Article Of Association Form Template for South Africa

1. Pre-emptive Rights: Used when shareholders should have first right to purchase shares before they're offered to outside parties

2. Tag-Along and Drag-Along Rights: Include for private companies where minority shareholder protection or majority shareholder exit rights are important

3. Electronic Communication: Include for companies wanting to explicitly allow virtual meetings and electronic communications

4. Alternate Directors: Include if the company wants to allow directors to appoint alternates

5. Committees: Include for larger companies requiring specific committees (audit, risk, remuneration etc.)

6. B-BBEE Provisions: Include specific provisions for companies requiring B-BBEE compliance

7. Preference Shares: Include if the company will issue different classes of shares with preferential rights

8. Executive Directors: Include specific provisions for companies with executive directors

1. Share Capital Structure: Detailed breakdown of share classes, numbers, and rights attached

2. Shareholders Agreement Cross-Reference: Reference to key provisions of the Shareholders Agreement that interact with the Articles

3. Meeting Procedures: Detailed procedures for conducting various types of meetings

4. Directors' Powers and Reserved Matters: Specific matters requiring special approval and detailed scope of directors' powers

5. Professional Board Committees Terms of Reference: Detailed terms of reference for various board committees

6. Share Transfer Procedures: Detailed procedures and forms for share transfers

7. Proxy Forms: Standard forms for appointing proxies for meetings