Document background
The Startup Shareholder Agreement is a crucial document for emerging companies in Denmark seeking to establish clear governance structures and protect shareholder interests. This agreement becomes necessary when a startup moves beyond initial formation to include multiple shareholders, particularly when bringing in external investors. It serves as the primary document governing shareholder relationships and rights, incorporating specific provisions required under Danish law while addressing typical startup concerns such as share vesting, transfer restrictions, and exit rights. The agreement must comply with the Danish Companies Act (Selskabsloven) while providing flexibility for future funding rounds and potential exit scenarios. Typically implemented during seed or Series A funding rounds, this document forms the foundation for all shareholder interactions and company governance throughout the startup's lifecycle.
