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Simple Stock Transfer Agreement Template for Ireland

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Key Requirements PROMPT example:

Simple Stock Transfer Agreement

"I need a Simple Stock Transfer Agreement under Irish law for transferring 1,000 ordinary shares from myself to my daughter, with completion scheduled for March 15, 2025, and no consideration being paid as this is a family gift."

Document background
A Simple Stock Transfer Agreement is a fundamental document used in Irish corporate transactions to document and effect the transfer of shares between parties. This agreement is particularly relevant when shares in an Irish company are being transferred between shareholders or to new investors. The document must comply with Irish law, particularly the Companies Act 2014, and typically includes details of the shares being transferred, the consideration paid, basic warranties about share ownership and transfer authority, and completion mechanics. It's commonly used in smaller transactions where a more complex share purchase agreement isn't necessary, such as transfers between family members, small stakeholder changes, or straightforward corporate restructuring. The agreement should be accompanied by the appropriate statutory forms for filing with the Companies Registration Office.
Suggested Sections

1. Parties: Identification of the Transferor and Transferee, including full legal names and addresses

2. Background: Brief context of the transfer, including company details and reason for transfer

3. Definitions: Key terms used throughout the agreement, including 'Shares', 'Completion Date', and 'Consideration'

4. Agreement to Transfer: Core agreement clause specifying the transfer of shares from Transferor to Transferee

5. Consideration: Details of the payment or other consideration for the shares

6. Completion: Specifics of when and how the transfer will be completed, including delivery of share certificates and payment

7. Transferor's Warranties: Basic warranties regarding ownership, right to transfer, and absence of encumbrances

8. Further Assurance: Commitment to execute additional documents or actions necessary to effect the transfer

9. Governing Law and Jurisdiction: Specification of Irish law as governing law and Irish courts' jurisdiction

10. Execution: Signature blocks for parties and witnesses

Optional Sections

1. Regulatory Compliance: Required when transfer needs specific regulatory approvals or notifications

2. Pre-emption Rights Waiver: Required when other shareholders have pre-emption rights that need to be waived

3. Tax Indemnities: Added when specific tax implications need to be addressed between parties

4. Confidentiality: Include when transfer details need to be kept confidential

5. Power of Attorney: Required when one party needs authority to execute additional transfer documents

6. Board Approval: Include when board approval is required for the transfer under the company's constitution

7. Shareholder Approval: Required when shareholder approval is needed for the transfer

Suggested Schedules

1. Schedule 1 - Share Details: Detailed description of shares being transferred, including class, number, and distinctive numbers

2. Schedule 2 - Form of Stock Transfer: Standard stock transfer form required under Irish law

3. Schedule 3 - Existing Share Certificate: Copy of current share certificate(s) to be cancelled

4. Schedule 4 - Board Resolution: Form of board resolution approving the transfer (if required)

5. Appendix A - Required Notices: Templates for any required notices to regulators or other stakeholders

6. Appendix B - Company Constitution Extract: Relevant sections of the company constitution regarding share transfers

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Financial Services

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Relevant Teams

Legal

Finance

Corporate Secretariat

Compliance

Corporate Governance

Investment

Treasury

Tax

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Executive Leadership

Relevant Roles

Company Secretary

Legal Counsel

Corporate Lawyer

Finance Director

Chief Financial Officer

Company Director

Compliance Officer

Corporate Governance Manager

Investment Manager

Share Plan Administrator

Legal Administrator

Corporate Services Manager

Financial Controller

Managing Director

Chief Executive Officer

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