Deed Of Gift Of Shares And Securities Legal Draft Template
| Category | Deeds Gift |
| Format | Word Document |
| File name | Deed of Gift of Shares and Securities.doc |
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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
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Deed of Gift of Shares and Securities
Deed of Gift made at . . . . . this . . . . . day of . . . . . . . between
. . . . . of . . . . hereinafter referred to as the Donor of the one part
and . . . . . . . . .
of..............................................................
hereinafter referred to as 'the Donee' of the other Part.
WHEREAS -
(1) The Donor owns certain shares and debentures of different
Companies and what are set out in the Schedule hereunder written.
(2) The Donor has been maintaining his widowed daughter since
her husband's death but the
Donor has now become old and his life is very uncertain.
(3) The Donor desires to make some provision for his said
daughter the Donee during his lifetime and therefore proposes to make
a gift of the said shares and debentures to the Donee.
(4) The Donee has accordingly delivered the share certificates
and debentures to the Donee and has also delivered to her transfer
forms duly signed by the Donee as transferor and by the Donee as
transferee to enable the Donee to get name transferred in the
records of the Companies concerned.
(5) The Donor desires to record the gift by this deed.
NOW THIS DEED WITNESSTH THAT pursuant to the said desire of the Donor and
in consideration of natural love and affection he has for the Donee, the
Donor doth transfer by way of gift the said shares and debentures the
particulars of which are listed in the Schedule hereunder written
and all the right title and interest of the Donor therein or thereto
unto and to the use of the Donee absolutely and the Donor
declares that until the shares and debentur es are transferred in
the name of the Donee in the Company's records, the same will be
deemed to be held by the Donor as a trustee for the Donee.
The Schedule above referred to
Signed by the withinnamed
Donor '. . . . . .. . . . . .' in the presence of )
- .........
- ........
Signed by the withinnamed Donee . . ... . . . . .. . . . . . in the
presence of ........