tiktok³ÉÈË°æ

All Countries
Founder Stock Purchase Agreement

Founder Stock Purchase Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Founder Stock Purchase Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Founder Stock Purchase Agreement

"I need a Founder Stock Purchase Agreement for my New Zealand technology startup, covering the purchase of 100,000 ordinary shares with a 4-year vesting schedule starting March 2025, including standard drag-along and tag-along rights."

Celebrated by
Collaborations with
Investors
Document background
The Founder Stock Purchase Agreement is a crucial document used during company formation or early-stage operations in New Zealand, when founders are formally acquiring their equity stakes in the company. This agreement is essential for establishing clear ownership rights, preventing future disputes, and ensuring compliance with New Zealand corporate law. It typically includes detailed information about share class, quantity, purchase price, vesting schedules (if applicable), and transfer restrictions. The document must comply with New Zealand's Companies Act 1993 and related regulations, making it a fundamental component of the company's corporate governance framework. It serves as a key reference point for future corporate actions, investment rounds, and potential exits.
Suggested Sections

1. Parties: Identifies the company, the founder(s) purchasing shares, and any other relevant parties to the agreement

2. Background: Describes the context of the agreement, including the company's formation and the founder's relationship to the company

3. Definitions: Defines key terms used throughout the agreement

4. Purchase and Sale: Details the specific shares being purchased, including class, number, and purchase price

5. Payment Terms: Specifies how and when payment for shares will be made

6. Closing and Delivery: Outlines the conditions and procedures for completing the share purchase

7. Representations and Warranties of the Company: Company's statements about its legal status, authority, and share validity

8. Representations and Warranties of the Founder: Founder's statements about their capacity to enter the agreement and compliance with laws

9. Share Restrictions: Details any restrictions on transfer, sale, or encumbrance of the shares

10. Founder Obligations: Specifies any ongoing commitments or obligations of the founder

11. Termination: Circumstances under which the agreement can be terminated

12. General Provisions: Standard legal provisions including notices, amendments, governing law, and dispute resolution

Optional Sections

1. Vesting Provisions: Include when shares are subject to vesting over time or based on milestones

2. Right of First Refusal: Include when the company or other shareholders should have first right to purchase shares if the founder wishes to sell

3. Drag-Along Rights: Include when majority shareholders should have the right to force minority shareholders to join in the sale of the company

4. Tag-Along Rights: Include when minority shareholders should have the right to join in a sale by majority shareholders

5. Intellectual Property Assignment: Include when the founder needs to assign any relevant IP rights to the company

6. Non-Competition and Non-Solicitation: Include when founders should be restricted from competing or soliciting employees/customers

7. Board Participation Rights: Include when the agreement includes rights related to board membership or observation

8. Information Rights: Include when specifying founder's rights to company information and financial reports

Suggested Schedules

1. Schedule 1: Share Details: Detailed description of shares including class, rights, and restrictions

2. Schedule 2: Subscription Price Calculation: Breakdown of how the share purchase price was calculated

3. Schedule 3: Deed of Adherence: Form of deed to be signed by transferees of shares

4. Schedule 4: Vesting Schedule: If applicable, detailed timeline and conditions for share vesting

5. Schedule 5: Shareholders' Agreement: Key terms from or reference to the company's shareholders' agreement

6. Appendix A: Share Certificate: Form of share certificate to be issued

7. Appendix B: Board Resolutions: Copies of relevant board resolutions approving the share issuance

8. Appendix C: Company Constitution Excerpts: Relevant sections of the company constitution regarding share issuance and transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions










































Clauses






























Relevant Industries

Technology

Financial Services

Professional Services

Healthcare

Manufacturing

E-commerce

Retail

Software Development

Biotechnology

Clean Energy

Agriculture

Education Technology

Digital Media

Telecommunications

Consumer Products

Relevant Teams

Legal

Corporate Secretariat

Executive Leadership

Board of Directors

Finance

Compliance

Corporate Governance

Investment

Administration

Relevant Roles

Chief Executive Officer

Company Director

Founder

Co-Founder

Chief Financial Officer

Corporate Lawyer

General Counsel

Company Secretary

Chief Legal Officer

Corporate Governance Officer

Board Member

Chief Operating Officer

Startup Founder

Managing Director

Legal Counsel

Investment Manager

Corporate Secretary

Compliance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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.

find out more

Letter Of Intent To Buy Shares

A preliminary document under New Zealand law outlining the proposed terms and conditions for a share purchase transaction.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

Stock Lease Agreement

A New Zealand-governed agreement establishing terms and conditions for livestock leasing arrangements, including care requirements and compliance obligations.

find out more

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.

find out more

Simple Share Purchase Agreement

A New Zealand law-governed agreement for the straightforward transfer of company shares between a seller and purchaser.

find out more

Founder Stock Purchase Agreement

A New Zealand-governed agreement documenting the purchase of company shares by founder(s), establishing share ownership terms and conditions.

find out more

Preferred Stock Purchase Agreement

A New Zealand law-governed agreement for the purchase of preferred shares, outlining investment terms and shareholder rights.

find out more

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.

find out more

Share Buyout Agreement

A New Zealand-governed agreement documenting the terms and conditions for the purchase of company shares from existing shareholder(s).

find out more

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.

find out more

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.

find out more

Stock Sale Agreement

A New Zealand-governed agreement for the sale and transfer of company shares, outlining terms, conditions, and regulatory compliance requirements.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

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.

find out more

Stock Exchange Agreement

A New Zealand-governed agreement establishing the regulatory and operational framework for stock exchange operations under NZ financial markets law.

find out more

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.

find out more

Stock Borrowing Agreement

A New Zealand law-governed agreement establishing terms for temporary securities lending between parties, including collateral requirements and fee structures.

find out more

Share Exchange Agreement

A New Zealand-governed agreement facilitating the exchange of shares between entities, detailing exchange terms and ensuring regulatory compliance.

find out more

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.

find out more

Restricted Stock Purchase Agreement

A New Zealand-governed agreement for the purchase of restricted company shares, typically used in employee equity compensation arrangements.

find out more

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.

find out more

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.

find out more

Share Option Agreement

A New Zealand-compliant agreement granting rights to purchase company shares at a predetermined price and time, subject to specified conditions.

find out more

Private Stock Sale Agreement

A New Zealand-governed agreement for the private sale and transfer of company shares between a seller and purchaser.

find out more

Common Stock Purchase Agreement

A New Zealand-governed agreement for the sale and purchase of company shares, detailing terms, conditions, and obligations of the transaction.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.