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退股协议书英文范本
ThisShareholderWithdrawalAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween:
ShareholderA:
Name:[FullNameofShareholderA]
Address:[BusinessAddressofShareholderA]
IDNumber:[IDNumberofShareholderA]
ShareholderB:
Name:[FullNameofShareholderB]
Address:[BusinessAddressofShareholderB]
IDNumber:[IDNumberofShareholderB]
I.Recitals
1.ShareholderAandShareholderBareshareholdersof[CompanyName],a[typeofpany]incorporatedunderthelawsof[jurisdiction](the"Company").
2.ShareholderAdesirestowithdrawfromtheCompanyandtransferallofitssharestoShareholderB,andShareholderBagreestoacquiresuchsharesonthetermsandconditionssetforthherein.
II.TransferofShares
1.ShareholderAherebytransfersandassigns,andShareholderBherebyacquires,allofShareholderA'ssharesintheCompany,representing[x]%ofthetotalissuedandoutstandingsharesoftheCompany(the"Shares").
2.ThetransferoftheSharesshallbeeffectedinaccordancewiththelawsandregulationsof[jurisdiction]andthearticlesofassociationoftheCompany.ShareholderAshallexecuteanddeliverallnecessarydocumentsandinstruments,andtakeallotheractionsreasonablyrequestedbyShareholderB,toeffectthetransferoftheShares.
III.Consideration
1.InconsiderationforthetransferoftheShares,ShareholderBshallpaytoShareholderAthesumof[amountinwordsandfigures](the"Consideration").
2.TheConsiderationshallbepaidinthefollowingmanner:
[PaymentMethod1]:[Detailsofthefirstpayment,includingamount,duedate,andpaymentmethod]
[PaymentMethod2]:[Detailsofthesecondpayment,ifapplicable,includingamount,duedate,andpaymentmethod]
...
IV.RepresentationsandWarranties
1.ShareholderArepresentsandwarrantstoShareholderBthat:
IthasthelegalrightandauthoritytoenterintothisAgreementandtransfertheShares.
TheSharesarefreeandclearofallliens,encumbrances,andrestrictions,andtherearenooutstandingoptions,warrants,orotherrightstoacquiretheShares.
IthasnotmadeanyprioragreementsormitmentsthatwouldconflictwiththetermsofthisAgreementorthetransferoftheShares.
AllinformationprovidedbyittoShareholderBinconnectionwiththisAgreementistrue,accurate,andplete.
2.ShareholderBrepresentsandwarrantstoShareholderAthat:
IthasthelegalrightandauthoritytoenterintothisAgreementandacquiretheShares.
IthassufficientfundsandfinancialresourcestopaytheConsiderationinaccordancewiththetermsofthisAgreement.
ItwillplywithallapplicablelawsandregulationsinconnectionwiththeacquisitionoftheShares.
V.RightsandObligationsoftheParties
A.ShareholderA
1.AftertheexecutionofthisAgreementanduponreceiptoftheConsiderationinaccordancewiththetermshereof,ShareholderAshall:
TransferallofitsrightsandinterestsintheSharestoShareholderB,includingbutnotlimitedtotherighttoreceivedividends,voteoncorporatematters,andparticipateinthemanagementoftheCompany.
ProvideShareholderBwithallnecessaryassistanceandcooperationinconnectionwiththetransferoftheShares,includingbutnotlimitedtosigninganddeliveringanydocumentsandattendinganymeetingsorhearingsasrequired.
ExecuteanddelivertoShareholderBanyotherdocumentsorinstrumentsreasonablyrequestedbyShareholderBtoevidencethetransferoftheSharesandtheterminationofShareholderA'sstatusasashareholderoftheCompany.
2.ShareholderAshallindemnifyandholdShareholderBharmlessfromandagainstanyandalllosses,damages,liabilities,claims,andexpensesarisingoutoforinconnectionwithanybreachofitsrepresentationsandwarrantiesinthisAgreementoranyviolationofapplicablelawsandregulationsbyShareholderAinconnectionwiththetransferoftheShares.
