Shareholder Buy Sell Agreement Template for New Zealand

1. Insurance Provisions: Detailed requirements for life/disability insurance policies when insurance funding is used for buy-sell obligations

2. Right of First Refusal: Procedures for offering shares to existing shareholders before external sales, if this additional restriction is desired

3. Tag-Along Rights: Provisions allowing minority shareholders to join in sales to third parties on same terms as majority shareholders

4. Drag-Along Rights: Provisions allowing majority shareholders to force minority shareholders to join in sales to third parties

5. Special Provisions for Family Members: Additional rules for transfers to family members or family trusts

6. Put and Call Options: Optional rights for shareholders to force purchases or sales in specific circumstances

7. Competition and Confidentiality: Restrictions on competing activities and protection of confidential information, if not covered in separate agreements

1. Schedule 1: Current Shareholdings: Details of current shareholders and their shareholdings

2. Schedule 2: Valuation Methodology: Detailed methodology for calculating share value, including specific formulas or procedures

3. Schedule 3: Insurance Policies: Details of insurance policies held for funding buy-sell obligations

4. Schedule 4: Deed of Adherence: Form of deed for new shareholders to become bound by the agreement

5. Schedule 5: Notice Forms: Template forms for various notices required under the agreement

6. Schedule 6: Share Transfer Form: Standard form for documenting share transfers under the agreement