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Owner Agreement Contract
"I need an Owner Agreement Contract for a new tech startup in Singapore with three founding partners, where two partners will contribute capital and one will contribute intellectual property, to be effective from March 2025."
1. Parties: Identification and details of all owners/shareholders entering the agreement
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Ownership Structure: Details of ownership percentages, classes of shares, and voting rights
5. Management Rights: Decision-making processes and management authority
6. Capital Contributions: Initial and ongoing capital requirements
7. Profit Distribution: Rules for distributing profits and losses
8. Transfer Restrictions: Rules governing the transfer of ownership interests
9. Termination: Circumstances and procedures for terminating the agreement
1. Non-Compete Provisions: Restrictions on competitive activities - use when owners may have competing business interests
2. Intellectual Property Rights: Ownership and use of IP - include when the business involves significant IP assets
3. Tag-Along Rights: Rights of minority owners to join in sale of majority interest - use in multi-owner structures with minority shareholders
4. Drag-Along Rights: Rights of majority owners to force minority owners to join in sale - use in multi-owner structures with potential exit strategies
1. Schedule 1: Initial Capital Contributions: Detailed breakdown of each owner's initial investment
2. Schedule 2: Ownership Structure: Detailed breakdown of shareholding percentages and share classes
3. Schedule 3: Reserved Matters: List of decisions requiring special majority or unanimous consent
4. Appendix A: Valuation Methodology: Agreed method for valuing ownership interests
5. Appendix B: Transfer Procedures: Detailed procedures for transferring ownership interests
Authors
Articles of Association
Board
Business
Business Day
Capital Contribution
Company
Completion
Confidential Information
Directors
Effective Date
Encumbrance
Fair Market Value
Financial Year
Group
Initial Capital
Law
Management Committee
Material Breach
Ordinary Resolution
Ownership Interest
Parties
Reserved Matters
SGD
Singapore Dollars
Shareholders
Shares
Share Transfer
Special Resolution
Subsidiary
Tag-Along Rights
Transfer Notice
Valuation
Voting Rights
Share Classes
Capital Contributions
Voting Rights
Management Rights
Board Composition
Reserved Matters
Profit Distribution
Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Non-Competition
Confidentiality
Dividend Policy
Death or Incapacity
Dispute Resolution
Deadlock Resolution
Termination
Exit Mechanisms
Share Valuation
Information Rights
Amendment Procedures
Governing Law
Notices
Force Majeure
Assignment
Severability
Entire Agreement
Further Assurance
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