7. THE COMMUNICATIONS OF NOTICES TRANSMITTED IN THE PRESENT CONVENTION OF TRANSFERT OF ACTIONS MUST BE SIGNIFIED BY ÉCRIT AND TRANSMITTED ONLY IF they are personally transmitted by one party to another party or delivered to the delivery address of the party concerned. Communications can only be sent and distributed in English. This share transfer agreement (the „agreement“) defines the conditions under which [TRANSFEROR NAME] (the „Transferor“), a company, which is duly registered in accordance with [STATE` law] with the registered number [REGISTERED NUMBER] and which has its address registered under [REGISTERED ADDRESS], that it transfers certain shares held by it to [TRANSFEREE NAME] (the „Transferee“), a company duly registered in accordance with the law of [STATE] with the registered number [REGISTERED NUMBER] and which has its address registered with [REGISTERED NUMBER] ADDRESS] (together), the „parties“). 3. Without prejudice to the above arguments, the applicants` conclusions should be dismissed on the grounds that the writing presented as evidence of the agreement between the applicant and the deceased is merely a commitment to transfer the shares (konvenju) and does not constitute a purchase transfer contract. The validity of Konvenju under Article 1357 of the Civil Code (Chapter 16 – Laws of Malta) had expired. 1. The transfer of shares can be done by private writing. This procedure was followed by the parties to the proceedings; Shares can be transferred to companies in Malta. The tax is levied on share transfers, but if 90% of a company`s activities are outside Malta, exceptions apply.

5.10 Unless the text of a clause and the entire share transfer contract indicate that a specific clause must mean something other than: all words that are only in the singular are considered plural (and vice versa) and all words indicated in a given sex are considered to be all sexes and all terms that refer to any form of person or person , are considered to be both legal entities (for example. B companies) and individuals (and vice versa). 2. A share transfer cannot be registered without the presentation of the original formal document or an authentic copy of it. This was not done because of Mr. Pisani`s death; 6. VARIATION This share transfer agreement may be amended and any changes must be made in writing by both parties. PandaTip: When the transferred shares are sold, the „transferor“ means the seller and the „seller“ the buyer. Maltese law requires a company to have at least two shareholders, although exceptions are possible, provided the company fulfils certain obligations. Interests in Maltese companies may also be held by a licensed agent, allowing the final beneficiaries to remain confidential. Transferring shares in a Maltese company can help to obtain the necessary structure.

3. COST OF TRANSFER It is agreed that the registration fee for the transfer of the shares (if any) will be borne by the purchaser. 8.1 This transfer of shares is under the exclusive jurisdiction of the laws of [STATE AND COUNTRY]. The law that governs the transfer of shares is the Corporations Act. As far as private companies are concerned, the nature of the activity is limited. Many private companies in Malta are family-owned businesses and the legislator wanted the members of these companies to control the arrival of new members. PandaTip: You can start the pages of this agreement to make sure the calendar can`t be changed later. 5.5 Each contracting party heressover states that it is not aware of any issues under its control that could have a negative or adverse effect on the performance of its obligations under this share transfer agreement. 2. A company has not been authorized to register a transfer of shares or bonds of the company, unless a transfer deed or an authentic copy of the company has been served on the company: 5.6 The rights, benefits, commitments and responsibilities contained in this share transfer agreement may be transferred by each contracting party with the prior written agreement of the other party.