Agreement for Redemption of Preferred Shares

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

AGREEMENT FOR REDEMPTION OF PREFERRED SHARES

This Agreement for Redemption of Preferred Shares (hereinafter referred to as the “Agreement”) is made and entered into on this {{day}} day of {{month}}, {{year}}

BETWEEN:

{{company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office at {{company_address}} (hereinafter referred to as the “Company”);

AND

{{shareholder_name}}, an individual residing at {{shareholder_address}} / a company duly incorporated under the laws of {{country}}, with its registered office at {{shareholder_address}} (hereinafter referred to as the “Shareholder”).

WHEREAS, the Shareholder is the registered holder of {{number_of_shares}} Preferred Shares in the Company (hereinafter referred to as the “Preferred Shares”);

AND WHEREAS, the Company desires to redeem from the Shareholder, and the Shareholder desires to sell to the Company, the Preferred Shares in accordance with the terms and conditions set forth herein.

1. REDEMPTION OF SHARES

1.1 The Company hereby agrees to redeem from the Shareholder, and the Shareholder hereby agrees to sell and transfer to the Company, {{number_of_shares}} Preferred Shares for a total redemption price of {{redemption_amount}} ({{currency}} {{redemption_amount_words}}).

1.2 The redemption price shall be paid by the Company to the Shareholder on or before {{payment_date}}.

2. WARRANTIES AND REPRESENTATIONS OF THE SHAREHOLDER

2.1 The Shareholder hereby warrants and represents to the Company that:

(a) The Shareholder is the sole legal and beneficial owner of the Preferred Shares, free from all liens, charges, encumbrances, and adverse claims;

(b) The Shareholder has the full right, power, and authority to enter into this Agreement and to sell and transfer the Preferred Shares to the Company;

(c) The sale and transfer of the Preferred Shares to the Company will not violate any agreement or instrument to which the Shareholder is a party.

3. DELIVERY OF SHARE CERTIFICATE AND TRANSFER FORMS

3.1 Upon receipt of the full redemption amount, the Shareholder shall deliver to the Company the original share certificate representing the Preferred Shares, duly endorsed for transfer, together with any other documents or instruments as may be reasonably required by the Company to effect the transfer of the Preferred Shares to the Company and their subsequent cancellation.

4. CONDITIONS PRECEDENT

4.1 This Agreement is conditional upon the Company obtaining all necessary corporate approvals, including but not limited to, board and shareholder resolutions, for the redemption of the Preferred Shares in accordance with its Articles of Association and applicable laws.

5. GOVERNING LAW AND DISPUTE RESOLUTION

5.1 This Agreement shall be governed by and construed in accordance with the laws of {{country}}.

5.2 Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration in {{city}}, {{country}} in accordance with the rules of {{arbitration_institution}}.

6. ENTIRE AGREEMENT

6.1 This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, between the parties.

7. AMENDMENTS

7.1 No amendment, modification or waiver of any provision of this Agreement shall be effective unless it is in writing and signed by all parties hereto.

SIGNATURES

IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written.

FOR THE COMPANY:

_____________________________

Name: {{company_signatory_name}}

Title: {{company_signatory_title}}

Date: {{signature_date}}

FOR THE SHAREHOLDER:

_____________________________

Name: {{shareholder_signatory_name}}

Title/Capacity: {{shareholder_signatory_title_capacity}}

Date: {{signature_date}}