Ƶ

Letter Of Intent To Purchase Shares for New Zealand

Letter Of Intent To Purchase Shares Template for New Zealand

A Letter of Intent to Purchase Shares under New Zealand law is a preliminary document that outlines the proposed terms and conditions for the purchase of shares in a company. While primarily non-binding, it contains certain binding provisions such as confidentiality and exclusivity. The document serves as a framework for further negotiations and due diligence, complying with New Zealand's Companies Act 1993 and relevant financial markets legislation. It typically includes details about the proposed transaction structure, purchase price, timeline, and conditions precedent, while establishing the groundwork for the final share purchase agreement.

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
Letter Of Intent To Purchase Shares

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

What is a Letter Of Intent To Purchase Shares?

A Letter of Intent to Purchase Shares is typically used in the early stages of a share acquisition transaction when parties have agreed on basic terms but need to formalize their intentions before proceeding with detailed due diligence and final documentation. It serves as a roadmap for the transaction while providing certain binding commitments, particularly around confidentiality and exclusivity. Under New Zealand law, this document must comply with the Companies Act 1993, Financial Markets Conduct Act 2013, and other relevant legislation. The document is essential for complex share purchases where parties need to establish clear parameters for negotiation, outline due diligence requirements, and set timelines for completion. It helps protect both parties' interests during the negotiation phase and provides a foundation for the final share purchase agreement.

What sections should be included in a Letter Of Intent To Purchase Shares?

1. Sender and Recipient Details: Full legal names and addresses of both parties

2. Date: Date of the letter

3. Subject Line: Clear identification of the document as a Letter of Intent to Purchase Shares

4. Introduction: Brief introduction identifying the parties and the company whose shares are being purchased

5. Transaction Overview: High-level description of the proposed share purchase, including number/percentage of shares

6. Purchase Price: Proposed purchase price and payment terms

7. Due Diligence: Outline of the due diligence process and requirements

8. Timeline: Proposed timeline for completing the transaction

9. Non-Binding Nature: Clear statement that the letter is non-binding except for specific provisions

10. Binding Provisions: Identification of which provisions are binding (typically confidentiality, exclusivity, and governing law)

11. Closing: Signature blocks and formal closing of the letter

What sections are optional to include in a Letter Of Intent To Purchase Shares?

1. Break Fee: Include when there's a need to specify compensation if either party withdraws from the transaction

2. Exclusivity Period: Include when the seller should be prevented from negotiating with other parties for a specified period

3. Conditions Precedent: Include when there are specific conditions that must be met before proceeding with the transaction

4. Financing Contingency: Include when the purchase is subject to the buyer obtaining financing

5. Employee Retention: Include when there are specific intentions regarding key employees post-transaction

6. Regulatory Approvals: Include when the transaction requires specific regulatory or governmental approvals

What schedules should be included in a Letter Of Intent To Purchase Shares?

1. Share Details Schedule: Details of the shares to be purchased, including class, rights, and current ownership

2. Price Calculation Methodology: If the purchase price includes adjustments or earnouts, detailed calculation methodology

3. Due Diligence Checklist: List of documents and information required for due diligence

4. Timeline Schedule: Detailed timeline with specific milestones and deadlines

5. Key Terms Summary: Summary of key commercial terms for quick reference

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

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions


































Clauses



























Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Professional Services

Healthcare

Real Estate

Energy

Agriculture

Mining

Transportation

Telecommunications

Education

Construction

Media and Entertainment

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Executive Leadership

Board of Directors

Compliance

Corporate Secretariat

Treasury

Risk Management

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

Managing Director

Corporate Lawyer

Investment Manager

Company Secretary

Director of Mergers & Acquisitions

Financial Controller

Business Development Manager

Investment Banker

Corporate Development Director

Board Member

Compliance Officer

Finance Director

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

Supply Purchase Agreement

A New Zealand-governed agreement establishing terms for the supply and purchase of goods between parties, including ordering, delivery, pricing, and quality requirements.

Download

Letter Of Intent To Purchase (Real Estate)

A preliminary document under New Zealand law expressing a potential buyer's intention to purchase specific real estate and outlining proposed purchase terms.

Download

Letter Of Intent To Purchase Commercial (Real Estate)

A preliminary document under New Zealand law expressing intent to purchase commercial property and outlining key proposed transaction terms.

Download

Letter Of Intent Commercial (Real Estate)

A preliminary document outlining proposed terms for commercial property transactions in New Zealand, setting the framework for property purchase negotiations while specifying binding and non-binding provisions.

Download

Lease To Buy Agreement

A New Zealand-compliant agreement combining a property lease with a future purchase option, setting terms for both rental period and eventual property acquisition.

Download

Option To Purchase Real Estate Agreement

A New Zealand-compliant agreement granting the exclusive right to purchase specified real estate at predetermined terms within an agreed timeframe.

Download

Equity Investment Contract

A New Zealand-governed agreement detailing the terms and conditions for an investor's equity acquisition in a company, including investment terms, shareholder rights, and governance provisions.

