Assignment Of Shares Agreement Template for Malaysia

1. Board and Shareholder Approval: Required if company constitution or shareholders' agreement mandates specific approvals

2. Non-Competition: Restrictions on Assignor's future business activities, if relevant

3. Third Party Consents: Include if transfer requires regulatory or other third-party approvals

4. Price Adjustment: Mechanism for adjusting consideration based on company performance or other factors

5. Tag-Along Rights: Include if other shareholders have rights to participate in the transfer

6. Security Interest: If shares are being used as security or have existing encumbrances

7. Earn-Out Provisions: If part of consideration is contingent on future performance

1. Share Details: Detailed description of shares being transferred, including share certificate numbers and class of shares

2. Company Information: Key details about the company including registration number, registered office, and share capital structure

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

4. Warranties: Detailed list of warranties given by the Assignor

5. Board Resolution: Copy of board resolution approving the transfer (if required)

6. Existing Encumbrances: Details of any existing charges or encumbrances on the shares

7. Required Consents: List of required regulatory or third-party consents and their status