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Articles Of Agreement LLC
"I need Articles of Agreement LLC for an Indonesian technology startup with three local founders and one foreign investor, planned to be established by March 2025, with specific provisions for intellectual property protection and future funding rounds."
1. Parties: Identifies the founding members/shareholders of the LLC, including their full legal names, addresses, and nationality
2. Background: States the intention to establish an LLC and brief context of the business venture
3. Definitions: Defines key terms used throughout the agreement
4. Company Name and Domicile: Specifies the approved company name and registered address
5. Purpose and Business Activities: Details the company's business objectives and permitted activities
6. Capital Structure: Specifies authorized, issued, and paid-up capital, and share distribution
7. Shares: Details share classifications, rights, and transfer restrictions
8. General Meeting of Shareholders: Procedures for conducting shareholder meetings and voting rights
9. Board of Directors: Composition, appointment, duties, and authorities of directors
10. Board of Commissioners: Composition, appointment, duties, and authorities of commissioners
11. Annual Reports and Profit Distribution: Requirements for financial reporting and dividend distribution
12. Dissolution and Liquidation: Procedures for company dissolution and asset distribution
13. Governing Law: Confirms Indonesian law as the governing law
14. Amendments: Procedures for modifying the articles of agreement
1. Foreign Investment Provisions: Required if there are foreign shareholders, detailing compliance with foreign investment regulations
2. Shareholder Loans: Include when shareholders plan to provide loans to the company
3. Intellectual Property Rights: Include when the company will own or license significant IP
4. Branch Offices: Include if the company plans to establish branch offices
5. Corporate Social Responsibility: Include if the company wants to formalize CSR commitments
6. Environmental Compliance: Required for businesses in environmentally sensitive sectors
7. Deadlock Resolution: Include when there are equal shareholdings to manage potential deadlocks
1. Schedule A - Shareholder Details: Complete information about shareholders including shareholding percentages
2. Schedule B - Capital Contribution Schedule: Timeline and details of capital injection commitments
3. Schedule C - Business Activities: Detailed list of KBLI (Indonesian Standard Industrial Classification) codes
4. Schedule D - Initial Board Members: Details of initial directors and commissioners
5. Schedule E - Share Certificate Template: Format and content of share certificates
6. Appendix 1 - Shareholder Approval Requirements: List of actions requiring shareholder approval
7. Appendix 2 - Corporate Structure Chart: Visual representation of ownership and management structure
Authors
Manufacturing
Technology
Retail
E-commerce
Financial Services
Agriculture
Mining
Construction
Healthcare
Education
Tourism
Transportation
Professional Services
Real Estate
Energy
Telecommunications
Legal
Corporate Secretariat
Compliance
Finance
Corporate Governance
Risk Management
Executive Leadership
Board of Directors
Investment
Business Development
Chief Executive Officer
Chief Legal Officer
Corporate Secretary
Legal Counsel
Chief Financial Officer
Company Director
Board Member
Commissioner
Compliance Officer
General Counsel
Investment Manager
Business Development Director
Corporate Governance Officer
Risk Management Officer
Company Secretary
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