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Articles Of Association For Private Companies Limited By Shares
"I need Articles Of Association For Private Companies Limited By Shares for a new technology startup with three founding shareholders, including specific provisions for future venture capital investment and employee share options to be implemented by March 2025."
1. Interpretation: Definitions of terms used throughout the articles and rules for interpretation
2. Share Capital: Details of authorized share capital, classes of shares, and rights attached to different share classes
3. Share Certificates: Rules and procedures regarding the issuance, format, and replacement of share certificates
4. Transfer of Shares: Procedures and restrictions governing the transfer of shares between parties
5. General Meetings: Rules for calling, conducting, and voting at shareholder meetings
6. Directors: Powers, duties, appointment, removal, and qualification requirements for directors
7. Decision-Making by Directors: Procedures for board meetings, written resolutions, and voting mechanisms
8. Dividends and Other Distributions: Rules governing the declaration and payment of dividends and other distributions
9. Administrative Arrangements: General provisions regarding company administration, records, and communications
1. Pre-emption Rights: Rights of existing shareholders to purchase new shares before they are offered to third parties
2. Tag-Along Rights: Rights of minority shareholders to join in the sale of shares by majority shareholders
3. Drag-Along Rights: Rights of majority shareholders to force minority shareholders to join in a sale of the company
4. Share Capital Maintenance: Additional provisions regarding share capital increases, reductions, and restructuring
5. Alternate Directors: Provisions for the appointment and powers of alternate directors
1. Schedule 1: Share Capital Structure: Detailed breakdown of share classes, rights, and initial allocation
2. Schedule 2: Initial Shareholders: List of founding shareholders and their respective shareholdings
3. Schedule 3: Reserved Matters: List of decisions requiring special majority or unanimous consent
4. Schedule 4: Form of Share Certificate: Template and requirements for share certificates
5. Schedule 5: Proxy Form: Standard form for appointing proxies for general meetings
Authors
Articles
Auditors
Board
Business Day
Chairman
Class Rights
Company
Director
Electronic Form
Fully Paid
General Meeting
Holder
Member
Memorandum
Office
Ordinary Resolution
Ordinary Shares
Paid
Preference Shares
Register of Members
Registered Office
Seal
Secretary
Securities
Share Capital
Shareholder
Special Resolution
Statutes
Transfer Office
Transmission Event
United States
USD
Writing
Year
Share Certificates
Lien on Shares
Calls on Shares
Transfer of Shares
Transmission of Shares
Forfeiture of Shares
Alteration of Capital
General Meetings
Proceedings at General Meetings
Votes of Members
Proxies
Directors
Powers of Directors
Proceedings of Directors
Secretary
Dividends and Reserves
Capitalization of Profits
Accounts
Notices
Indemnity and Insurance
Winding Up
Amendment of Articles
Share Class Rights
Pre-emption Rights
Board Composition
Decision Making
Corporate Records
Seal Usage
Borrowing Powers
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