Ƶ

Equity Sale Agreement for New Zealand

Equity Sale Agreement Template for New Zealand

A comprehensive legal agreement governed by New Zealand law that documents the terms and conditions of a share sale transaction between selling and purchasing parties. The agreement covers crucial elements including the sale price, payment terms, warranties, representations, conditions precedent, and completion mechanics. It ensures compliance with New Zealand corporate law requirements, particularly the Companies Act 1993 and Financial Markets Conduct Act 2013, while providing legal protection for both parties through clearly defined rights, obligations, and remedies in case of breach.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Equity Sale Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Equity Sale Agreement?

The Equity Sale Agreement is a fundamental document used in New Zealand business transactions for transferring ownership of company shares from one party to another. It is essential when shareholders wish to sell their stake in a company, whether partial or complete, and requires careful consideration of New Zealand corporate law, securities regulations, and tax implications. The agreement typically includes detailed provisions about the transaction structure, warranties about the company's condition, indemnities, conditions precedent, and completion mechanics. It's particularly important for ensuring compliance with the Companies Act 1993 and other relevant New Zealand legislation, while protecting both parties' interests through clear documentation of their rights and obligations. The complexity and specific provisions of the agreement may vary depending on factors such as transaction size, industry sector, and whether the sale involves private or public company shares.

What sections should be included in a Equity Sale Agreement?

1. Parties: Identification of the seller(s) and purchaser(s) with full legal names and addresses

2. Background: Context of the transaction, including company details and reason for the sale

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Sale and Purchase: Core transaction terms including number of shares, price, and payment terms

5. Conditions Precedent: Conditions that must be satisfied before completion can occur

6. Completion: Details of when, where, and how completion will occur, including actions required by each party

7. Warranties by Seller: Standard warranties about share ownership, authority to sell, and company status

8. Warranties by Purchaser: Warranties about purchaser's authority and ability to complete the purchase

9. Confidentiality: Obligations regarding confidential information and announcement of the transaction

10. Tax Matters: Allocation of tax liabilities and obligations regarding tax compliance

11. Further Assurance: Obligations to execute further documents and take actions necessary to complete the transaction

12. Notices: How formal notices under the agreement must be given

13. General Provisions: Standard boilerplate provisions including governing law, jurisdiction, and amendments

14. Execution: Signature blocks and execution requirements

What sections are optional to include in a Equity Sale Agreement?

1. Vendor Finance: Include when part of the purchase price is being paid through seller financing

2. Intellectual Property Warranties: Include for technology companies or where IP is a significant asset

3. Employee Matters: Include when there are specific agreements about key employees or employment arrangements

4. Non-Competition: Include when restricting seller's future business activities

5. Break Fee: Include when parties agree to compensation if the deal fails under specific circumstances

6. Earn-out Provisions: Include when part of the purchase price is contingent on future performance

7. Related Party Contracts: Include when dealing with existing contracts between the company and related parties

8. Environmental Warranties: Include for companies with significant environmental risks or obligations

What schedules should be included in a Equity Sale Agreement?

1. Share Details: Details of the shares being sold including class, rights, and any encumbrances

2. Purchase Price Calculation: Detailed calculation of the purchase price including adjustments

3. Completion Obligations: Detailed list of documents and actions required at completion

4. Warranties: Detailed warranties about the company and its business

5. Company Information: Key information about the company including corporate structure and subsidiaries

6. Material Contracts: List and details of material contracts affecting the company

7. Property Schedule: Details of any real property owned or leased by the company

8. Intellectual Property: Schedule of IP rights owned or licensed by the company

9. Disclosed Matters: Matters disclosed against the warranties

10. Form of Transfer Documents: Pro forma share transfer and other completion documents

Authors

Alex Denne

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

Jurisdiction

New Zealand

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions
0
Clauses














































Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Professional Services

Healthcare

Real Estate

Mining and Resources

Agriculture

Construction

Education

Hospitality

Transport and Logistics

Media and Entertainment

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Tax

Compliance

Company Secretariat

Board of Directors

Executive Leadership

Due Diligence

Corporate Finance

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Company Secretary

General Counsel

Legal Counsel

Corporate Lawyer

Investment Banker

Financial Controller

Business Development Manager

Mergers & Acquisitions Director

Transaction Advisory Manager

Company Director

Corporate Finance Manager

Tax Manager

Due Diligence Manager

Compliance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Standard Agreement For The Sale Of (Real Estate)

A standardized New Zealand legal agreement for real estate property sales, setting out terms, conditions, and obligations for both vendor and purchaser.

find out more

Formal Sales And Purchase Agreement

A legally binding agreement under New Zealand law that documents the terms and conditions for the sale and purchase of property.

find out more

Condominium Sale And Purchase Agreement

A New Zealand-compliant legal agreement for the sale and purchase of a unit title property (condominium), setting out terms, conditions, and obligations of the transaction.

find out more

Purchase Price Agreement

A New Zealand-compliant agreement detailing purchase price terms, conditions, and completion requirements for commercial transactions.

find out more

Agreement For Sale Of Flat

A New Zealand legal agreement for the sale and purchase of a flat/apartment unit, including terms, conditions, and unit title provisions.

find out more

Simple Business Sale Agreement

A New Zealand-governed agreement for the sale and purchase of a business, outlining key terms and conditions for ownership transfer.

find out more

Purchase And Sale Agreement For Wholesalers

A New Zealand-governed agreement establishing terms and conditions for wholesale trading relationships between suppliers and buyers.

