Document background
The Equity Purchase Agreement is a fundamental transaction document used in New Zealand for the sale and acquisition of company shares or equity interests. It is essential when transferring ownership of shares, whether for a partial or complete acquisition of a company. The agreement must comply with New Zealand's legal framework, particularly the Companies Act 1993, Financial Markets Conduct Act 2013, and relevant tax legislation. It typically includes detailed provisions on purchase price mechanics, warranties and representations, conditions precedent, completion procedures, and post-completion obligations. This document is crucial for protecting both parties' interests, ensuring regulatory compliance, and providing a clear framework for the transaction's execution. It's particularly important for private company transactions and can be adapted for various transaction sizes and complexities.
