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Are you buying or selling shares which include a royalty payable to the owners of the shares? Use this ready-made template to prepare a Share Purchase Agreement and Absolute Assignment of Royalty. The seller undertakes not to encumber the rights assigned to the purchaser, nor to terminate the royalty agreement under which the royalties are payable. The seller appoints the purchaser its attorney to do all things necessary to make the assignment effective. The purchaser indemnifies the seller against all claims arising from any breach or failure on the part of the purchaser.This generic Share Purchase Agreement & Absolute Assignment of Royalty is provided in MS Word format, and can be easily edited to fit your circumstances.