Document background
The Company Share Sale Agreement is a fundamental document used in corporate transactions under Irish law when transferring ownership of a company through the sale of its shares. This agreement is essential for both private and public company transactions, though its application and complexity may vary. It sets out the complete terms of the share sale transaction, including the precise mechanics of the transfer, purchase price and payment terms, warranties about the company's business and affairs, tax indemnities, and various post-completion obligations. The document must comply with the Irish Companies Act 2014 and other relevant legislation, while also addressing practical commercial considerations. It's particularly important as it not only documents the transaction but also allocates risk between the parties through its warranty and indemnity provisions. The agreement typically requires input from legal, financial, and tax advisors to ensure all aspects of the transaction are properly addressed and documented.
