Document background
The Stock Purchase Agreement Term Sheet is commonly used in Singapore's business environment as a precursor to a full share purchase agreement. It's particularly relevant when parties need to document their initial understanding of a share acquisition transaction while maintaining flexibility for negotiation. The document typically includes key commercial terms such as valuation, payment structure, conditions precedent, and timing considerations, while adhering to Singapore's regulatory framework. It's especially useful in scenarios involving multiple stakeholders, complex transaction structures, or when parties need to secure financing or regulatory approvals.
