Deed Of Association Template for Ireland

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Key Requirements PROMPT example:

Deed Of Association

"I need a standard Deed of Association for a new Irish tech startup to be incorporated in March 2025, with three founding members holding equal shares and basic pre-emption rights."

Document background
The Deed of Association is a crucial document in Irish corporate law, required when establishing a new company or restructuring an existing one. It must comply with the Companies Act 2014 and related legislation, forming an integral part of the company's constitutional documents. The document typically includes essential information about the company's formation, including details of subscribers, share capital structure, management framework, and operational procedures. A properly drafted Deed of Association is vital for successful company registration with the CRO and provides the foundation for corporate governance. It serves as a reference point throughout the company's lifecycle, governing relationships between shareholders, directors, and the company itself.
Suggested Sections

1. Parties: Identifies the subscribers (founding members) of the company

2. Background: Sets out the context and purpose of forming the company

3. Definitions and Interpretation: Defines key terms used throughout the document and interpretation rules

4. Company Name and Type: Specifies the company name and type (e.g., private company limited by shares)

5. Registered Office: States the official registered office address of the company

6. Objects of the Company: Describes the primary purposes and activities of the company

7. Share Capital: Details the authorized share capital and initial share structure

8. Members' Rights and Obligations: Outlines the basic rights and obligations of company members

9. Directors and Secretary: Establishes the management structure and appointment procedures

10. General Meetings: Sets out rules for conducting general meetings

11. Voting Rights: Specifies voting procedures and rights attached to shares

12. Share Transfers: Details the process for transferring shares

13. Execution and Attestation: Contains signature blocks and witness requirements

Optional Sections

1. Pre-emption Rights: Optional provisions giving existing shareholders first right to purchase new shares - recommended for companies with multiple shareholders

2. Drag-Along and Tag-Along Rights: Optional provisions for share sale arrangements - useful for companies expecting future investment or sale

3. Dividend Policy: Optional detailed provisions regarding dividend distributions - recommended for companies with complex shareholding structures

4. Dispute Resolution: Optional detailed procedure for resolving internal disputes - recommended for companies with multiple shareholders

5. Corporate Social Responsibility: Optional provisions regarding social and environmental commitments - useful for companies with specific social missions

6. Intellectual Property Rights: Optional provisions dealing with IP ownership and protection - important for technology or creative companies

Suggested Schedules

1. Schedule 1 - Initial Subscribers: Details of founding members including names, addresses, and initial shareholdings

2. Schedule 2 - Share Capital Structure: Detailed breakdown of share classes, rights, and nominal values

3. Schedule 3 - Initial Directors: Details of first directors including names, addresses, and other required information

4. Schedule 4 - Reserved Matters: List of decisions requiring special approval procedures

5. Appendix A - Form of Share Certificate: Template for share certificates to be issued by the company

6. Appendix B - Company Seal: Design and rules for use of the company seal

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Professional Services

Healthcare

Real Estate

Construction

Education

Hospitality

Energy

Agriculture

Transportation

Media and Entertainment

Non-Profit Organizations

Relevant Teams

Legal

Corporate Secretariat

Compliance

Corporate Governance

Board of Directors

Executive Leadership

Risk Management

Administrative Services

Corporate Affairs

Business Development

Relevant Roles

Chief Executive Officer

Company Secretary

Corporate Lawyer

Legal Counsel

Compliance Officer

Chief Financial Officer

Company Director

Board Member

Corporate Governance Manager

Risk Manager

Legal Administrator

Company Formation Specialist

Corporate Services Manager

Business Development Director

Stakeholder Relations Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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