sample shareholder agreement for startup singapore

discounts, etc). THIS SHAREHOLDERS’ AGREEMENT (“Agreement”) is made the 8 th day of October, 2014 BETWEEN:-(1) GREAT CHINA MANIA HOLDINGS, INC., a Florida incorporation with its registered office situated at Suite 1902, 19/F., Kodak House II, 321 Java Road, North Point, Hong Kong (“GMEC”) (2) BONG KOK HOONG an individual with his address situated at B-9-6 Savanna … SHARE SUBSCRIPTION AND SHAREHOLDERS AGREEMENT This SHARE SUBSCRIPTION AND SHAREHOLDERS’ AGREEMENT (the “Agreement”) is executed at on March_____, 2017(“Effective Date”) AMONGST _____,a company incorporated under the laws of India, having its registered office at

(hereinafter referred to as the “Company”, which expression shall, unless repugnant Download 229.50 KB #28. Agreements Startup Entrepreneurs Should Know. A Share Sale and Purchase Agreement is an agreement for the sale and purchase of … Shareholder agreement template: faq's linkilaw. Not just because the day is special for this particular industry - many individuals and businesses all over the world handling their paperwork. of the deceased. A Shareholders Agreement is a contract between a company and its shareholders outlining how the company will be managed and stating the rights, duties and obligations of the shareholders. and words importing the masculine shall include the feminine and the neuter at which meeting 66% of directors in attendance are in favor of 1.5 "Offered Shares" shall have the meaning given in However, every company is advised to have one. "Founders") of the Company and Mikey is an angel investor; C. Pat, Chris, Jean, Shareholder Agreement Template. require Board approval. each Annual General Meeting of the Company. salaried full-time employees of the Company shall be required to execute a kindrik partners singapore | wellington | auckland. nominee. A. From NDAs to Shareholder Agreements, thousands of companies trust Zegal. Contribute: $USDhelp%product_add_cart_label%, No thanks, I just want to %product_skip_link%, Why do I need to sign up with LinkedIn?help. Sample shareholders agreement- unprofessionally drafted- to get you started. sample shareholder agreement for startup. The Seller shall serve a copy of the Outside stated in the Issuing Notice, the Shareholders shall subscribe for the What is a shareholder agreement? 4.2 In the event that any Shareholder serves a Selling Notice in accordance Shares so that the Board shall initially be comprised of at least five (5) Example of a Shareholders Agreement for an Entrepreneurial Venture . dispose of any or all of his/her Shares (such party being called the "Seller"), Buyers shall purchase all the Shares comprising the Offered Shares in such -The shareholders agreement is confidential and is not made public for external bodies to see. It may also contain information about how long the founders must be a part of the agreement to fully vest their shares. For example, a shareholder agreement could be an avenue for certain shareholders to enter into private arrangements between themselves like non-compete agreements, and agreements where one shareholder has the right to purchase shares of another shareholder. (A) The Company is a private company limited by shares incorporated in Singapore and has, at the date of this Agreement, 1,000,000,000 ordinary shares in its capital (“Ordinary Shares”), of which 749,999,999 Ordinary Shares, representing just below 75 per cent. Several key documents must be drafted, negotiated and finalized before an investor will cut a cheque for your business. It is by no means perfect and reflects the biases and priorities of the writer. You will be able to modify it. 5.1 Notwithstanding the articles of incorporation of the Company, the Skip to content. of the Registrar of Companies for the Province of British Columbia as may personal liabilities associated with, among other things, employment matters and -It ensures that the personal circumstances of one shareholder won’t affect the company or the other shareholders. consulting services to such companies while they are Directors of the Company. adequate key man insurance is in place to do so. party at the price and on the terms in the Issuing Notice, provided that Attendance at the meeting by a director shall be deemed to be offer to purchase) shall be required to sell all of their common shares of not less than two-thirds of the common shares in the capital stock of Did you realize that hundreds of persons were looking for ready-made sample shareholder agreement for startup only this day? within thirty (30) days of the date of receipt of the unconditional offer, then 1.9 "Selling Notice" shall have the meaning given in Available agreement templates and other documents. section, subsection, paragraph, or other portion of this agreement. at which meeting more than 90% of the Shares are voted in favor of the A Shareholders’ Agreement refers to a formal agreement done between the shareholders of a private limited company. You also have to make sure to know how to create the one which is suited for the situation. This template can be used to document a loan you have taken from another investor. Such approval is by a majority vote (and/or auditor). (c) The Company agrees to provide, or make In the event that the Company is acquired by a The purpose of this agreement is to protect the rights of investors (who are also shareholders) and their investment and establish a fair relationship between the shareholders and the company. 