Document background
The Share Allocation Agreement is a crucial document used in Dutch corporate transactions when a company wishes to issue and allocate shares to new or existing shareholders. It serves multiple purposes, including implementing employee share schemes, documenting investment transactions, or facilitating corporate restructuring. The agreement must comply with Dutch corporate law requirements, particularly the Dutch Civil Code and Financial Supervision Act. It typically includes detailed provisions about the shares being allocated, payment terms, conditions precedent, completion mechanics, and various rights and obligations of the parties involved. For private companies (BVs), the agreement often needs to be executed before a Dutch civil law notary, while public companies (NVs) may have additional requirements under securities laws. The document plays a vital role in maintaining clear records of share ownership and ensuring compliance with both statutory requirements and any existing shareholders' agreements.
