Document background
The Purchase Of Shares Agreement under Swiss law is a crucial document used when transferring ownership of shares in a company from one party to another. It is particularly relevant in mergers and acquisitions, corporate restructurings, and investment transactions within the Swiss legal framework. The agreement must comply with Swiss corporate law, particularly the Swiss Code of Obligations, and includes essential elements such as detailed descriptions of the shares being transferred, purchase price mechanisms, representations and warranties, conditions precedent, and completion procedures. It may also need to address specific Swiss regulatory requirements, such as Lex Koller restrictions for real estate companies or financial market regulations for listed entities. The document serves as the primary transaction document and is typically accompanied by various ancillary documents and schedules that provide additional detail and support the main agreement.
