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Company Articles Of Organization
"I need Articles of Organization for a new Irish technology startup that will be incorporated in March 2025, with provisions for multiple share classes and future investment rounds, including specific clauses for virtual board meetings and electronic communications."
1. Company Name and Type: Specification of the company name and type (e.g., private company limited by shares)
2. Registered Office: Statement of the company's registered office location in Ireland
3. Objects Clause: Statement of the company's main objects and purposes
4. Share Capital: Details of authorized share capital, classes of shares, and rights attached to shares
5. Members' Rights and Obligations: Core provisions regarding membership, share transfers, and voting rights
6. Directors and Secretary: Fundamental rules regarding appointment, removal, and powers of directors and company secretary
7. General Meetings: Rules for conducting general meetings, voting procedures, and resolutions
8. Company Seal: Provisions regarding the company seal and its use
9. Indemnity: Standard indemnification provisions for officers and directors
10. Winding Up: Basic provisions regarding company dissolution and distribution of assets
1. Pre-emption Rights: Detailed provisions for existing shareholders' rights to purchase new shares - include for companies wanting stronger transfer restrictions
2. Drag-Along and Tag-Along Rights: Special provisions for share sales - recommended for companies with multiple shareholders or potential future investment
3. Class Rights: Specific rights attached to different share classes - include when planning multiple share classes
4. Directors' Borrowing Powers: Specific limitations or expansions of directors' borrowing authority - include when specific borrowing controls are needed
5. Virtual Meetings: Provisions for electronic general meetings - recommended for modern companies
6. Alternate Directors: Provisions allowing directors to appoint alternates - useful for larger companies
7. Dividend Policy: Specific rules for dividend declarations - include when specific dividend restrictions are needed
1. Share Capital Structure: Detailed breakdown of share classes and rights
2. Directors' Powers: Comprehensive list of specific powers granted to directors
3. Meeting Procedures: Detailed procedures for different types of meetings
4. Share Transfer Regulations: Detailed procedures and forms for share transfers
5. Proxy Forms: Standard forms for proxy appointments
6. Reserved Matters: List of decisions requiring special approval processes
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