find out more

Private Sale Home Purchase Agreement

A New Zealand-compliant legal agreement for direct property sales between private parties, outlining terms and conditions for residential property transfer.

find out more

Generic Car Sales Agreement

A New Zealand-compliant agreement template for the sale and purchase of motor vehicles, suitable for both private and commercial transactions.

find out more

Flat Buying Agreement

A New Zealand-compliant legal agreement for the purchase and sale of a flat or apartment unit, including all essential terms and conditions under NZ property law.

find out more

Conditional Sale And Purchase Agreement

A New Zealand legal agreement for property sale and purchase that includes specific conditions which must be met before the sale becomes unconditional.

find out more

Purchase And Resale Agreement

A New Zealand-governed agreement establishing terms for purchasing goods with resale rights, including pricing, delivery, and quality specifications.

find out more

Business Purchase Confidentiality Agreement

A New Zealand law-governed confidentiality agreement protecting sensitive information during business purchase negotiations and due diligence.

find out more

Simple Commercial Real Estate Purchase Agreement

A New Zealand-compliant agreement for the purchase and sale of commercial real estate, incorporating essential terms and conditions under NZ law.

find out more

Buy Sell Agreement For Land

A legally binding agreement for the sale and purchase of real property in New Zealand, compliant with local property law requirements.

find out more

Unit Sale Agreement

A New Zealand-compliant agreement for the sale and purchase of unit title properties, incorporating mandatory Unit Titles Act requirements and body corporate provisions.

find out more

Equity Sale Agreement

New Zealand-governed agreement for the sale and purchase of company shares, detailing transaction terms and compliance with local corporate law.

find out more

Commercial Sale Contract

A New Zealand-governed agreement establishing terms for commercial sale of goods between businesses, aligned with local commercial law requirements.

find out more

Agency Agreement For Sale Of Residential Property

A New Zealand-compliant agreement authorizing a real estate agent to market and sell residential property on behalf of the property owner.

find out more

Purchase Agreement For Camper

A New Zealand-compliant agreement for the sale and purchase of a camper vehicle, including terms, conditions, and regulatory requirements.

find out more

Bike Sale Purchase Agreement

A New Zealand-compliant agreement documenting the sale and purchase of a bicycle, including terms of sale, specifications, and warranty details.

find out more

Unconditional Sale And Purchase Agreement

A binding New Zealand legal agreement for the unconditional sale and purchase of property, establishing definitive terms for property transfer without conditions.

find out more

Purchase Contract For Home

A New Zealand-compliant legal agreement for the sale and purchase of residential property, outlining all essential terms and conditions of the transaction.

find out more

Preliminary Sale And Purchase Agreement

A preliminary agreement under New Zealand law that sets out the initial terms and conditions for property sale and purchase transactions, serving as the basis for the final sale agreement.

find out more

Mortgage Sales Agreement

A New Zealand-compliant legal agreement governing the sale of a mortgaged property, detailing sale terms and mortgage arrangements under NZ law.

find out more

Offer Of Purchase And Sale

A New Zealand-compliant legal agreement that documents the terms and conditions of a property sale between vendor and purchaser, governed by NZ property law.

find out more

Assignment Of Real Estate Purchase And Sale Agreement

A New Zealand law-governed agreement transferring rights and obligations under an existing property purchase contract from original to new purchaser.

find out more

Assignment Of Purchase And Sale Agreement

A New Zealand law-governed document that transfers rights and obligations under an existing Purchase and Sale Agreement from an original purchaser to a new purchaser.

find out more

Trailer Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of a trailer, detailing specifications, price, warranties, and transfer terms.

find out more

Domain Sale Agreement

A New Zealand-governed agreement for the sale and transfer of domain name ownership rights, outlining terms, conditions, and transfer process.

find out more

Contract For Sale Of Business Assets

A New Zealand-compliant agreement for the sale and purchase of business assets, detailing terms, conditions, and transfer requirements.

find out more

Motorcycle Selling Agreement

A New Zealand-compliant agreement for the sale and purchase of motorcycles, suitable for both private and commercial transactions.

find out more

Deed Of Purchase And Sale

A New Zealand law-governed deed that documents and effectuates the transfer of property ownership from seller to buyer, including all essential terms and conditions of the sale.

find out more

International Purchase Contract

A New Zealand law-governed contract for international purchase of goods, establishing terms for cross-border trade between buyer and seller.

find out more

Buy Sell Agreement Cross Purchase

A New Zealand-compliant agreement between shareholders establishing procedures for share transfers through a cross-purchase structure when specific trigger events occur.

find out more

Term Sheet For Sale Of Business

A preliminary agreement under New Zealand law outlining key terms and conditions for a proposed business sale transaction.

find out more

Vacant Land Purchase Agreement

A legally binding agreement under New Zealand law for the purchase and sale of vacant land, detailing all essential terms and conditions of the property transaction.

find out more

Simple Vacant Land Purchase Agreement

A New Zealand-compliant agreement for the purchase and sale of vacant land, setting out essential terms and conditions for property transfer.

find out more

Simple Asset Purchase Agreement

A New Zealand-compliant agreement for the straightforward purchase and sale of assets, outlining key terms, conditions, and obligations of the transaction.

find out more

Preliminary Agreement For Sale And Purchase

A binding preliminary agreement for property sale and purchase under New Zealand law, outlining key terms and conditions for the transaction.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it