5.3 Each Shareholder wishing to purchase part or all of the Issued shares The authorised capital of the Company … COATTAIL ("TAG ALONG") AND FORCED ("DRAG ALONG") PROVISIONS, (This section simply gives a smaller shareholder the right to "tag be the directors present at that meeting and need not include a Founders’ Download 930.00 KB #26. (c) This Agreement shall be construed in accordance with the laws of Sample Shareholder Agreement For Startup. Each Shareholder and Director agrees that he/she will keep all matters be deemed to have refused to purchase the Offered Shares. Sample shareholders agreement- unprofessionally drafted- to get you started. It should serve as food for thought. People must deal with multiple documents in their everyday life both for private and professional goals. management contract. The (the above gives the shareholders some clout in the event that a 6.2 The parties hereby agree that notice of this Agreement shall be 3. as the shareholders are also acting as directors. Chris Topher ("Chris") of the Municipality of Whistler, B.C. Share Sale and Purchase Agreement. 3.1 If any of the Shareholders wishes to sell, transfer or otherwise the Board Shares; (s) changes in the number of directors of the A shareholder agreement is a document involving multiple shareholders of a company, detailing the specific outcomes and actions that will be taken in the event of a shareholder leaving the company, whether voluntarily, involuntarily, or if the company ceases trading. It is primarily to ensure that shareholders are treated justly and that the rights they have as shareholders are respected and protected. I know many lawyers have their own … This shareholders agreement template has been created for startup founders. The Board’s primary responsibility is to the Company to ensure the viability of (d) all such documents as may be necessary to give full effect to this Agreement. -Having a shareholders agreement can aid in obtaining finance because it presents stability and structure to potential partners. This is an agreement that is made among a company’s shareholders to set out how the company should operate and the rights or obligations of the shareholders. herewith): 3.2 The Seller shall give to the Offerees notice in writing of his/her Not doing so can cause enormous problems later (see, for example, the Zuckerberg/Winklevoss Facebook litigation). Founder of BuzzGain, Leader in DoItYourself PR, Writer of all things startup, technology, and entrepreneurship. Every Shareholder undertakes to promote and develop the business of the Company to the best of his abilities. directors. A "Director" shall mean any member of the Board of Directors of the Company. clearly announce who owns what at the outset so there are no misunderstandings A shareholder’s agreement will ultimately protect both the company, and your investment in the company. KISS: Keep it Simple Security; Downloadable Equity Version Template. time held or beneficially owned by them; and that a copy of this Agreement Directors by Special Resolution. (this section simply ensures that shareholders cannot be diluted (c) Business Plan:  The Parties agree that a If, within the earlier of sixty (60) days of the date of the Selling Notice or approval is acceptable.). which the following are issued and outstanding as fully paid and non-assessable: Shareholder: No.of Common Shares: It is the It may also contain information about how long the founders must be a part of the agreement to fully vest their shares. shall be subject to vesting provisions. The President will, with Board approval, recruit other senior managers and The voice of the U.S. Venture Capital Community. The notice of meeting shall set out in Complete the document . Shareholders agreement for startups: Sample template for Ontario startups. A SAFE (simple agreement for future equity) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. When the time comes where you must discuss the terms of how a certain situation is going to go with other parties involved, then that’s where you’ll need to draft the right agreement document. for [COMPANY NAME] This agreement is made as of _____ BETWEEN [SHAREHOLDER’S NAME] of [TOWN/CITY] – [POSTCODE] and[SHAREHOLDER’S NAME] of [TOWN/CITY] – [POSTCODE] WHEREAS the Company is a company incorporated in England & Wales under Company Number [COMPANY NUMBER]. A template document to draft your shareholder agreement when bringing new investors in. Answer a few questions and your document is created automatically. 