B.ShareholderB
1.AftertheexecutionofthisAgreementanduponreceiptofthetransferredShares,ShareholderBshall:
PaytheConsiderationtoShareholderAinaccordancewiththetermsofthisAgreement.
AssumeallrightsandobligationsofShareholderAasashareholderoftheCompany,includingbutnotlimitedtotherighttoreceivedividends,voteoncorporatematters,andparticipateinthemanagementoftheCompany.
ComplywithallapplicablelawsandregulationsinconnectionwiththeacquisitionandownershipoftheShares.
2.ShareholderBshallindemnifyandholdShareholderAharmlessfromandagainstanyandalllosses,damages,liabilities,claims,andexpensesarisingoutoforinconnectionwithanybreachofitsrepresentationsandwarrantiesinthisAgreementoranyviolationofapplicablelawsandregulationsbyShareholderBinconnectionwiththeacquisitionoftheShares.
VI.NonCompeteandConfidentiality
1.NonCompete
DuringthetermofthisAgreementandforaperiodof[x]yearsaftertheterminationofthisAgreement,ShareholderAcovenantsandagreesnottoengageinanybusinessactivitiesthatpetewiththebusinessoftheCompanyin[geographicalarea].
ShareholderAacknowledgesthatthenonpetecovenantisreasonableandnecessarytoprotectthelegitimateinterestsoftheCompanyandShareholderB,andthatanyviolationofthiscovenantmaycauseirreparableharmtotheCompanyandShareholderB.
2.Confidentiality
EachpartyacknowledgesthatinthecourseoftheirrelationshipwiththeCompany,theymayhaveaccesstocertainconfidentialinformationoftheCompany,includingbutnotlimitedtotradesecrets,customerlists,financialinformation,andbusinessplans(the"ConfidentialInformation").
EachpartycovenantsandagreestokeeptheConfidentialInformationconfidentialandnottodiscloseittoanythirdpartywithoutthepriorwrittenconsentoftheCompanyortheotherparty,exceptasrequiredbylaw.
ThisconfidentialityobligationshallsurvivetheterminationofthisAgreementforaperiodof[x]years.
VII.Termination
1.ThisAgreementmaybeterminated:
Bymutualwrittenagreementoftheparties;
Byeitherpartyupon[x]days'priorwrittennoticetotheotherpartyintheeventofamaterialbreachofthisAgreementbytheotherpartythatremainsuncuredaftersuchnotice;
ByeitherpartyupontheoccurrenceofaforcemajeureeventthatrenderstheperformanceofthisAgreementimpossibleorimpracticableforacontinuousperiodof[x]daysormore.
2.IntheeventofterminationofthisAgreement,thepartiesshallcooperatetotakeallnecessaryactionstounwindthetransactionscontemplatedherebyandtorestorethepartiestotheirrespectivepositionspriortotheexecutionofthisAgreement.
VIII.GoverningLawandJurisdiction
1.ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[jurisdiction].
2.AnydisputesarisingoutoforinconnectionwiththisAgreementshallbesubmittedtotheexclusivejurisdictionofthecourtsof[jurisdiction].
Ix.EntireAgreement
1.ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingtothesame.
2.Noamendment,modification,orwaiverofanyprovisionofthisAgreementshallbeeffectiveunlessinwritingandsignedbybothparties.
x.Severability
IfanyprovisionofthisAgreementisheldtobeinvalid,illegal,orunenforceable,thevalidity,legality,andenforceabilityoftheremainingprovisionsshallinnowayinanywaybeaffectedorimpaired.
xI.Counterparts
ThisAgreementmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,butallofwhichtogethershallconstituteoneandthesameinstrument.
INWITNESSWHEREOF,thepartieshaveexecutedthisShareholderWithdrawalAgreementasofthedatefirstabovewritten.
ShareholderA(Signature):______________________
Date:______________________
Shareholder
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