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Share Partner Agreement
"I need a Share Partner Agreement for my technology startup based in Bangalore, where three co-founders will have equal shareholding (33.33% each), with specific provisions for future funding rounds and protection of intellectual property rights."
1. Parties: Identification of all parties entering into the agreement, including their legal names, addresses, and registration details
2. Background: Context of the agreement, including company details and purpose of the share partnership
3. Definitions: Definitions of key terms used throughout the agreement
4. Share Ownership Structure: Details of shareholding percentages, classes of shares, and capital contribution requirements
5. Rights and Obligations: Core responsibilities and rights of each share partner
6. Management and Control: Decision-making processes, voting rights, and management structure
7. Profit Sharing and Distributions: Terms for distribution of profits, dividends, and other financial benefits
8. Transfer Restrictions: Limitations and conditions on transfer of shares
9. Pre-emptive Rights: Rights of existing partners to maintain their ownership percentage when new shares are issued
10. Exit Provisions: Procedures for partner exit, including buy-out mechanisms and valuation methods
11. Dispute Resolution: Procedures for resolving disputes between partners
12. Confidentiality: Provisions regarding confidential information and trade secrets
13. Term and Termination: Duration of the agreement and circumstances for termination
14. Governing Law and Jurisdiction: Applicable law and jurisdiction for dispute resolution
1. Tag-Along Rights: Include when minority shareholders need protection to join in sale of shares by majority shareholders
2. Drag-Along Rights: Include when majority shareholders need the right to force minority shareholders to join in sale of company
3. Non-Compete and Non-Solicitation: Include when partners need to be restricted from competing activities
4. Intellectual Property Rights: Include when the partnership involves significant IP assets or development
5. Foreign Investment Provisions: Include when any partner is a foreign entity or individual
6. Reserved Matters: Include when certain decisions require special majority or unanimous consent
7. Dead-Lock Resolution: Include when equal partnership situations need specific deadlock breaking mechanisms
8. Put and Call Options: Include when partners want specific share purchase or sale rights in certain circumstances
1. Schedule 1 - Share Capital and Shareholding Pattern: Detailed breakdown of share capital structure and current shareholding
2. Schedule 2 - Business Plan: Initial business plan and strategic objectives of the partnership
3. Schedule 3 - Valuation Methodology: Agreed methods for share valuation in various circumstances
4. Schedule 4 - Reserved Matters List: Comprehensive list of decisions requiring special approval
5. Schedule 5 - Initial Directors and Key Personnel: List of initial directors and key management positions
6. Appendix A - Company Information: Detailed company information including registration details and existing contracts
7. Appendix B - Deed of Adherence: Template for new partners joining the agreement
8. Appendix C - Share Transfer Forms: Standard forms for share transfers under various scenarios
Authors
Articles of Association
Board
Business
Business Day
Business Plan
Capital Contribution
Confidential Information
Deed of Adherence
Defaulting Partner
Effective Date
Encumbrance
Event of Default
Fair Market Value
Financial Year
Group Company
Initial Business Plan
Intellectual Property Rights
Key Personnel
Material Adverse Effect
Memorandum of Association
Non-Defaulting Partner
Ordinary Course of Business
Partners
Partnership Interest
Permitted Transferee
Related Party
Reserved Matters
SEBI
Share Capital
Shareholders
Shares
Share Transfer
Subsidiary
Tag-Along Rights
Drag-Along Rights
Transfer
Valuation
Voting Rights
Share Capital and Structure
Capital Contributions
Share Certificates
Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Board Composition
Board Meetings
Shareholder Meetings
Management Rights
Reserved Matters
Voting Rights
Financial Matters
Profit Distribution
Dividend Policy
Information Rights
Confidentiality
Non-Compete
Non-Solicitation
Representations and Warranties
Partner Obligations
Default Provisions
Buy-Out Rights
Put and Call Options
Deadlock Resolution
Dispute Resolution
Force Majeure
Term and Termination
Exit Mechanisms
Valuation
Assignment
Notices
Governing Law
Indemnification
Amendment
Severability
Entire Agreement
Technology and Software
Manufacturing
Professional Services
Real Estate and Construction
Healthcare and Pharmaceuticals
Retail and E-commerce
Financial Services
Media and Entertainment
Education and Training
Consulting Services
Industrial Services
Agriculture and Food Processing
Legal
Corporate Affairs
Finance
Compliance
Board of Directors
Corporate Governance
Investment
Business Development
Risk Management
Shareholder Relations
Chief Executive Officer
Managing Director
Company Secretary
Legal Counsel
Corporate Lawyer
Chief Financial Officer
Business Development Director
Investment Manager
Venture Capital Partner
Private Equity Manager
Board Member
Shareholder Relations Manager
Compliance Officer
Risk Manager
Partnership Director
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