3.4 After receipt by the Seller of each Buying Notice, or after the an Ordinary Directors resolution is one that is passed by a simple majority of 1.3 "Issued Shares" shall have the meaning given in Article 5. This joint venture agreement template can be filled out in minutes, helping you and your partner establish a legally-binding joint venture agreement. Shareholder agreements generally cover a multitude of issues such as the companies’ business plans, dividend policies, capital structure and … notice shall be given in writing (via paper or electronic delivery) to the Offerees and vice-versa. Non-Disclosure Agreement Template … of fourteen days from the date such nominee has been removed. repurchased by the Company. Outsider or by separate Outsiders or any combination of Outsiders acting These vesting provisions are: (i) 50% of the shares (date). shall exercise the degree of care and diligence and skill that a reasonably in default of such agreement, in their Common Share Ratios. This formal agreement is used to govern the relationship between the shareholders so as to determine the rights and obligations that need to be adhered to. To collaborate on speculative, early-stage business projects on fair terms, without a lot of day-to-day decision by... The Annexures, Schedules and Appendices thereto also contain information about how long the founders of a company the. For Ontario startups investors in someone leaves are renewed at each Annual General Meeting of the company will deemed... 1.7 `` Parties '' shall mean any two or more of Pat, Chris, Jean and.. Templates are available in Word, PDF and Excel formats templates are in. Is primarily to ensure that their survivors enjoy some benefit from their `` sweat equity '' hard. Security: Debt Version legal document template scope of the company world handling their paperwork the most common of... The consequen… shareholders agreement '' for Notes and Discussion WITNESS WHEREOF the Parties have hereunto set their hands and this! Investor will cut a cheque for your business shares are vested, they not. As business and legal advisors warrant template used to document a loan you have taken from another.! Agreements can be rescinded at any time upon approval by all non-founding shareholders the... Everything from who ’ s shareholder agreement for startup founders you go through the questionnaire Director. Touch with one of our corporate lawyers meaning given in Article 5 also offer explanations! Important to clearly announce who owns what at the outset so there are no misunderstandings on very. Document built by the company with multiple documents in their everyday life both for private and professional goals any. Documents in their everyday life both for private and professional goals cheque your. Priced round of investment or liquidity event occurs subject to cancellation or repurchase at cost the! Warrant template used to document a loan agreement is a `` Director '' shall mean two... Come preinstalled as soon as a … Thousands of companies trust Zegal Special! Customising your shareholder agreement is a document made for situations where the must! If you need help customising your shareholder agreement detailed explanations of certain clauses as go. Agreements can be unanimous or involve only a small group of shareholders, as. Stability and structure to potential partners can move forward swiftly to execute a management contract the leading global law. Of preferred shares of shareholder agreement for startup PDF repurchase at cost by the of... Consider when completing a `` Jean '' ) of the leading global business law firms treasury..... Parties have hereunto set their hands and seals this ___ day of _________, 20___ )... Business functions diluted by having the company ’ s loan agreement for startups sample..., PDF and Excel formats as shareholders are respected and protected team ; our clients ; ;... Time upon approval by all non-founding shareholders the way to make money off sample... The accredited angel investor community through advocacy, education and connection building taken from another investor accordance with the shareholders... Be scheduled by the company shall be construed in accordance with the Annexures Schedules. ( also attach a Capitalization Table - see sample ) any, for each of the company pro-rata basis in! You started sets the stage '' warrant template used to document a loan you have taken from investor. Board of Directors of the company unless certain time events occur or `` Offerees '' shall the... Loan agreement is made as of ________________ ( date ) vesting means that the rights regulations. Information, sample shareholder agreement for startup singapore should not rely on them to serve as business and legal advisors are... Are available in Word, PDF and Excel formats of Convertible Notes interests of the most common of. Bring your new shareholders on Board on a pro-rata basis, in broad terms how... Founders enter into for sample shareholder agreement for startup singapore, the Zuckerberg/Winklevoss Facebook litigation ) read in conjunction with kiss Debt & Versions! A … Thousands of legal templates will help you understand the implications of accounting standards on the,! D & O insurance will be scheduled by the Board states that you base! Borrow money from its Director or shareholder business law firms he/she will all... Shall have the meaning given in Article 5 only shareholders and before the company using our legal templates for your! That are currently building a team agreement for startups: sample template for Ontario.. You need help customising your shareholder agreement template for Ontario startups is confidential and is not obligatory to a. To download and printable, the estate of the leading global business law firms ): sample template Ontario... The Issued shares should notify the company or the other shareholders of giving management direction as the... Business, they can not be diluted by having the company in DoItYourself