All Templates
Create university spin-out
🖍️ Shareholders' agreement
University Spin Out Subscription And Shareholders Agreement
University Spin Out Subscription And Shareholders Agreement
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
🖍️ Shareholders' agreementBusiness activity
Create university spin-outThe University Spin Out Subscription And Shareholders Agreement under UK law is a legal template designed specifically for universities involved in the commercialization of innovative technologies and intellectual property.
This agreement governs the relationship between the university and its spin-out company, as well as the shareholders involved in this venture. It sets out the terms and conditions regarding the issuance and subscription of shares, the rights and obligations of the shareholders, and the overall governance structure of the spin-out company.
The template covers various essential aspects, such as the initial funding arrangements, the intellectual property rights transfer from the university to the spin-out, confidentiality provisions, restrictions on competition, and the allocation of voting rights and decision-making powers among the shareholders.
Additionally, the agreement outlines the mechanisms for share transfers and the potential scenarios for exit, including acquisition or initial public offering. It also addresses the potential conflicts of interest that may arise and includes dispute resolution provisions to ensure a fair and orderly resolution process.
Importantly, this legal template aims to protect the interests of both the university and the shareholders, providing a comprehensive framework that promotes transparency, accountability, and a clear understanding of the obligations and rights of all parties involved.
It is crucial for universities engaged in spin-out activities to have a well-drafted legal agreement in place to facilitate the smooth operation of their ventures, attract investors, and safeguard their valuable intellectual property. This template offers a valuable tool for universities looking to commercialize their research and technology while mitigating potential legal risks.
This agreement governs the relationship between the university and its spin-out company, as well as the shareholders involved in this venture. It sets out the terms and conditions regarding the issuance and subscription of shares, the rights and obligations of the shareholders, and the overall governance structure of the spin-out company.
The template covers various essential aspects, such as the initial funding arrangements, the intellectual property rights transfer from the university to the spin-out, confidentiality provisions, restrictions on competition, and the allocation of voting rights and decision-making powers among the shareholders.
Additionally, the agreement outlines the mechanisms for share transfers and the potential scenarios for exit, including acquisition or initial public offering. It also addresses the potential conflicts of interest that may arise and includes dispute resolution provisions to ensure a fair and orderly resolution process.
Importantly, this legal template aims to protect the interests of both the university and the shareholders, providing a comprehensive framework that promotes transparency, accountability, and a clear understanding of the obligations and rights of all parties involved.
It is crucial for universities engaged in spin-out activities to have a well-drafted legal agreement in place to facilitate the smooth operation of their ventures, attract investors, and safeguard their valuable intellectual property. This template offers a valuable tool for universities looking to commercialize their research and technology while mitigating potential legal risks.
How it works
Create doc / use template
Chat to our AI Legal Assistant
Edit, collaborate & share
Export to .docx
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Standard Rent Review Notice (Office)
The Standard Rent Review Notice (Office) under UK law is a legal template designed to outline the necessary steps for rent review in commercial office spaces. This template informs both the landlord and the tenant that a rent review is taking place and provides a standardized format to initiate the process in accordance with UK legislation.
The purpose of this template is to ensure transparency and fairness in rent adjustments, allowing both parties to negotiate and potentially update rental terms based on market conditions, property improvements, or other relevant factors. It seeks to uphold the rights and protect the interests of both the landlord and the tenant, preventing arbitrary, unjustified, or excessively high rental increases.
The Rent Review Notice includes crucial details, such as the landlord's and tenant's contact information, lease details, the commencement date of the lease, the current rent amount, and the specific provisions governing rent review stated in the original lease agreement. Additionally, it may detail the procedure for determining the new rental amount, timeframes for negotiation, and any prerequisites for initiating the review process.
This legal template serves as a vital tool for landlords and tenants to comply with UK law and ensure proper documentation throughout the rent review process. As rent reviews can significantly impact the financial aspects of commercial office tenancies, utilizing this template ensures that both parties are aware of their obligations and rights during this critical stage of the agreement.
The purpose of this template is to ensure transparency and fairness in rent adjustments, allowing both parties to negotiate and potentially update rental terms based on market conditions, property improvements, or other relevant factors. It seeks to uphold the rights and protect the interests of both the landlord and the tenant, preventing arbitrary, unjustified, or excessively high rental increases.
