5.13 In the event that a clause (or part of a clause) is found to be unlawful or invalidated by a competent court or other legal authority, this has only the effect of nullity and absence of that clause (or part of a clause) and will not invalidate that share transfer contract entirely. 5.16 The assignor presents himself irrevocably and undertakes to compensate and compensate the purchaser for any loss resulting from a breach of the guarantees or other conditions of this share transfer agreement.