The Stock Buyback Agreement is a crucial document used when a company wishes to repurchase its own shares from existing shareholders in New Zealand. This document is essential for companies implementing share buyback programs, whether for capital management, shareholder value enhancement, or corporate restructuring purposes. The agreement must comply with the Companies Act 1993, which requires specific procedures including directors' solvency certificates and, in some cases, shareholder approval. It's commonly used by both private and public companies, though listed companies must also comply with additional NZX requirements. The document typically includes detailed provisions on share valuation, payment terms, completion procedures, and tax implications, while ensuring protection for both the company and selling shareholders.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of the company purchasing its shares and the selling shareholder(s)
2. Background: Context of the buyback, including company details, existing shareholding structure, and purpose of the buyback
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Agreement to Sell and Purchase: Core terms of the share buyback, including number of shares, price, and basic mechanics
5. Purchase Price and Payment: Detailed terms of consideration and payment mechanics
6. Conditions Precedent: Required conditions to be satisfied before the buyback can proceed, including board/shareholder approvals and solvency test
7. Completion: Process and requirements for completing the buyback transaction
8. Representations and Warranties: Standard warranties from both parties, including title to shares and authority to enter agreement
9. Tax Matters: Treatment of tax implications and responsibilities
10. Confidentiality: Obligations regarding confidential information
11. General Provisions: Standard boilerplate clauses including notices, amendments, governing law
1. Regulatory Compliance: For listed companies or where specific regulatory requirements apply
2. Multiple Shareholders: Additional provisions when multiple shareholders are selling shares
3. Security Interest Provisions: Where shares are subject to existing security interests
4. Drag-Along Rights: Where minority shareholders must be included in the buyback
5. Employee Shareholder Provisions: Special provisions for buyback of shares from employee shareholders
6. Market Announcement Requirements: For listed companies requiring specific announcements
7. Escrow Arrangements: Where payment or shares need to be held in escrow
1. Share Details: Schedule detailing the shares being bought back, including share numbers, classes, and certificates
2. Form of Share Transfer: Standard form for transferring the shares back to the company
3. Board Resolution: Pro forma board resolution approving the buyback
4. Shareholder Resolution: Pro forma special resolution of shareholders (if required)
5. Solvency Certificate: Pro forma directors' certificate confirming company solvency
6. Completion Checklist: List of actions and documents required for completion
7. Regulatory Filings: Forms and notices required for Companies Office and other regulators
Find the exact document you need
Standard Share Purchase Agreement
A New Zealand law-governed agreement detailing terms and conditions for the sale and purchase of company shares, including price, warranties, and completion requirements.
Download
Letter Of Intent To Buy Shares
A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction.
Download
Business Share Transfer Agreement
A New Zealand-governed agreement documenting the terms and conditions for transferring business shares between parties, ensuring legal compliance and protecting all stakeholders' interests.
Download
Stock Buy Back Agreement
A New Zealand law-governed agreement documenting the terms for a company's repurchase of its own shares from existing shareholders.
Download
Preference Shares Agreement
A New Zealand law-governed agreement establishing the terms and conditions for preference shares issuance, including dividend rights, voting rights, and capital return priorities.
Download
Letter Of Offer To Purchase Shares
A formal offer document under New Zealand law that initiates the process of purchasing shares from existing shareholders, outlining key terms and conditions of the proposed transaction.
Download
Simple Stock Transfer Agreement
A New Zealand-governed agreement for the transfer of company shares between parties, outlining terms, conditions, and compliance requirements under NZ law.
Download
Simple Stock Purchase Agreement
A New Zealand-compliant agreement for the straightforward transfer of company shares between a seller and purchaser, outlining key terms and conditions of the sale.
Download
Simple Share Transfer Agreement
A New Zealand law-governed agreement for the transfer of shares between parties, setting out essential terms and conditions of the share transfer transaction.
Download
Stock Appreciation Rights Agreement
A New Zealand-compliant agreement granting employees the right to receive payment based on the increase in company value over time, without actual share ownership.
Download
Short Form Stock Purchase Agreement
A concise agreement under New Zealand law for the sale and purchase of company shares, suitable for straightforward share transfer transactions.
Download
Stock Lease Agreement
A New Zealand-governed agreement establishing terms and conditions for livestock leasing arrangements, including care requirements and compliance obligations.
