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Articles Of Organization For A Limited Liability Company
"I need Articles of Organization for a Limited Liability Company in Ireland for my tech startup launching in March 2025, with specific provisions for three co-founders having equal shares, vesting schedules, and protection for our intellectual property."
1. Company Name and Type: Specifies the company name and confirms its status as a private company limited by shares
2. Registered Office: States the official registered address of the company in Ireland
3. Company Objects: Defines the primary business activities and purposes of the company
4. Share Capital: Details the authorized share capital, types of shares, and rights attached to shares
5. Members' Liability: States that member liability is limited to the amount unpaid on shares
6. Initial Members: Lists the founding members and their initial shareholdings
7. Directors: Specifies the first directors and company secretary, including their details
8. Company Secretary: Identifies the company secretary and their duties
9. Board Meetings: Rules for conducting board meetings, including notice, quorum, and voting
10. General Meetings: Procedures for shareholder meetings, voting rights, and resolutions
11. Share Transfers: Rules governing the transfer of shares between parties
12. Financial Statements: Requirements for maintaining financial records and preparing annual accounts
1. Pre-emption Rights: Details members' rights to first refusal on new share issues or transfers, used when founders want to maintain control
2. Drag-Along and Tag-Along Rights: Provisions protecting minority shareholders in case of company sale, recommended for companies seeking investment
3. Reserved Matters: Lists decisions requiring special majority or unanimous consent, useful for companies with multiple shareholders
4. Dividend Policy: Establishes rules for dividend declarations and distributions, recommended for companies with multiple shareholders
5. Intellectual Property Rights: Provisions regarding ownership and protection of IP, important for technology or creative companies
6. Non-Competition Clauses: Restrictions on members' involvement in competing businesses, useful for protecting company interests
1. Schedule 1: Initial Shareholdings: Detailed breakdown of initial share allocation among members
2. Schedule 2: Share Rights and Restrictions: Detailed provisions regarding different share classes and associated rights
3. Schedule 3: Board Reserved Matters: Comprehensive list of decisions requiring board approval
4. Schedule 4: Shareholder Reserved Matters: Matters requiring shareholder approval and voting thresholds
5. Appendix A: Form of Share Transfer Notice: Template for notice of share transfer
6. Appendix B: Company Seal: Design and rules for use of the company seal
Authors
Annual General Meeting
Articles
Board
Business Day
Company
Company Secretary
Directors
Electronic Communication
Extraordinary General Meeting
Financial Year
General Meeting
Member
Month
Office
Ordinary Resolution
Ordinary Shares
Person
Register
Registered Office
Resolution
Seal
Share
Share Capital
Shareholder
Special Resolution
Subscriber
Transfer Notice
Transferee
Transferor
Voting Rights
Written Resolution
Year
Share Capital and Rights
Share Transfers
Share Certificates
Lien on Shares
Calls on Shares
Transfer and Transmission of Shares
Forfeiture of Shares
Alteration of Share Capital
General Meetings
Notice of General Meetings
Proceedings at General Meetings
Votes of Members
Directors
Powers and Duties of Directors
Borrowing Powers
Proceedings of Directors
Secretary
Dividends and Reserves
Accounts
Capitalization of Profits
Notices
Winding Up
Indemnity
Amendment of Articles
Company Seal
Share Premium Account
Board Reserved Matters
Shareholder Reserved Matters
Pre-emption Rights
Drag-Along Rights
Tag-Along Rights
Dispute Resolution
Electronic Communications
Technology
Manufacturing
Professional Services
Retail
Healthcare
Financial Services
Real Estate
Construction
Entertainment
Education
Hospitality
Agriculture
Energy
Transportation
Media and Communications
Legal
Corporate Secretariat
Compliance
Executive Leadership
Board of Directors
Corporate Governance
Risk Management
Finance
Administration
CEO
Company Director
Company Secretary
Corporate Lawyer
Legal Counsel
Business Owner
Entrepreneur
Managing Director
Chief Financial Officer
Compliance Officer
Corporate Governance Manager
Legal Administrator
Business Development Manager
Risk Manager
Board Member
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