Document background
The Share Allotment Agreement is a crucial document used when an Irish company issues new shares to investors, existing shareholders, or other subscribers. It serves as the primary legal instrument documenting the terms and conditions under which shares are being issued and subscribed for, ensuring compliance with the Companies Act 2014 and other relevant Irish legislation. This agreement is commonly used in various scenarios including investment rounds, employee share schemes, corporate restructuring, or strategic partnerships. The document typically includes details about the share class, price, payment terms, warranties, and various conditions that must be satisfied before the shares are issued. It also addresses key regulatory requirements specific to Irish company law, such as board approval requirements and filing obligations with the Companies Registration Office.
