Are you buying or selling shares which include a royalty payable to the owners of the shares? Use this ready-made template to prepare a Share Purchase Agreement and Absolute Assignment of Royalty
- The seller undertakes not to encumber the rights assigned to the purchaser, nor to terminate the royalty agreement under which the royalties are payable.
- The seller appoints the purchaser its attorney to do all things necessary to make the assignment effective.
- The purchaser indemnifies the seller against all claims arising from any breach or failure on the part of the purchaser.
This generic Share Purchase Agreement & Absolute Assignment of Royalty
is provided in MS Word format, and can be easily edited to fit your circumstances.