Scribd Logo
Upload

Welcome to Scribd!

  • 54 views

    Deed of Sale of Shares of Stock

    Uploaded by

    Aly Padua
    This document is a deed of sale transferring shares of stock from a seller to a buyer. It details the number of shares being sold, the purchase price being paid, and warrants that the shares are free of any liens or encumbrances. It authorizes the corporate secretary to transfer the shares to the buyer on the company's books and releases the seller from any future liabilities associated with the shares. The seller and buyer sign and the document is notarized.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Deed of Sale of Shares of Stock

    Uploaded by

    Aly Padua
    54 views3 pages
    This document is a deed of sale transferring shares of stock from a seller to a buyer. It details the number of shares being sold, the purchase price being paid, and warrants that the shares are free of any liens or encumbrances. It authorizes the corporate secretary to transfer the shares to the buyer on the company's books and releases the seller from any future liabilities associated with the shares. The seller and buyer sign and the document is notarized.

    Original Title

    DEED OF SALE OF SHARES OF STOCK

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document is a deed of sale transferring shares of stock from a seller to a buyer. It details the number of shares being sold, the purchase price being paid, and warrants that the shares are free of any liens or encumbrances. It authorizes the corporate secretary to transfer the shares to the buyer on the company's books and releases the seller from any future liabilities associated with the shares. The seller and buyer sign and the document is notarized.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    54 views3 pages

    Deed of Sale of Shares of Stock

    Uploaded by

    Aly Padua
    This document is a deed of sale transferring shares of stock from a seller to a buyer. It details the number of shares being sold, the purchase price being paid, and warrants that the shares are free of any liens or encumbrances. It authorizes the corporate secretary to transfer the shares to the buyer on the company's books and releases the seller from any future liabilities associated with the shares. The seller and buyer sign and the document is notarized.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    DEED OF SALE OF SHARES OF STOCK

    KNOW ALL MEN BY THESE PRESENTS:


    This Deed of Sale of Stock, made and executed this ___________ in Tagaytay City,
    Cavite, by and between:
    BRYAN ____, of legal age, Filipino, and with residence at _________ herein after
    referred to as “Seller”;
    -and-
    ROLAND ____, of legal age, Filipino, and with residence at _________ herein after
    referred to as “Buyer”;

    WHEREAS, the Seller has subscribed a total of _________ shares and paid for
    ___________ shares in the amount of ________________ in the outstanding capital stock of
    ______(the company)_________, a corporation duly organized and existing under the laws of
    the Republic of the Philippines with address at _____________,
    WHEREAS, the Buyer is interested to purchase _________ shares from the seller and
    the seller is willing to sell the same to the Buyer
    NOW THEREFORE, for and in consideration the premises and mutual covenants
    herein, the parties hereby agrees as follows:

    Section 1. SALE – Subject to section 2 hereof, the Seller, for valuable consideration,
    hereby unconditionally sells, cedes, transfer and conveys, and the buyer hereby purchases, the
    Subject Shares, free and clear from any and all liens or encumbrances.
    Section 2. PURCHASE PRICE – As full payment for the Subject Shares, the
    Buyer shall pay the Seller the full amount of _____________ Pesos (Php____.00) Philippines
    currency, receipt of which in full is hereby acknowledge by the seller.
    Section 3. WARRANTIES – The seller warrants and represents that the Subject
    Shares are free and clear from any and all liens and encumbrances, and that it has full power and
    authority to transfer the same.
    Section 4. RELEASE AND DISCHARGE – The Buyer, upon execution of this
    Deed, hereby undertake to guarantee and assume all the obligations of the Seller arising out of or
    in connection with the latter’s ownership and interests over the Subject Shares of the
    Corporation. Accordingly, the Buyer hereby releases and discharges the Seller from any liability
    arising out of or in connection with the Subject Shares.
    Section 5. IRREVOCABLE PROXY – Upon the signing of this Deed, the Seller
    hereby appoints the Buyer as its duly constituted PROXY, with full power and authority to
    represent and vote the Subject Shares at any all stockholders’ meeting, or at any adjournment
    thereof, on all matters that may be brought before said meetings, including the election of
    directors, as fully to all intents and purposes as the Seller might do if present and acting.
    Section 6. TAXES AND OTHER EXPENSES – The capital gains tax, documentary
    stamp tax seal and all other expenses due from the transfer and sale of the Subject Shares, if any,
    shall be account of the Seller.
    Section 7. AUTHORITY TO TRANSFER – The corporate Secretary is hereby
    authorized to transfer the Subject Shares in the name of the Buyer in the books of the
    Corporation.

    IN WITNESS WHEREOF, the Parties have hereunto signed this document on the date
    and place first above written.

    SELLER BUYER
    BRYAN ROLAND
    Tax Identification No: 113-465-046 Tax Identification No: 411-549-757
    ACKNOWLEDGEMENT
    Republic of the Philippines )
    Tagaytay City, Cavite          ) S.S
    BEFORE ME, personally appeared:
    Name: Identification Card

    Known to me and to me known to be the same persons who executed the foregoing
    instrument and acknowledged to me that the same is their free and voluntary act and deed as well
    as of the corporation herein represented.
    This instrument refers to a Deed of Absolute Sale parcels of land located in San Vicente
    II, Silang, Cavite, containing a total area of one thousand one hundred seventy-three square
    meters (1,173.00 sq.m.) consisting of (3) three pages, including this page wherein this
    acknowledgement is written, initialed on each page by the signatories.

    WITNESS MY HAND AND NOTARIAL SEAL, this ____ day of __________, 2022
    in ___________ Philippines.
                                                                       
                                                                                        
    Doc. No.______;
    Page No. ______;
    Book No.______;
    Series of 2022.

    You might also like