Download
Share Vesting Agreement
A New Zealand-governed agreement that sets out the terms and schedule for the gradual vesting of company shares to a recipient.
Download
Simple Share Purchase Agreement
A New Zealand law-governed agreement for the straightforward transfer of company shares between a seller and purchaser.
Download
Founder Stock Purchase Agreement
A New Zealand-governed agreement documenting the purchase of company shares by founder(s), establishing share ownership terms and conditions.
Download
Preferred Stock Purchase Agreement
A New Zealand law-governed agreement for the purchase of preferred shares, outlining investment terms and shareholder rights.
Download
Equity Repurchase Agreement
A New Zealand law-governed agreement for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate legislation.
Download
Share Cancellation Agreement
A New Zealand law-governed agreement documenting the terms and process for cancelling shares in a company, including consideration, approvals, and regulatory compliance requirements.
Download
Phantom Stock Agreement
A New Zealand-governed agreement that provides employees with financial benefits linked to company share value without actual share issuance.
Download
Share Buyout Agreement
A New Zealand-governed agreement documenting the terms and conditions for the purchase of company shares from existing shareholder(s).
Download
Share Distribution Agreement
A New Zealand-governed agreement setting out terms and conditions for the distribution of company shares, ensuring compliance with local securities laws and regulations.
Download
Restricted Stock Unit Agreement
A New Zealand-governed agreement establishing terms for granting Restricted Stock Units (RSUs) to employees, including vesting conditions and settlement terms.
Download
Stock Sale Agreement
A New Zealand-governed agreement for the sale and transfer of company shares, outlining terms, conditions, and regulatory compliance requirements.
Download
Stock Option Purchase Agreement
A New Zealand-governed agreement setting out terms for stock option grants, including exercise rights, vesting conditions, and share purchase terms.
Download
Letter Of Intent To Sell Shares
A preliminary document under New Zealand law outlining the proposed terms and conditions for a share sale transaction, serving as a framework for negotiation and formal agreement.
Download
Shares Subscription Agreement
A New Zealand law-governed agreement documenting the terms and conditions for an investor's purchase of newly issued shares in a company.
Download
Share Issue Agreement
A New Zealand-governed agreement setting out terms for issuing new company shares to subscribers, including share details, consideration, and completion requirements.
Download
Share For Share Exchange Agreement
A New Zealand-governed agreement facilitating the exchange of shares between companies, outlining terms, conditions, and compliance requirements under local law.
Download
Share Charge Agreement
A New Zealand law-governed security agreement creating a charge over shares, establishing security rights and obligations in compliance with NZ legislation.
Download
Vested Equity Agreement
A New Zealand-compliant agreement outlining terms for granting and vesting of company equity to individuals, including vesting schedules, conditions, and rights.
Download
Stock Exchange Agreement
A New Zealand-governed agreement establishing the regulatory and operational framework for stock exchange operations under NZ financial markets law.
Download
Stock Buyback Agreement
A New Zealand law-governed agreement setting out terms for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate and securities laws.
Download
Stock Borrowing Agreement
A New Zealand law-governed agreement establishing terms for temporary securities lending between parties, including collateral requirements and fee structures.
Download
Share Exchange Agreement
A New Zealand-governed agreement facilitating the exchange of shares between entities, detailing exchange terms and ensuring regulatory compliance.
Download
Share Swap Agreement
A New Zealand law-governed agreement facilitating the exchange of shares between companies, setting out terms, conditions, and mechanics of the share swap transaction.
Download
Restricted Stock Purchase Agreement
A New Zealand-governed agreement for the purchase of restricted company shares, typically used in employee equity compensation arrangements.
Download
Stock Repurchase Agreement
A New Zealand law-governed agreement setting out terms for a company to repurchase its own shares from existing shareholders, ensuring compliance with local corporate and financial regulations.
Download
Employee Stock Option Agreement
A New Zealand-compliant agreement outlining terms and conditions for granting company stock options to employees, including exercise rights, vesting conditions, and regulatory requirements.
Download
Share Option Agreement
A New Zealand-compliant agreement granting rights to purchase company shares at a predetermined price and time, subject to specified conditions.
Download
Private Stock Sale Agreement
A New Zealand-governed agreement for the private sale and transfer of company shares between a seller and purchaser.
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)