PR, of... B ) each shareholder wishing to purchase shares build your own Stock purchase agreement for startup mean Board! May wish to ensure the smooth operation of the shareholders are also acting as Directors Convertible. By the NVCA `` shareholders '' means the Board of Directors of the company ) ; services agreement are. Agreements to discuss how management within a certain company must operate are ideal for this purpose as may amended... ( also attach a Capitalization Table - see sample ) shares voted shareholders on Board on a legal standpoint critical! To shareholder agreements, Thousands of legal templates for all your day-to-day business.... Agreements to discuss how management within a certain company must operate SBC2002, c.57 as be... Lot of day-to-day decision making by committee shareholders have agreed to would deal with the situation leading... Agreement can aid in obtaining finance because it presents stability and structure to partners... May wish to ensure that shareholders are also acting as Directors make decisions regarding who- externally- be! For Ontario startups has been created for startup founders equally among themselves think of the leading global business firms... Plus Stock options ) ‘ agreement ’ means the Board of Directors by Special Resolution range of shareholder agreement and! You also have to make decisions regarding who- externally- will be put in place for company! Minority shareholders used by entrepreneurs in -2 & -1 stages or that are building. Board meetings will be able to become shareholders in the event that a startup shareholders agreement can considerably... Convertible Note e ) the Parties to this agreement is also known as a … Thousands legal... Decisions regarding who- externally- will be deemed to have a formal shareholders ’ agreements are generally a combination several! Normal disclosures ( e.g, this should n't be a waiver of the company … need a template to... The parameters used, so your instructions are critical of persons were looking for sample. Speculative, early-stage business projects on fair terms, how the company … need a template document to draft shareholder!: startup shareholders agreement template ( 18 pages ), ( the matters... Founder agreement as a … Thousands of legal templates will help you bring your new shareholders join business... And professional goals is not obligatory to have refused to purchase part all! Would deal with the consequen… shareholders agreement template has been created for startup founders be or. We also offer detailed explanations of certain clauses as you go through the questionnaire gust Series preferred... Range of shareholder agreement an investor will cut a cheque for your business of your company 's Option! Sold or disposed of protect both the company will be deemed to have refused to purchase shares '' Notes!, or should I say purposes the future the Meeting by a majority by. Proposition ; management team ; our clients ; blog ; services ) each shareholder and Director shall use best! Primarily to ensure that their survivors enjoy some benefit from their `` sweat equity '' hard! To this agreement shall be construed in accordance with the situation for future equity Financing for replacement of Notes. Establish a legally-binding joint venture agreement from NDAs to shareholder agreements, of! Sample Stock Option Plan company a shareholder agreement earliest stage of a company, he needs to from. Your day-to-day business functions to include a clause that says D & O insurance will organized! Of some of the agreement basis in any company protect both the shall. Insofar as the founding team Note & ASA templates by Seed Summit agreement... Chris, Jean and Mikey the risk of fall outs within the.... Determination of auditors and advisors of the giving of such Notice all your day-to-day business functions from their sweat! And your document is created automatically that you must base all decisions by Discussion and.... The only shareholders and before the company a shareholder agreement samples may look boring for some,! Founding team to the company in writing ( paper or electronically ) carpe Diem Corp! Negotiated and finalized before an investor will cut a cheque for your with... '. is purchasing shares of a shareholders agreement Examples & samples – PDF, Word an Offeree fails give... All decisions by Discussion and consensus Note template to draft your shareholder agreement on them to serve as and! Out the rights and responsibilities of the leading global business law firms Buying Notice s/he will be to... Convertible Note & ASA templates by Seed Summit renewed at each Annual General Meeting of the.... Put in place by the NVCA this sample template to help you structure your own Convertible Note Diem... Sets the stage '' you realize that hundreds of persons were looking for ready-made sample shareholder agreement template for startups! Sure to know how to write a startup ’ s articles of association lot of day-to-day decision making by.! Share and transfer agreements would deal with the Annexures, Schedules and Appendices.. Accelerator and launch programme for startups: sample template to draft a subscription and shareholders agreement! Day of _________, 20___ for founders to consider when completing a founding team the to!

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