Download

Heavy Equipment Purchase Agreement

A New Zealand-governed agreement for the commercial purchase and sale of heavy equipment, including terms, specifications, and compliance requirements.

Download

Buyback Agreement

A New Zealand law-governed agreement establishing terms for the repurchase of assets, shares, or items by their original owner or issuing entity.

Download

Personal Property Addendum

A New Zealand legal document that supplements existing agreements by specifying terms and conditions related to personal property ownership, transfer, and management.

Download

Lease Agreement With Option To Purchase

A New Zealand-compliant agreement combining property lease terms with a future purchase option for the tenant.

Download

Commercial Lease Agreement With Option To Purchase

A New Zealand-governed agreement combining a commercial property lease with an option for the tenant to purchase the property under specified terms and conditions.

Download

Artwork Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of artwork, ensuring legal transfer of ownership and protecting both buyer and seller interests.

Download

Aircraft Sale Agreement

A New Zealand-governed agreement for the sale and purchase of aircraft, including terms, conditions, and regulatory compliance requirements.

Download

Advance Agreement For Land Purchase

A New Zealand-governed agreement setting out terms and conditions for a future land purchase, including due diligence and completion requirements.

Download

Letter Of Agreement Between Buyer And Seller Of Land

A preliminary binding agreement under New Zealand law that establishes the essential terms and conditions between parties for the sale and purchase of land.

Download

Dealer Purchase Agreement

A New Zealand-compliant agreement between motor vehicle dealers and purchasers for the sale of vehicles, adhering to local automotive sales regulations.

Download

Asset Purchase Form

A New Zealand-compliant legal document facilitating the transfer of asset ownership from seller to purchaser, detailing terms, conditions, and requirements of the sale.

Download

Vehicle Purchase Contract

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

Download

Client List Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of a client list, ensuring compliance with privacy and commercial laws while facilitating business transfer.

Download

Truck Lease To Own Agreement

A New Zealand-governed agreement establishing terms for leasing a commercial truck with an option to purchase at the end of the lease term.

Download

Owner Finance Purchase Agreement

A New Zealand-compliant agreement for property purchase where the seller provides direct financing to the buyer, combining property sale and loan terms.

Download

Business Buyout Agreement

A New Zealand-governed agreement documenting the terms and conditions for the sale and purchase of a business, including all essential transaction elements and regulatory compliance requirements.

Download

Option To Purchase Business Agreement

A New Zealand law-governed agreement granting the right to purchase a business under specified terms and conditions within an agreed timeframe.

Download

Agreement Of Purchase And Sale Form For Private Sale

A New Zealand-compliant legal agreement documenting the terms and conditions for the private sale of property between a vendor and purchaser.

Download

Franchise Purchase Agreement

A New Zealand-governed agreement establishing the terms and conditions for purchasing and operating a franchise business, including rights, obligations, and operational requirements.

Download

Quota Purchase Agreement

A New Zealand-specific agreement for the transfer of fishing quota shares under the Quota Management System, including purchase terms and regulatory compliance requirements.

Download

Commercial Lease Purchase Agreement

A New Zealand-governed agreement combining commercial property lease terms with purchase rights/obligations for the tenant to acquire the property under specified conditions.

Download

Price Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for purchase and sale of assets, including price, payment terms, and completion requirements.

Download

Goods Purchase Agreement

A New Zealand-compliant agreement setting out terms and conditions for the commercial purchase and sale of goods.

Download

Bond Purchase Agreement

A New Zealand-governed agreement setting out terms and conditions for the purchase of bonds between issuer and purchaser(s), compliant with local financial markets regulations.

Download

Pre Purchase Agreement

A New Zealand-governed agreement that establishes preliminary terms and conditions for a potential property or asset purchase, including due diligence requirements and conditions precedent.

Download

Equity Buyout Agreement

A New Zealand law-governed agreement facilitating the purchase and sale of company shares, outlining terms, conditions, and regulatory compliance requirements.

Download

Product Purchase Agreement

A New Zealand law-governed agreement setting out terms and conditions for the purchase and sale of products, including specifications, pricing, and delivery terms.

Download

Letter Of Intent To Purchase Shares

A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction, including both non-binding commercial terms and binding provisions like confidentiality.

Download

Land Option Agreement

A New Zealand-compliant agreement granting exclusive rights to purchase specified land within an agreed timeframe and terms.

Download

Entity Purchase Agreement

A New Zealand-governed agreement for the purchase and sale of an entity, including comprehensive terms, conditions, and transaction mechanics.

Download

Wholesale Purchase Agreement

A New Zealand-governed agreement establishing terms for wholesale purchase and supply of goods between commercial parties.

Download

Aircraft Purchase Letter Of Intent

A New Zealand law-governed preliminary document outlining key terms and conditions for a proposed aircraft purchase, serving as a framework for negotiating the final agreement.

Download

Option To Buy Contract

A New Zealand-governed agreement granting the right to purchase specified property at predetermined terms within an agreed timeframe.

Download
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