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Company Ownership Agreement
"I need a Company Ownership Agreement for a German GmbH tech startup with three founding shareholders, including provisions for future venture capital investment and employee stock options, to be implemented by March 2025."
1. Parties: Identification of all shareholders/owners and the company itself with full legal details
2. Background: Context of the agreement, including company history and purpose of the agreement
3. Definitions and Interpretation: Definitions of key terms and interpretation rules following German legal standards
4. Company Name and Purpose: Official company name and business purpose (Unternehmensgegenstand) as required by German law
5. Share Capital and Contributions: Details of share capital, shareholdings, and contribution requirements
6. Share Transfer Restrictions: Rules and procedures for transferring shares, including pre-emption rights
7. Management and Representation: Management structure, appointment of managing directors (³Ò±ð²õ³¦³óä´Ú³Ù²õ´Úü³ó°ù±ð°ù), and representation powers
8. Shareholders' Meetings: Procedures for convening and conducting shareholders' meetings, voting rights and majorities
9. Profit Distribution and Reserves: Rules for profit distribution, dividend policy, and creation of reserves
10. Information and Reporting Rights: Shareholders' rights to company information and financial reports
11. Non-Competition and Confidentiality: Obligations regarding competition restrictions and confidential information
12. Term and Termination: Duration of the agreement and termination provisions
13. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes
1. Tag-Along and Drag-Along Rights: Include for companies with multiple shareholders to facilitate exit scenarios
2. Put and Call Options: Include when specific share purchase rights are desired for certain situations
3. Dead-Lock Resolution: Important for 50/50 ownership structures to resolve management deadlocks
4. Supervisory Board: Required for AGs and optional for GmbHs above certain sizes
5. Intellectual Property Rights: Include when IP is a significant company asset
6. Employment Obligations: Include when shareholders have specific employment requirements in the company
7. Additional Financing Obligations: Include when future capital requirements are anticipated
8. Succession Planning: Include for family businesses or when specific inheritance rules are needed
1. Initial Shareholdings: Detailed breakdown of initial share ownership and capital contributions
2. Articles of Association: Full company Articles of Association (Satzung)
3. Business Plan: Initial business plan and financial projections
4. Shareholder Loans: Details of any existing shareholder loans and their terms
5. Key Assets: List of key company assets and their ownership status
6. Intellectual Property Register: List of company IP rights and registrations
7. Management Structure: Detailed management organization chart and responsibilities
8. Sample Share Transfer Forms: Template documents for share transfers under German law
Authors
Technology
Manufacturing
Professional Services
Retail
Healthcare
Real Estate
Financial Services
Energy
Transportation
Construction
Media and Entertainment
Agriculture
Education
Hospitality
E-commerce
Biotechnology
Software Development
Consulting
Legal
Corporate Affairs
Finance
Executive Leadership
Compliance
Corporate Governance
Investor Relations
Mergers & Acquisitions
Business Development
Risk Management
Board Secretariat
Strategic Planning
Chief Executive Officer
Managing Director
Corporate Lawyer
Legal Counsel
Company Secretary
Chief Financial Officer
Business Development Director
Investment Manager
Compliance Officer
Board Member
Shareholder Relations Manager
Corporate Governance Officer
Private Equity Manager
Venture Capital Director
Head of Mergers & Acquisitions
General Counsel
Finance Director
Company Founder
Executive Director
Chief Legal Officer
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