Assignment Of Shares Agreement Template for United Arab Emirates

1. Pre-Completion Obligations: Used when specific actions must be taken before completion of the transfer

2. Regulatory Approvals: Required when the transfer needs specific regulatory approvals (e.g., from Economic Department or Free Zone Authority)

3. Security Interest Provisions: Included when the shares are subject to any existing security interests or new security arrangements

4. Non-Competition and Non-Solicitation: Added when the Assignor needs to be restricted from competing or soliciting business post-transfer

5. Deferred Payment Terms: Required when the consideration is not paid in full at completion

6. Tax Provisions: Included when specific tax implications need to be addressed

7. Company Warranties: Added when the Company itself provides warranties about its status and operations

8. Confidentiality: Required when specific confidentiality obligations need to be imposed beyond completion

1. Share Details: Details of the shares being transferred including class, number, and distinctive numbers if applicable

2. Consideration Details: Breakdown of consideration and payment terms if complex

3. Completion Requirements: Checklist of documents and actions required for completion

4. Form of Transfer Instrument: Standard form share transfer instrument required by UAE authorities

5. Corporate Documents: Copies of relevant corporate approvals and resolutions

6. Regulatory Forms: Required regulatory forms for submission to relevant authorities

7. Existing Encumbrances: List of any existing encumbrances or restrictions on the shares

8. Warranties: Detailed list of warranties if extensive