The Sale Of Shares Agreement is a crucial document used in New Zealand business transactions when transferring ownership of company shares from one party to another. It serves as the primary legal instrument documenting the terms of sale, protecting both parties' interests, and ensuring compliance with New Zealand's corporate and securities laws. This agreement is essential for both private and public company transactions, containing detailed provisions about the sale price, payment terms, warranties, and conditions precedent. It must comply with the Companies Act 1993, Financial Markets Conduct Act 2013, and other relevant New Zealand legislation. The document is particularly important as it provides a clear framework for the transfer of ownership while managing risk through appropriate warranties and indemnities.
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.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
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 share sale
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
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 of the sale
6. Completion: Details of the completion process, timing, and obligations of each party
7. Seller's Warranties: Standard warranties regarding ownership, authority to sell, and status of shares
8. Purchaser's Warranties: Warranties from the purchaser regarding authority and capacity to purchase
9. Pre-completion Obligations: Obligations of parties between signing and completion
10. Confidentiality: Provisions regarding confidential information and announcements
11. Costs and Taxes: Allocation of transaction costs and tax obligations
12. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Tag Along Rights: Include when minority shareholders need protection to join in the sale
2. Drag Along Rights: Include when majority shareholders need the right to force minorities to join the sale
3. Employee Matters: Include when the sale affects key employees or employee shareholders
4. Intellectual Property: Include when IP rights are significant to the share value
5. Non-Competition: Include when restraint of trade on sellers is required
6. Earn-out Provisions: Include when part of the purchase price is contingent on future performance
7. Foreign Investment Provisions: Include when overseas investment approval is required
8. Break Fee: Include when parties want to specify compensation for transaction failure
1. Schedule 1 - Share Details: Details of shares being sold including class, numbers, and any encumbrances
2. Schedule 2 - Company Details: Full company information including shareholding structure and subsidiaries
3. Schedule 3 - Warranties: Detailed warranties given by the seller regarding the company and shares
4. Schedule 4 - Completion Requirements: Detailed list of documents and actions required for completion
5. Schedule 5 - Company Assets: List of material assets owned by the company
6. Schedule 6 - Disclosed Matters: Matters disclosed against the warranties
7. Appendix A - Board Resolutions: Required board resolutions approving the share transfer
8. Appendix B - Share Transfer Forms: Pro forma share transfer documentation
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Professional Services
Technology
Manufacturing
Retail
Healthcare
Property and Real Estate
Mining and Resources
Agriculture
Transport and Logistics
Education
Construction
Media and Communications
Energy
Tourism and Hospitality
Relevant Teams
Legal
Finance
Corporate Development
Mergers & Acquisitions
Executive Leadership
Company Secretariat
Compliance
Risk Management
Corporate Advisory
Investment
Relevant Roles
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
Legal Counsel
Company Secretary
Business Development Manager
Investment Manager
Mergers & Acquisitions Director
Finance Director
Commercial Director
Board Director
Compliance Officer
Corporate Advisory Manager
Financial Controller
Risk Manager
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.
Download
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.
Download
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.
Download
Purchase Price Agreement
A New Zealand-compliant agreement detailing purchase price terms, conditions, and completion requirements for commercial transactions.
Download
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.
Download
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.
Download
Purchase And Sale Agreement For Wholesalers
A New Zealand-governed agreement establishing terms and conditions for wholesale trading relationships between suppliers and buyers.
Download
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.
Download
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.
Download
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.
Download
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.
Download
Purchase And Resale Agreement
A New Zealand-governed agreement establishing terms for purchasing goods with resale rights, including pricing, delivery, and quality specifications.
Download
Business Purchase Confidentiality Agreement
A New Zealand law-governed confidentiality agreement protecting sensitive information during business purchase negotiations and due diligence.
Download
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.
Download
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.
Download
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.
Download
Equity Sale Agreement
New Zealand-governed agreement for the sale and purchase of company shares, detailing transaction terms and compliance with local corporate law.
Download
Commercial Sale Contract
A New Zealand-governed agreement establishing terms for commercial sale of goods between businesses, aligned with local commercial law requirements.
Download
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.
Download
Purchase Agreement For Camper
A New Zealand-compliant agreement for the sale and purchase of a camper vehicle, including terms, conditions, and regulatory requirements.
Download
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.
Download
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.
Download
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.
Download
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.
Download
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.
Download
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.
Download
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.
Download
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.
Download
Trailer Purchase Agreement
A New Zealand-governed agreement for the sale and purchase of a trailer, detailing specifications, price, warranties, and transfer terms.
Download
Domain Sale Agreement
A New Zealand-governed agreement for the sale and transfer of domain name ownership rights, outlining terms, conditions, and transfer process.
Download
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.
Download
Motorcycle Selling Agreement
A New Zealand-compliant agreement for the sale and purchase of motorcycles, suitable for both private and commercial transactions.
Download
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.
Download
International Purchase Contract
A New Zealand law-governed contract for international purchase of goods, establishing terms for cross-border trade between buyer and seller.
Download
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.
Download
Term Sheet For Sale Of Business
A preliminary agreement under New Zealand law outlining key terms and conditions for a proposed business sale transaction.
Download
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.
Download
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.
Download
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.
Download
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.
Download
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
.png)