Document background
An Equity Sale Agreement is a fundamental document used in mergers and acquisitions transactions under Irish law. This agreement is essential when transferring ownership of a company through the sale of its shares, whether for a partial or complete acquisition. The document serves as the primary contract governing the transaction, incorporating all necessary provisions required by Irish corporate law and standard market practice. It includes detailed sections covering the sale mechanics, purchase price calculations, warranties about the business, tax indemnities, and completion procedures. The agreement is typically heavily negotiated and requires careful consideration of both legal and commercial aspects, often involving extensive due diligence findings. It's particularly crucial as it allocates risk between parties and provides the framework for executing the transaction in compliance with Irish legal requirements.
