Standard Purchase Agreement For Block Trade (Principal Agent)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
💵 Share Purchase AgreementBusiness activity
Share purchase agreementA share purchase agreement is a contract between a buyer and a seller that outlines the terms of the sale of shares in a company. The agreement will specify the number of shares being sold, the price per share, and the date of the sale. The agreement may also include provisions for the buyer to purchase additional shares in the future.
The template outlines the terms and conditions of the agreement, including the types and quantities of securities or financial instruments involved, the purchase price or method of determining it, and any agreed-upon deadlines or conditions for the transaction. It may also cover details related to payment methods, including any escrow arrangements or forms of compensation for the principal agent's services.
Furthermore, the template will likely include provisions related to legal rights and obligations of both parties, such as representations and warranties, indemnification, dispute resolution mechanisms, confidentiality, and governing law. Additionally, it may address any specific regulatory compliance requirements or specific obligations imposed by UK laws or financial authorities for block trades.
This agreement aims to provide a comprehensive framework to guide the block trade transaction between the principal, who seeks to buy or sell the securities, and the agent, who acts on behalf of the principal to execute the trade. It establishes a legally binding contract between the parties, ensuring that their rights and responsibilities are defined and protected under UK law. However, it is important to note that the specific content and provisions within the template would depend on the needs and preferences of the parties involved and the complexity of the block trade.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Simple Used Equipment B2B Sale Agreement (Pro-Seller)
The template outlines the terms and conditions under which the sale will take place, including the identification and description of the equipment, its condition, and any warranties or guarantees offered by the seller. It also covers the purchase price, payment terms, and any applicable taxes or fees.
The agreement emphasizes the seller's rights and protections, setting out their responsibilities and liabilities to the fullest extent allowed by law. It includes provisions that limit the buyer's recourse in case of defects or disputes, and may contain clauses that exclude certain types of damages or warranties.
Additional clauses within the template may address risk of loss, title transfer, inspection rights, delivery terms, and dispute resolution mechanisms. It ensures compliance with relevant UK laws and regulations governing the sale of used equipment.
Overall, the Simple Used Equipment B2B Sale Agreement (Pro-Seller) template serves as a legally binding contract that provides a clear and comprehensive structure for businesses selling used equipment in the UK, offering protections and advantages primarily to the selling party.
Publisher
Genie AIJurisdiction
England and WalesSocial Media Coordinator Contract
This Social Media Coordinator contract template is designed for a commercial social media management organisation (or an individual social media coordinator) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of social media management and social-media-management-related services to be completed by the social media coordinator on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the social media management firm or individual social media coordinator on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
