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After completing due diligence and identifying risks, the next step in a transaction is to draft definitive documents, which are essential agreements that need to be negotiated and executed. Various transactions require different types of definitive documents. For example, a shared issuance involves a shared subscription or investment agreement, while a shared transfer results in a shared purchase agreement. Additionally, parties may establish a separate shareholders agreement to dictate the rights and obligations of the promoter, investor, and the company. It’s crucial to include the company as a party to these agreements, especially in a private company context, as it relates to share issuance.