Acquisition Purchase Agreement Template for Netherlands

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Key Requirements PROMPT example:

Acquisition Purchase Agreement

"I need an Acquisition Purchase Agreement under Dutch law for a straight share purchase of a technology company, using a locked box mechanism with a reference date of 1 January 2025, with standard warranties but minimal environmental provisions."

Document background
The Acquisition Purchase Agreement is a crucial legal document used in merger and acquisition transactions under Dutch law. It is employed when one entity wishes to acquire another entity's shares or assets, providing a detailed framework for the transaction. The agreement must comply with specific requirements of Dutch corporate and civil law, including mandatory notarial involvement for share transfers and potential works council consultation requirements. It typically includes comprehensive provisions covering purchase price mechanisms, warranties, indemnities, conditions precedent, and completion mechanics. This document is essential for both domestic Dutch transactions and cross-border acquisitions involving Dutch entities, requiring careful consideration of local legal requirements while following international M&A best practices.
Suggested Sections

1. Parties: Identification of the buyer(s) and seller(s), including full legal names and registered addresses

2. Background: Context of the transaction, including brief description of the target company/assets and purpose of the agreement

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Sale and Purchase: Core transaction terms including what is being sold (shares/assets) and the basic agreement to sell and purchase

5. Purchase Price: Detailed provisions on consideration, including payment terms, adjustments, and earn-out provisions if applicable

6. Conditions Precedent: Conditions that must be satisfied before completion of the transaction

7. Pre-Completion Obligations: Obligations of both parties between signing and completion, including conduct of business requirements

8. Completion: Mechanics of completion, including timing, location, and actions to be taken

9. Warranties: Seller's warranties regarding the target company/assets, including fundamental and business warranties

10. Limitations on Liability: Limitations on seller's liability under the warranties and other provisions

11. Tax Covenants: Specific provisions dealing with tax matters and allocations

12. Confidentiality and Announcements: Provisions regarding confidentiality of the transaction and agreed public announcements

13. Restrictive Covenants: Non-compete and non-solicitation provisions

14. Further Assurance: Obligations to take further actions necessary to give effect to the agreement

15. Assignments and Transfers: Provisions regarding ability to assign or transfer rights under the agreement

16. Notices: Process and requirements for giving formal notices under the agreement

17. General Provisions: Standard boilerplate provisions including entire agreement, amendments, and severability

18. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes

Optional Sections

1. Employee Matters: Required when the transaction involves transfer of employees or specific employee-related arrangements

2. Real Estate: Required when the target company owns or leases significant real estate assets

3. Intellectual Property: Required when IP assets are a significant part of the transaction

4. Data Protection: Required when the target processes significant personal data or has specific privacy compliance obligations

5. Environmental Matters: Required when the target has significant environmental risks or compliance obligations

6. Completion Accounts: Required when purchase price is to be adjusted based on completion accounts

7. Locked Box: Alternative to completion accounts, used when fixed price based on locked box date is agreed

8. Bank Financing: Required when the purchase is contingent on or involves specific financing arrangements

9. Works Council: Required when Works Council approval or consultation is needed under Dutch law

Suggested Schedules

1. Details of the Target Company: Corporate information, shareholding structure, and key details of the target

2. Properties: List and details of all owned and leased properties

3. Intellectual Property Rights: Schedule of all IP rights owned or licensed by the target

4. Employee Information: Details of employees, including key terms of employment

5. Material Contracts: List and summary of material contracts

6. Warranties: Detailed warranties given by the seller

7. Tax Deed: Detailed tax covenant and related provisions

8. Disclosed Information: List of disclosure documents provided by seller

9. Completion Deliverables: List of documents and actions required at completion

10. Form of Transfer Deed: Form of notarial deed required for transfer of shares under Dutch law

11. Data Room Index: Index of documents provided in due diligence

12. Permitted Leakage: List of permitted value extractions in locked box structure

Authors

Alex Denne

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

Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Technology

Real Estate

Financial Services

Healthcare

Retail

Energy

Professional Services

Transportation

Agriculture

Construction

Media and Entertainment

Telecommunications

Industrial

Consumer Goods

Relevant Teams

Legal

Finance

Corporate Development

Mergers & Acquisitions

Strategy

Tax

Compliance

Risk Management

Business Development

Corporate Secretariat

Treasury

Integration

Due Diligence

Relevant Roles

Chief Executive Officer

Chief Financial Officer

General Counsel

Corporate Development Director

M&A Director

Legal Director

Finance Director

Business Development Manager

Corporate Secretary

Investment Manager

Transaction Manager

Due Diligence Manager

Integration Manager

Risk Manager

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

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