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Venture Partner Agreement Template for Malaysia

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Key Requirements PROMPT example:

Venture Partner Agreement

"I need a Venture Partner Agreement for engaging a senior technology executive who will join our Malaysian VC firm part-time starting March 2025, focusing on AI and robotics investments with a 2% carried interest and deal sourcing responsibilities."

Document background
The Venture Partner Agreement serves as the foundational document for establishing and managing the relationship between venture capital firms and experienced professionals who join as venture partners in Malaysia. This document is essential when engaging senior industry experts or investment professionals who will contribute to deal sourcing, due diligence, and portfolio company management on a part-time or flexible basis. The agreement must comply with Malaysian corporate and securities laws, including the Partnership Act 1961 and Capital Markets and Services Act 2007. It typically covers crucial aspects such as compensation structure, investment responsibilities, governance rights, and confidentiality obligations. The document is particularly important for venture capital firms looking to expand their expertise and network while maintaining operational flexibility and clear alignment of interests.
Suggested Sections

1. Parties: Identification of the contracting parties - the venture firm and the venture partner

2. Background: Context of the agreement, including the venture firm's business and the purpose of engaging the venture partner

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and scope of venture partner's role and responsibilities

5. Term and Commitment: Duration of the agreement and time commitment requirements

6. Compensation Structure: Base compensation, carried interest, and other financial terms

7. Investment Process: Deal sourcing, evaluation, and investment decision-making procedures

8. Representations and Warranties: Standard representations from both parties regarding capacity, authority, and compliance

9. Confidentiality: Protection of confidential information and trade secrets

10. Intellectual Property: Ownership and rights related to IP developed during the partnership

11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/investors

12. Termination: Grounds and process for termination of the agreement

13. Post-Termination Obligations: Continuing obligations after the agreement ends

14. General Provisions: Standard boilerplate clauses including governing law, notices, and amendments

Optional Sections

1. Co-Investment Rights: Terms allowing the venture partner to co-invest in deals - included when co-investment is permitted

2. Portfolio Company Board Seats: Process for allocation and management of board seats - included when partner may serve on portfolio company boards

3. International Operations: Provisions for cross-border activities - included when operating across multiple jurisdictions

4. Key Person Insurance: Requirements for life/disability insurance - included for senior partners or key individuals

5. Succession Planning: Procedures for succession - included for senior partners or long-term agreements

6. Limited Partner Relationship: Guidelines for LP interactions - included when partner has direct LP contact

7. Team Management: Responsibilities for managing other team members - included when partner has management duties

Suggested Schedules

1. Schedule 1: Compensation Details: Detailed breakdown of compensation structure, carried interest calculations, and vesting schedules

2. Schedule 2: Investment Focus: Specific investment criteria, sectors, and geographic focus

3. Schedule 3: Key Performance Indicators: Metrics and targets for evaluating venture partner performance

4. Schedule 4: Approved External Activities: List of pre-approved external business activities or board positions

5. Schedule 5: Expense Policy: Guidelines for reimbursable expenses and approval processes

6. Appendix A: Power of Attorney: Standard form of power of attorney for deal execution if applicable

7. Appendix B: Compliance Manual: Firm's compliance policies and procedures

8. Appendix C: Standard Deal Documentation: Templates for investment memorandums and other standard deal documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



































Clauses



































Relevant Industries

Technology

Financial Services

Healthcare

E-commerce

Biotechnology

Clean Technology

Software

Consumer Internet

Digital Media

Fintech

Enterprise Software

Artificial Intelligence

Telecommunications

Manufacturing

Sustainable Energy

Relevant Teams

Legal

Investment

Operations

Compliance

Finance

Portfolio Management

Deal Execution

Risk Management

Business Development

Investment Committee

Relevant Roles

Managing Partner

General Partner

Venture Partner

Investment Director

Chief Investment Officer

Portfolio Manager

Investment Committee Member

Deal Partner

Operating Partner

Senior Advisor

Investment Principal

Fund Manager

Chief Executive Officer

Legal Counsel

Compliance Officer

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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