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BEARER SHARE CUSTODY AGREEMENT No. THIS CUSTODY AGREEMENT, dated this by and between: day of 20 is entered into and (1) Mr.×Mrs.×Miss (male×female×, born on of, a national of, holder of Passport

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How to fill out bearer share custody agreement

How to fill out a bearer share custody agreement:

01

Start by gathering all necessary information: The full legal names and contact details of the parties involved in the agreement, the date of the agreement, and any specific details regarding the bearer shares being held in custody.

02

Clearly state the purpose of the agreement: Make sure to explicitly mention that the agreement is for the custody and safekeeping of bearer shares. Include any specific terms or conditions that both parties agree upon.

03

Define the responsibilities and obligations: Outline the duties and responsibilities of both the custodian (the party holding the bearer shares) and the beneficial owner (the party who owns the shares). Specify how and when the shares can be accessed or transferred and any limitations or restrictions that may apply.

04

Address confidentiality and security: Include clauses that ensure the confidentiality and security of the bearer shares being held in custody. Specify any measures that will be taken to protect the information and assets involved.

05

Indicate the duration and termination: Clearly state the duration of the agreement and any provisions for termination or renewal. Include any conditions or events that may trigger the termination or alteration of the agreement.

06

Seek legal advice and review: It is highly recommended to consult with a legal professional experienced in financial and corporate matters to ensure that the agreement is legally sound and enforceable. Review the agreement together to address any concerns or make necessary revisions.

Who needs a bearer share custody agreement?

01

Investors: Bearer share custody agreements are commonly used by investors who wish to safeguard their ownership in companies without revealing their identity or personal information.

02

Company owners or shareholders: In cases where the company has issued bearer shares, a bearer share custody agreement may be necessary to ensure the safekeeping and proper handling of these shares by a trusted third party.

03

Estate planners: Bearer share custody agreements can also be relevant for individuals who are including bearer shares as part of their estate planning. This agreement helps ensure the smooth transfer of ownership and secure management of the shares upon the owner's passing.

Remember, it is essential to consult with legal professionals or financial experts knowledgeable in bearer share regulations and custody agreements to tailor the agreement according to specific needs and to comply with relevant laws and regulations.

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What is bearer share custody agreement?

Bearer share custody agreement is a legal document that outlines the terms and conditions for the custody of bearer shares, which are shares of a company owned by whoever holds the physical share certificate.

Who is required to file bearer share custody agreement?

The company issuing bearer shares is required to file the bearer share custody agreement.

How to fill out bearer share custody agreement?

The bearer share custody agreement can be filled out by including details such as the name of the company issuing bearer shares, the number of bearer shares being held in custody, and the terms and conditions of the custody agreement.

What is the purpose of bearer share custody agreement?

The purpose of the bearer share custody agreement is to ensure that bearer shares are held securely and to provide a record of the custody arrangements.

What information must be reported on bearer share custody agreement?

The bearer share custody agreement must include details such as the name of the company issuing bearer shares, the number of bearer shares being held in custody, the term of the custody agreement, and the terms and conditions of the custody arrangement.

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