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Equity Ownership Agreement
"I need an Equity Ownership Agreement under Dutch law for transferring 40% of shares in my tech startup to a new investor, with completion planned for March 2025 and including standard drag-along rights."
1. Parties: Identification of the parties entering into the agreement, including the company, current shareholders, and new shareholders
2. Background: Context of the agreement, including company information, share capital structure, and purpose of the transaction
3. Definitions: Definitions of key terms used throughout the agreement
4. Sale and Purchase of Shares: Details of the shares being transferred, including number, class, and price
5. Consideration: Payment terms, method, and timing for the share purchase
6. Completion: Requirements and conditions for completing the share transfer
7. Warranties and Representations: Statements of fact and assurances from both seller and purchaser
8. Covenants: Ongoing obligations of the parties post-completion
9. Transfer Restrictions: Limitations on future share transfers and pre-emptive rights
10. Shareholder Rights: Voting rights, dividend rights, and other shareholder privileges
11. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes
12. General Provisions: Standard clauses including notices, amendments, and severability
1. Tag-Along Rights: Used when minority shareholders should have the right to join in any sale by majority shareholders
2. Drag-Along Rights: Include when majority shareholders should have the right to force minority shareholders to join in a sale
3. Anti-Dilution Protection: Add when protecting certain shareholders from dilution in future share issues
4. Board Representation: Include when certain shareholders are granted rights to appoint board members
5. Non-Competition and Non-Solicitation: Add when selling shareholders should be restricted from competing or soliciting employees
6. Employee Share Ownership Provisions: Include when shares are being transferred to or held by employees
7. Put and Call Options: Add when parties want rights to force purchase or sale of shares under specific conditions
8. Deadlock Resolution: Include for companies with equal shareholders to resolve decision-making deadlocks
1. Share Capital Structure: Detailed breakdown of the company's share capital and ownership
2. Deed of Transfer: Form of notarial deed required under Dutch law for share transfer
3. Shareholders' Register: Updated shareholders' register reflecting new ownership
4. Warranties: Detailed list of warranties given by the parties
5. Company Information: Extract from Commercial Register and constitutional documents
6. Corporate Approvals: Copies of board and shareholder resolutions approving the transfer
7. Payment Details: Bank account and payment instruction details
8. Completion Checklist: List of actions and documents required for completion
Authors
Articles of Association
Board
Business Day
Completion
Completion Date
Confidential Information
Consideration
Deed of Transfer
Encumbrance
Event of Default
Fair Market Value
General Meeting
Group
Notary
Ordinary Shares
Party/Parties
Purchase Price
Purchaser
Related Persons
Seller
Share Capital
Shareholder
Shares
Subsidiary
Tag-Along Rights
Drag-Along Rights
Trade Register
Transfer
Warranties
Working Day
Management Board
Supervisory Board
Share Certificate
Shareholders' Register
Material Adverse Change
Permitted Transfer
Pre-emptive Rights
Qualifying Interest
Reserved Matters
Transaction Documents
Voting Rights
Works Council
Business
Company
Effective Date
Share Purchase
Consideration
Completion
Pre-Completion Obligations
Conditions Precedent
Warranties and Representations
Indemnification
Share Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Anti-Dilution
Board Representation
Voting Rights
Dividend Rights
Information Rights
Confidentiality
Non-Competition
Non-Solicitation
Put Option
Call Option
Deadlock Resolution
Reserved Matters
Corporate Governance
Share Certificates
Share Register
Notarial Requirements
Shareholders Meetings
Amendment of Articles
Default
Remedies
Termination
Assignment
Notices
Costs
Severability
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Force Majeure
Further Assurance
Waiver
Third Party Rights
Technology
Financial Services
Manufacturing
Professional Services
Real Estate
Healthcare
Retail
Energy
Transportation
Media and Entertainment
Agriculture
Construction
Software
Telecommunications
Biotechnology
Legal
Finance
Corporate Development
Executive Leadership
Compliance
Tax
Treasury
Shareholder Relations
Corporate Governance
Business Development
Risk Management
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Lawyer
Legal Director
Company Secretary
Investment Manager
Corporate Development Director
Finance Director
Mergers & Acquisitions Director
Board Member
Managing Director
Shareholder Relations Manager
Compliance Officer
Tax Director
Business Development Director
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