The Rent Review Notice includes crucial details, such as the landlord's and tenant's contact information, lease details, the commencement date of the lease, the current rent amount, and the specific provisions governing rent review stated in the original lease agreement. Additionally, it may detail the procedure for determining the new rental amount, timeframes for negotiation, and any prerequisites for initiating the review process.
This legal template serves as a vital tool for landlords and tenants to comply with UK law and ensure proper documentation throughout the rent review process. As rent reviews can significantly impact the financial aspects of commercial office tenancies, utilizing this template ensures that both parties are aware of their obligations and rights during this critical stage of the agreement.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
4
RATINGS
3
DISCUSSIONS
0
Standard Website Privacy Notice (Inc. App and Communications)
The Standard Website Privacy Notice (Inc. App and Communications) template under UK law is a legal document designed to help website owners and operators comply with the data protection and privacy laws in the United Kingdom. This template sets out the necessary information that must be provided to website users regarding the collection, processing, and sharing of their personal data.
The template covers not only websites but also mobile applications (apps) and various communication channels, ensuring that all digital platforms are appropriately covered. It outlines the data controller's identity, contact details, and legal obligations, such as the lawful basis for processing personal data.
Moreover, this template provides a comprehensive description of the types of personal data collected, the purposes for which such data is processed, and the retention periods. It also includes information on the rights that users have over their personal data and details on how to exercise those rights. Additionally, it outlines the security measures in place to protect the data and the procedures for reporting data breaches.
The Standard Website Privacy Notice template ensures that individuals are informed about how their personal data is handled and how their privacy is respected when using the website, mobile app, or any communication channels associated with the organization. It aims to establish transparency and trust between the data controller and the users, while also assisting the data controller in complying with the UK data protection regulations.
The template covers not only websites but also mobile applications (apps) and various communication channels, ensuring that all digital platforms are appropriately covered. It outlines the data controller's identity, contact details, and legal obligations, such as the lawful basis for processing personal data.
Moreover, this template provides a comprehensive description of the types of personal data collected, the purposes for which such data is processed, and the retention periods. It also includes information on the rights that users have over their personal data and details on how to exercise those rights. Additionally, it outlines the security measures in place to protect the data and the procedures for reporting data breaches.
The Standard Website Privacy Notice template ensures that individuals are informed about how their personal data is handled and how their privacy is respected when using the website, mobile app, or any communication channels associated with the organization. It aims to establish transparency and trust between the data controller and the users, while also assisting the data controller in complying with the UK data protection regulations.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
1
RATINGS
0
DISCUSSIONS
0
Standard Supplemental Legal Mortgage Between Corporate Borrower And Single Lender (England And Wales Property)
This legal template is designed to facilitate the creation of a standard supplemental legal mortgage agreement between a corporate borrower and a single lender. The agreement is specifically suited for properties in England and Wales, and is governed by the laws of the United Kingdom.
A supplemental legal mortgage serves as an addendum to an existing mortgage contract and provides additional terms, conditions, or amendments that both parties agree upon. This template aims to streamline the process of creating such a supplemental agreement, ensuring clarity and compliance with relevant legal requirements in England and Wales.
The agreement addresses the specific roles and responsibilities of the corporate borrower and the lender, including provisions related to the repayment of the loan, interest rates, and other financial terms. It may also cover details about the property being mortgaged, such as its description, boundaries, and any relevant documentation or legal prerequisites.
Additionally, the template may include clauses pertaining to insurance requirements, rights of the lender in case of default, and any arrangement for additional security or guarantees from the borrower or third parties. The agreement is intended to provide a comprehensive legal framework for the mortgage transaction between the corporate borrower and the single lender, ensuring their mutual interests and legal rights are protected.
A supplemental legal mortgage serves as an addendum to an existing mortgage contract and provides additional terms, conditions, or amendments that both parties agree upon. This template aims to streamline the process of creating such a supplemental agreement, ensuring clarity and compliance with relevant legal requirements in England and Wales.
The agreement addresses the specific roles and responsibilities of the corporate borrower and the lender, including provisions related to the repayment of the loan, interest rates, and other financial terms. It may also cover details about the property being mortgaged, such as its description, boundaries, and any relevant documentation or legal prerequisites.
Additionally, the template may include clauses pertaining to insurance requirements, rights of the lender in case of default, and any arrangement for additional security or guarantees from the borrower or third parties. The agreement is intended to provide a comprehensive legal framework for the mortgage transaction between the corporate borrower and the single lender, ensuring their mutual interests and legal rights are protected.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
1
RATINGS
0
DISCUSSIONS
2
