Document background
The Common Stock Purchase Agreement is a fundamental transaction document used in Irish corporate acquisitions when one party wishes to purchase shares in an Irish company from existing shareholders. This agreement is essential for both private and public company transactions, though its specific terms may vary depending on the transaction size and complexity. It must comply with the Irish Companies Act 2014 and related regulations, including stamp duty requirements and corporate governance rules. The document typically includes detailed provisions on purchase price, payment mechanisms, representations and warranties, conditions precedent, and closing requirements. It's commonly used in various scenarios, from small private company acquisitions to large corporate restructurings, and can be adapted for partial or complete ownership transfers. The agreement serves as the central document in share acquisition transactions, establishing the legal framework for the transfer of ownership and associated rights and obligations.
