Below are all the legal and contractual definitions for the term “
" found within legal contracts contributed to The Genie Community.
All those below are used by lawyers, in-house legal counsel, startups and business owners alike.
Note: These definitions may differ between geographies, company size and contract category.
the Companies Act 2006 (as amended from time to time);
Articles of association are a multi-page document which outline agreed rules and restrictions relating to the way a company is governed, operated, and owned. Use this particular model from the BVCA if you would like to form an article to set out a company’s constitution and to govern the internal management of
company’s affairs. Note: These articles are subject to the requirements of the Companies Act 2006.
the Companies Act 2006;
This shareholders and subscription agreement has been drafted by BVCA for signature as a contract under hand which means it is executed by one person who can be authorised by the company's directors. This sort of agreement can avoid the execution formalities that are usually required for deeds. This agreement has been revised and re-launched by BVCA following a review involving their Venture Capital and Legal committees.
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