Document background
The Assignment Of Shares Agreement is a fundamental document used in corporate transactions under Dutch law when transferring ownership of shares from one party to another. This agreement is essential for both private (BV) and public (NV) companies operating in the Netherlands and must comply with the requirements set forth in the Dutch Civil Code. The document is typically used in various scenarios, including company acquisitions, corporate restructuring, investment transactions, and succession planning. It includes crucial information such as the details of the shares being transferred, purchase price, warranties, and specific Dutch legal requirements like notarial execution. The agreement must address various Dutch law-specific considerations, including works council rights, pre-emption rights of other shareholders, and requirements for board approval where applicable. It serves as both a binding contract between the parties and a basis for the notarial deed of transfer required under Dutch law.
