IP Licensing · glossary

Share purchase agreement

The contract by which Tregarth buys all the shares in the Sheffield company from Kelderwick, called the SPA. It is signed and completed on 1 April 2026. The Licence was agreed in final form alongside it and is signed at completion. Licence 1.1, “Share Purchase Agreement” · Chapter 1 · see Transitional services agreement

Explained in Chapter 1, What a Licence Is, and Why This Deal Needs One, of IP Licensing.

The main page for this term is SPA (share purchase agreement), in Finance Deals & Syndicated Lending.

How it comes up, in Chapter 1
The buyer is Tregarth, an engineering group in the UK that is buying its first pump factory. Tregarth buys all the shares in the Sheffield company from Kelderwick. The contract of sale is the share purchase agreement, called the SPA. It is signed on 1 April 2026, and the deal completes the same day.
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Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

As defined in the training Licence
the agreement dated the Commencement Date between Kelderwick Holdings Limited as seller and Tregarth Engineering Limited as buyer for the sale and purchase of the whole issued share capital of the Licensee;
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Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open IP Licensing → · All terms A–Z →