Exhibit 10.7
SHARE PURCHASE AGREEMENT
By signing this contract, _____ (the "Seller") agrees to sell the shares of
WiderThan Co., Ltd. (the "Company") held by the Seller to _____ ("the
Purchaser") under the following conditions.
1 (Object)
The Seller agrees to sell ___ shares of common stock, par value Won 500 per
share of the Company (the "Shares") to the Purchaser under the conditions set
forth in this document.
2 (Purchase price)
The Shares will be purchased at a purchase price of Won 500 per share, which
aggregates to Won ___ in total (the "Purchase Price").
3 (Payment)
The Purchaser will pay the Purchase Price to the Seller no later than _____ in
cash.
4 (Transfer of shareholder name)
4.1 The Seller immediately transfers all the rights as a shareholder to the
Purchaser when the Purchase Price is paid to the Seller under the clause 3.
4.2 The Purchaser will apply for the transfer of shareholder name with the
Company and the Seller will provide necessary assistance to such process.
5 (Tax and Commissions)
All the tax and commissions including share transfer tax relating to the
agreement and execution of this contract will be respectively paid by each party
with adherence to legal obligations and liabilities.
6 (Resolution of disputes)
The Seller and the Purchaser will put their efforts to solve any dispute arising
from or in connection with this contract in an amicable manner. Any dispute,
controversy or claim not solved in [a friendly terms] will be referred to and
finally
resolved under the jurisdiction of Seoul District Court.
In witness whereof, the undersigned, being duly authorized by their respective
Parties, have signed this agreement. This agreement is drafted and signed in
duplicate copies, both copies being equally authentic, and each copy shall be
kept by each party.
Date 200 . . .
Seller Purchaser
Name Name
(sign) (Sign)
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Resident Registration Number: Resident Registration Number:
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Address: Address:
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