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Bylaws Operating Agreement
"Need a Bylaws Operating Agreement for a new Singapore technology startup with tHRee founding shareholders, incorporating specific provisions for future funding rounds and share dilution protection expected by March 2025."
1. Article 1: General Provisions: Company name, registered office, purpose, and duration
2. Article 2: Definitions and Interpretation: Key terms and their meanings used tHRoughout the document
3. Article 3: Members/Shareholders: Rights, obligations, and classes of shareholders/members
4. Article 4: Share Capital: Capital structure, share classes, and issuance procedures
5. Article 5: Management Structure: Board composition, appointment/removal of directors, powers
6. Article 6: Meetings: Procedures for board and shareholder meetings
7. Article 7: Decision Making: Voting rights, quorum requirements, resolutions
1. Article 8: Share Transfer Restrictions: Special provisions controlling the transfer of shares between members and to third parties
2. Article 9: Tag-Along/Drag-Along Rights: Special rights for minority/majority shareholders in case of company sale or transfer
3. Article 10: Dividend Policy: Specific rules and procedures for dividend distributions and profit sharing
1. Schedule 1: Initial Members/Shareholders: List of founding members with their respective shareholdings
2. Schedule 2: Share Capital Structure: Detailed breakdown of share classes and associated rights
3. Schedule 3: Board Composition: Initial directors and their designated roles
4. Schedule 4: Reserved Matters: List of decisions requiring special approval or supermajority vote
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