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Company Ownership Agreement
"I need a Company Ownership Agreement for my tech startup with three co-founders, where we want to include specific provisions for future funding rounds and a clear exit strategy if any founder leaves before January 2025."
1. Parties: Identification of all shareholders and the company
2. Background: Context of the agreement and company structure
3. Definitions: Key terms used throughout the agreement
4. Share Capital Structure: Details of share classes and ownership distribution
5. Management and Control: Decision-making processes and voting rights
6. Transfer of Shares: Rules and restrictions on share transfers
7. Termination: Circumstances and procedures for agreement termination
1. Tag-Along Rights: Minority shareholder protection provisions enabling them to join in sale of majority shares
2. Drag-Along Rights: Majority shareholder rights to force minority shareholders to join in sale of company
3. Non-Compete Provisions: Restrictions on competitive activities by shareholders during and after ownership
4. Dividend Policy: Detailed rules and procedures for profit distribution and dividend payments
1. Schedule 1 - Share Certificate Templates: Standard form of share certificates to be used by the company
2. Schedule 2 - Deed of Adherence: Template agreement for new shareholders joining the company
3. Schedule 3 - Company Information: Details of company registration, structure, and corporate information
4. Schedule 4 - Initial Business Plan: Company's strategic objectives, financial forecasts, and operational plans
5. Schedule 5 - Shareholder Details: Comprehensive list of current shareholders and their respective holdings
Authors
Articles of Association
Board
Business
Business Day
Business Plan
Companies Act
Company
Completion
Confidential Information
Director
Encumbrance
Fair Value
Financial Year
Group
Holding Company
Intellectual Property Rights
Law
Material Contract
Member
Ordinary Shares
Party/Parties
Permitted Transfer
Reserved Matters
Share Capital
Shareholder
Shares
Subsidiary
Tag-Along Notice
Tag-Along Rights
Transfer
Transferee
Transferor
Valuation
Working Hours
Transfer of Shares
Pre-emption Rights
Tag-Along Rights
Drag-Along Rights
Shareholders' Meetings
Board Composition
Management and Decision Making
Reserved Matters
Dividend Policy
Confidentiality
Non-Competition
Non-Solicitation
Information Rights
Deadlock Resolution
Exit Provisions
Share Valuation
Default Events
Dispute Resolution
Termination
Death of Shareholders
Good Leaver/Bad Leaver
Assignment
Notices
Entire Agreement
Severability
Variation
Costs
Governing Law
Jurisdiction
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