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Stock Distribution Agreement
"Need a Stock Distribution Agreement for our Singapore tech startup to distribute 100,000 shares among 5 key employees, with specific vesting schedules and transfer restrictions to ensure employee retention over 3 years starting January 2025."
1. Parties: Details of the distributing company and receiving parties
2. Background: Context and purpose of the stock distribution
3. Definitions: Key terms used tHRoughout the agreement
4. Stock Distribution Terms: Details of shares being distributed, including class and number
5. Transfer Restrictions: Limitations on future transfer of distributed shares
6. Representations and Warranties: Statements of fact by both parties
7. Governing Law: Specification of Singapore law as governing law
1. Tag-Along Rights: Rights of minority shareholders to join in sale of shares - include when protecting minority shareholders
2. Drag-Along Rights: Rights of majority shareholders to force minority participation in sale - include when majority control is important
3. Anti-Dilution Provisions: Protection against dilution of shareholding - include when future share issuances are likely
1. Share Certificate Specimens: Examples of share certificates to be issued
2. Shareholder Details: Complete list of shareholders and their holdings
3. Company Constitution: Current constitution of the company
4. Regulatory Approvals: Copies of relevant regulatory approvals
5. Valuation Report: Independent valuation of shares (if applicable)
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