Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

💵 Share Purchase Agreement

Why use a 💵 Share Purchase Agreement?

A 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.

This legal template aims to outline the standard warranties involved in a share purchase agreement specifically tailored for the life sciences sector under UK law. In the rapidly evolving and highly regulated industry of life sciences, it is crucial for parties engaged in share purchase transactions to establish a clear understanding of the warranties that will govern their agreement.

This template is designed to provide a comprehensive set of standard warranties that address pertinent legal and commercial aspects specific to the life sciences sector. These warranties include provisions related to intellectual property rights, regulatory compliance, licenses and permits, product liability, clinical trials, research and development activities, and any applicable sector-specific regulations.

By utilizing this template, both the buyer and the seller can establish a baseline of protections and representations, ensuring that the inherent risks associated with purchasing shares in a life sciences company are adequately addressed. These warranties offer safeguards against potential post-transaction disputes and provide a mechanism for the buyer to seek remedies in the event that any warranty is breached.

Built upon the foundation of UK law, this template aligns with the legal and regulatory framework governing the life sciences sector. It helps to streamline the negotiation process between the parties involved, saving time and mitigating risks by enabling clear and comprehensive communication. Parties engaged in share purchase transactions in the life sciences sector can confidently utilize this template as a starting point for drafting the warranties section of their agreement, customizing it to suit the specific needs and circumstances of their transaction.

It is important to note that although this legal template addresses key issues typically found in the life sciences sector, it should always be reviewed and adapted by legal professionals to meet the unique requirements and complexities of individual transactions.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

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

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Intellectual Property Assignment (for founders to assign IP to company)

This legal template, called "Intellectual Property Assignment (for founders to assign IP to company) under UK law," is a comprehensive document designed to facilitate the transfer of intellectual property (IP) rights from founders or creators to their company, operating in the United Kingdom.

The template aims to establish a clear and legally binding agreement between the founders and the company regarding the ownership and control of any intellectual property assets developed during the course of business operations. Intellectual property can include a wide range of intangible creations, such as inventions, designs, trademarks, copyrights, or trade secrets.

By utilizing this document, founders can formalize the transfer of their IP rights to the company, ensuring that the company has full rights and control over these assets. The template typically outlines the relevant terms and conditions of the assignment, including details about the IP being transferred, warranties and representations by the founders, and the consideration or compensation, if any, provided to the founders in return for the assignment.

This legal template serves as a valuable tool for both parties involved. For the founders, it ensures that their contributions to the company's IP are appropriately recognized, while also protecting their interests, such as receiving fair compensation or ongoing benefits from the IP. On the other hand, the template provides the company with clear ownership rights and control over the IP, which is crucial for protecting their investments, attracting investors, and facilitating future licensing or commercialization opportunities.

It's important to note that each situation may have unique circumstances, and this template should be customized to fit the specific needs and requirements of the founders and the company. Consulting with legal professionals specializing in intellectual property or corporate law is highly recommended to ensure compliance with UK laws and to address any specific concerns or considerations that may arise during the assignment process.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
25
RATINGS
4
DISCUSSIONS
1

Master Services Agreement (SaaS)

A Master Services Agreement (SaaS) under UK law is a legal template designed to govern the relationship between a software-as-a-service (SaaS) provider and their user or client in the United Kingdom. This agreement sets out the terms and conditions applicable to the use of the SaaS services offered by the provider.

The template covers various aspects, including the scope of services provided, service level agreements, access and usage rights, data management and security, intellectual property rights, confidentiality, payment terms, dispute resolution mechanisms, termination provisions, and limitations of liability.

The document ensures compliance with relevant UK laws and regulations pertaining to SaaS, data protection, and consumer rights. It outlines the responsibilities and obligations of both parties, protecting the interests of the SaaS provider while safeguarding the rights of the user or client.

By utilizing this legal template, both parties can establish a clear and legally binding agreement that regulates the provision and use of SaaS services. It provides a framework for the relationship, helping to manage expectations, mitigate risks, and ensure a smooth and efficient SaaS deployment for businesses and users alike.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
8
RATINGS
3
DISCUSSIONS
3

Non-tax advantaged share options agreement (for contractors, advisors, etc)

The non-tax advantaged share options agreement is a legal template designed specifically for contractors, advisors, and other individuals operating under UK law. This agreement outlines the terms and conditions for granting share options to these professionals in exchange for their services or expertise. Unlike tax-advantaged share options, this agreement does not offer any specific tax benefits to the recipients.

The template will define various key elements, including the number and type of shares to be granted, the exercise price or method of determining it, the vesting period, and any conditions or restrictions associated with exercising the options. It will also detail the circumstances under which the share options may be terminated or forfeited.

Additionally, the agreement will cover the rights and obligations of the parties involved, addressing matters such as confidentiality, intellectual property ownership, and non-compete clauses. It will define the responsibilities of the company providing the share options and the obligations of the recipients in terms of their ongoing relationship.

This legal template serves as a comprehensive framework to establish a fair and transparent arrangement between a company and contractors/advisors who are seeking to be rewarded with non-tax advantaged share options as part of their compensation. It ensures compliance with UK laws and regulations while safeguarding the interests of both parties involved.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
7
RATINGS
1
DISCUSSIONS
1