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Shareholder Dissolution Agreement
"Need a Shareholder Dissolution Agreement for my Singapore-based tech startup with four shareholders, where two shareholders are buying out the others' shares before dissolution, and we have significant intellectual property assets to distribute."
1. Parties: Details of all shareholders and the company
2. Background: Context of the dissolution and current shareholding structure
3. Definitions: Key terms used throughout the agreement
4. Agreement to Dissolve: Formal agreement of all parties to dissolve the company
5. Distribution of Assets: Method and process of distributing company assets
6. Settlement of Liabilities: Process for settling company debts and obligations
7. Release and Discharge: Mutual release of claims between shareholders
8. Governing Law: Specification of Singapore law as governing law
1. Employee Matters: Provisions for handling employee contracts and obligations when company has employees
2. Intellectual Property Rights: Provisions for distribution of IP assets when company owns intellectual property
3. Ongoing Litigation: Provisions for handling pending legal matters when there are active legal proceedings
4. Tax Indemnities: Provisions for protection against future tax liabilities when significant tax implications exist
1. Schedule 1: Shareholding Structure: Current shareholding details and ownership percentages
2. Schedule 2: Asset List: Comprehensive list of company assets for distribution
3. Schedule 3: Liability List: List of all known company liabilities
4. Schedule 4: Distribution Plan: Detailed plan for asset distribution among shareholders
5. Appendix A: Company Accounts: Final financial statements and accounts
Authors
Approved Budget
Articles of Association
Assets
Board
Business Day
Company
Completion
Completion Date
Confidential Information
Constitution
Dissolution Date
Distribution Plan
Effective Date
Encumbrance
Final Accounts
Governmental Authority
Intellectual Property Rights
Liabilities
Parties
Remaining Assets
Resolution
Share Capital
Shareholders
Shareholders' Agreement
Shares
Singapore Dollars or SGD
Stamp Duty
Taxes
Territory
Transaction Documents
Winding Up
Agreement to Dissolve
Conditions Precedent
Asset Distribution
Payment Terms
Liabilities Settlement
Tax Matters
Share Cancellation
Company Dissolution Process
Confidentiality
Non-Compete
Non-Solicitation
Intellectual Property Rights
Employee Matters
Representations and Warranties
Indemnification
Release and Discharge
Further Assurance
Costs and Expenses
Notices
Assignment
Severability
Entire Agreement
Variation
Waiver
Third Party Rights
Force Majeure
Dispute Resolution
Governing Law
Jurisdiction
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