Connecticut Sample Letter for Assignment and Transfer of Stock Certificate [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company Name] [Company Address] [City, State, ZIP] Subject: Assignment and Transfer of Stock Certificate — [Company Name] Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to officially request the assignment and transfer of stock certificate(s) of [Company Name] as per our previous discussions and the terms and conditions outlined in the shareholder agreement. As a stockholder of [Company Name], I wish to assign and transfer the following stock certificate(s) to the new shareholder(s) indicated below: 1. Stock Certificate Number: [Certificate Number] Number of Shares: [Number of Shares] Assignee's Name: [Assignee's Name] Assignee's Address: [Assignee's Address] Assignee's Tax ID: [Assignee's Tax ID] Please note that the assignee(s) meets the eligibility criteria to hold such shares as stated in the shareholder agreement and has agreed to all applicable terms and provisions. Moreover, the assignee(s) shall be bound by the said agreement in its entirety. I have attached the necessary documents, including a copy of the stock certificate(s) and a valid government-issued ID of the assignee(s), for your convenience. In accordance with the requirements set by [Company Name]'s transfer agent, I kindly request you to process this assignment and transfer promptly. I understand that certain administrative costs may apply, and I am willing to compensate for any fees associated with this transaction. Please provide me with the relevant payment details, and I will ensure the transfer agent receives the required amount promptly. Additionally, I kindly request a written confirmation of the completed transfer, along with the updated stockholder records reflecting the assignee's information. This will serve as proof of the assignment and transfer's successful execution, ensuring transparency and accuracy in our records. If you require any additional information or documentation, please do not hesitate to contact me at [Email Address] or [Phone Number]. Thank you for your prompt attention to this matter. I appreciate your cooperation and look forward to receiving confirmation of the successful assignment and transfer of the stock certificate(s). Sincerely, [Your Name]
Connecticut Sample Letter for Assignment and Transfer of Stock Certificate
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This is to inform you that I,???????.. , the Shareholder of ???????..shares in your Company, request you to transfer my ???????? Equity Shares held in the Company for a total consideration of Rs ????????
Requirements The Articles of Association of the company must not restrict the transfer of shares. Duly executing share transfer deed in form SH-4. Submission of SH-4, original share certificates, and other relevant documents with the Company. KYC documents of the transferor and the transferee.
In order to cash in the stock, you need to fill out the transfer form on the back of the certificate and have it notarized. Once complete, send the notarized certificate to the transfer agent, who will register the stock to you as owner.
To sell your old stock certificates through the transfer agent, you should get in touch with them and complete a stock transfer form. The transfer agent will subsequently move the shares to your brokerage account, from where you can execute the sale.
Share transfer in physical mode is executed with the help of Form ? SH-4?. Acknowledgement. Some companies send a notice or acknowledgement of the instrument to the transferor who has lodged a transfer with the company before the documents are scrutinized. ... Scrutiny. ... Approval. ... Registration. ... Delivery of Share Certificate.
Individuals can also buy a stock certificate and gift that to the recipient, but this is expensive and requires more effort for both the giver and receiver. To transfer a physical stock certificate, the owner needs to sign it in the presence of a guarantor, such as their bank or a stock broker.
A transfer by way of a sale of the legal and beneficial interest in shares involves the following stages: AGREEMENT FOR THE SALE OF SHARES. The seller and the buyer agree to the sale and purchase of the shares. ... TRANSFER FORM. ... APPROVING REGISTRATION OF THE TRANSFER. ... ISSUING A SHARE CERTIFICATE TO THE TRANSFEREE.