Below you'll find a list of all posts that have been categorized as “Legal Documents”
When entering the business world it is important that you are aware of the different business agreements that are needed in order to run your company. You don’t have to be a legal expert, however, you do need to have a basic understanding of how the law works in relation to your business. A lot of jurisdictions around the world …
Whether you’ve successfully scaled your business and have buyers knocking on your door or you’re looking to acquire a business yourself, you’re likely overlooking a key step in the negotiation process: Heads of Terms. What are Heads of Terms? Also known as Letters of Intent or Memoranda of Understanding, Heads of Terms set out the main points of a deal …
You often hear lawyers or other legal service providers warn against using templates for legal documents. You might think they’re just protecting themselves and their business by trying to scare customers away from the competition, but that really isn’t the case. There are a number of inherent risks in using templates for legal documents, so before you do, be sure …
If you’re a startup with two co-founders, you may be tempted to split your equity 50/50. In theory, this may seem like an easy and fair way to divide ownership. However, an equal equity split may lead to a number of future problems that you should consider before going this route. Although rarely discussed because it’s a sensitive matter, founder …
You are ready to launch your business but you don’t know which legal documents you need or how to get them. You want to be sure you have everything necessary to save you a world of hurt. Need a compliance checklist? Here it is! Which legal documents do you need? The Memorandum of Association – Articles of Association – Certificate …
Shares can be transferred at any time and you need to know how the situation will be handle. Here are the essential for those seeking legal answers on Share Transfer Agreement. How to Transfer A Share: A transfer of shares, also known as a stock transfer, is the process of changing ownership of shares from one shareholder to another in …
There are many different aspects of a Shareholders’ Agreement. This is to explain what Tag Along and Drag Along rights are. What are Tag Along and Drag Along Rights? A tag along provision also called ‘co-sale right’ is a clause that allows minor shareholders to ‘tag along’ with a larger shareholder or group of shareholders if they find a buyer …
Shareholders agreements: A shareholders agreement is a legally binding contract between the shareholders of a company. A shareholders agreement determines the shareholders’ rights, responsibilities, privileges and protections. It can be used to protect investments, it creates a secure relationship among shareholders and maps out the running of a company. With a shareholders agreement there is clarity and certainty as to …
In startups, co-founders often overlook the need for legal security in their company. Startups are especially vulnerable to legal matters relating to many different areas such as protecting their intellectual property, getting the right terms and conditions, and various forms of employment contracts. Often co-founders only feel the need to get their legal agreements later, once legal issues have already arisen. …
What is a Shareholder Agreement? A shareholders agreement should essentially be the cornerstone of any business venture between founders and partners. It is a legally binding document that sets out the structure of the company. A shareholders agreement can be among many people, not only the co-founders but anyone who has a potential interest in the company. The agreement should …
