Shareholders' Agreements · glossary
The offer by which an owner's shares move under the agreement. A seller gives one, stating the shares and its price. One is also treated as given, at Fair Value, on a change of control and when the manager leaves. Definition: Transfer Notice · Clause 11.1 · Clause 11.4 · Chapter 7
Explained in Chapter 7, Transfers, of Shareholders' Agreements.
Also explained in Venture Deals.
The seller starts by giving a Transfer Notice to the company and every other owner. The notice states the shares on offer and the price per share the seller wants. That price is the Transfer Price.Read Chapter 7, Transfers →
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a notice given under clause 11.1, or deemed given under clause 12.2, 12.3 or 16.4;Read the definition in the document →
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