They should present the transferred shares in as much detail as possible. Try to include the class of shares, the par value of the shares and whether they are deposited or not. Below are some examples: 5.8 Each party warrants that it does not engage in acts that may affect, impede or adversely influence the obligations of the other party as defined in this Share Transfer Agreement. This document is used by a party who intends to transfer its shares in one enterprise to another party. The party transferring its shares may be a company, a person or another organization. The value of the shares for a bad leaver is usually the nominal value. This can be the higher par value of the shares (i.e. the par value of the share) or the price initially paid for the shares. While Party B intends to share all the actions of Songyuan City Liuhe Co., Ltd. (the “Liuhe”) as a result of voluntary negotiations and on an equal footing between the parties, the parties conclude this agreement on the basis of the Memorandum of Understanding signed on 26.03.2011 (the Memorandum of Understanding), the Contracts Act, company law and other related laws and regulations.

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