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Company Shareholder Agreement
"I need a Company Shareholder Agreement for my Indonesian tech startup with three local co-founders, where we'll each initially hold equal shares (33.33% each), with provisions for future funding rounds and employee stock options to be implemented by March 2025."
1. Parties: Identification of all shareholders and the company as parties to the agreement
2. Background: Context of the agreement, including company information and purpose of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Share Capital and Shareholding Structure: Details of the company's share capital, classes of shares, and current shareholding structure
5. Shareholders' Rights and Obligations: Core rights and obligations of shareholders, including voting rights and capital contribution requirements
6. Board Composition and Management: Structure and appointment of board of directors and commissioners, management rights
7. Shareholder Meetings: Procedures for conducting shareholder meetings, voting mechanisms, and quorum requirements
8. Transfer of Shares: Basic rules and restrictions regarding the transfer of shares, including right of first refusal
9. Dividend Policy: Framework for dividend declarations and distributions
10. Confidentiality: Obligations regarding company and shareholder confidential information
11. Dispute Resolution: Procedures for resolving disputes between shareholders
12. Term and Termination: Duration of the agreement and circumstances for termination
13. Governing Law: Specification of Indonesian law as governing law and relevant jurisdiction
14. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Tag-Along and Drag-Along Rights: Rights of minority shareholders to join in sale of shares (tag-along) or be forced to sell (drag-along) - used when there are minority shareholders
2. Anti-Dilution Protection: Provisions protecting shareholders from dilution in case of new share issuances - important for minority shareholders
3. Preemptive Rights: Right of existing shareholders to maintain their percentage ownership by purchasing new shares - used when future capital raises are anticipated
4. Dead-Lock Resolution: Specific procedures for resolving board or shareholder deadlocks - important for 50/50 joint ventures
5. Put and Call Options: Rights to force purchase or sale of shares under specific circumstances - used for exit planning
6. Non-Compete and Non-Solicitation: Restrictions on competitive activities and employee solicitation - important for operational businesses
7. Intellectual Property Rights: Provisions regarding ownership and use of IP - important for technology companies
8. Foreign Investment Provisions: Special provisions required for foreign shareholders - used when foreign investment is involved
1. Schedule 1 - Share Capital Details: Detailed breakdown of share capital, including share numbers, classes, and values
2. Schedule 2 - Shareholder Information: Complete details of all shareholders including contact information and shareholding
3. Schedule 3 - Reserved Matters: List of decisions requiring special majority or unanimous approval
4. Schedule 4 - Board Charter: Detailed procedures for board operations and decision-making
5. Schedule 5 - Business Plan: Initial business plan and procedures for future updates
6. Schedule 6 - Deed of Adherence: Template for new shareholders to join the agreement
7. Schedule 7 - Company Valuation Methodology: Agreed methods for valuing shares for transfers or exits
8. Appendix A - Company Articles of Association: Copy of the company's current articles of association
Authors
Manufacturing
Technology
Financial Services
Real Estate
Mining
Agriculture
Retail
Healthcare
Education
Transportation
Energy
Telecommunications
Construction
Professional Services
Tourism
Media and Entertainment
Legal
Corporate Secretariat
Board of Directors
Board of Commissioners
Compliance
Finance
Corporate Governance
Risk Management
Investor Relations
Corporate Affairs
Business Development
Chief Executive Officer
Managing Director
Corporate Secretary
Legal Counsel
Chief Financial Officer
Board Director
Commissioner
Compliance Officer
Investment Manager
Corporate Governance Officer
Shareholder Relations Manager
Business Development Director
Company Director
General Counsel
Risk Management Officer
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