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1. Parties: Identification and details of all founding partners, including full legal names, addresses, and Emirates ID/passport numbers as required by UAE law
2. Background: Context of the partnership formation, business objectives, and brief description of the startup venture
3. Definitions: Definitions of key terms used throughout the agreement, ensuring clarity and legal certainty
4. Partnership Structure: Legal form of partnership, ownership percentages, and capital contributions in accordance with UAE Commercial Companies Law
5. Business of the Partnership: Detailed description of the business activities, scope, and limitations
6. Capital Contributions: Detailed terms of initial and future capital contributions, including valuation of non-cash contributions
7. Management and Control: Management structure, decision-making processes, and voting rights
8. Roles and Responsibilities: Specific duties and responsibilities of each partner
9. Profit and Loss Sharing: Distribution of profits and losses, dividend policy, and reinvestment provisions
10. Transfer of Interests: Rules regarding transfer of partnership interests, including right of first refusal and tag-along/drag-along rights
11. Intellectual Property: Ownership and protection of IP rights, including pre-existing IP and newly developed IP
12. Confidentiality: Protection of confidential information and trade secrets
13. Term and Termination: Duration of partnership and circumstances for termination
14. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law provisions
15. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and employee solicitation, optional based on partner agreement and industry needs
2. Employee Stock Option Pool: Structure and terms for employee equity participation, relevant if planning to offer equity to employees
3. Advisory Board: Structure and role of advisory board, if the startup plans to establish one
4. Islamic Finance Compliance: Specific provisions ensuring compliance with Sharia law, if required by partners or business model
5. Technology Development: Specific provisions regarding technology development and maintenance, relevant for tech startups
6. International Operations: Provisions for international business activities, if the startup plans to operate globally
7. Environmental Compliance: Environmental responsibility provisions, relevant for startups in sectors with environmental impact
8. Data Protection: Specific provisions regarding data protection and privacy, essential for digital businesses
9. Future Funding Rounds: Framework for future investment rounds and dilution provisions, if additional funding is anticipated
1. Schedule 1: Business Plan: Detailed business plan including market analysis, financial projections, and growth strategy
2. Schedule 2: Initial Capital Contributions: Detailed breakdown of each partner's initial capital contributions, including valuations of non-cash contributions
3. Schedule 3: Intellectual Property Register: List of all intellectual property owned by or licensed to the partnership
4. Schedule 4: Key Performance Indicators: Agreed performance metrics and targets for the business and individual partners
5. Schedule 5: Management Structure: Detailed organizational structure and reporting lines
6. Appendix A: Partner Information: Detailed information about each partner, including contact details and professional background
7. Appendix B: Required Licenses and Permits: List of required licenses and permits for operation in UAE
8. Appendix C: Signature Requirements: Specific signature and authorization requirements for various types of transactions
9. Appendix D: Compliance Checklist: Checklist of regulatory compliance requirements under UAE law
Applicable Law
Articles of Association
Board
Business
Business Day
Business Plan
Capital Account
Capital Contribution
Company
Confidential Information
Default Event
Dispute
Effective Date
Encumbrance
Exit Event
Fair Market Value
Financial Year
Force Majeure
Founding Partners
Free Zone
Good Reason
Intellectual Property Rights
Investment Amount
Key Performance Indicators
Management Committee
Material Breach
Memorandum of Association
Notice
Ordinary Resolution
Partnership Interest
Partnership Property
Pre-emption Rights
Profit and Loss
Quarter
Related Party
Reserved Matters
Share
Share Capital
Shareholder
Special Resolution
Strategic Decision
Subsidiary
Tag-Along Rights
Territory
Trade License
Transfer
UAE
Valuation
Voting Rights
Working Capital
Partnership Formation
Business Purpose
Capital Contributions
Ownership Structure
Management Rights
Decision Making
Voting Rights
Profit and Loss Sharing
Distribution Policy
Capital Accounts
Additional Capital
Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Partnership Meetings
Board Composition
Reserved Matters
Financial Matters
Accounting Records
Bank Accounts
Business Plan
Performance Obligations
Default
Deadlock Resolution
Exit Provisions
Share Valuation
Force Majeure
Term and Termination
Consequences of Termination
Death or Incapacity
Dispute Resolution
Governing Law
Jurisdiction
Notices
Assignment
Severability
Entire Agreement
Amendment
Costs
Third Party Rights
Further Assurance
Counterparts
Technology
E-commerce
Financial Technology
Healthcare Technology
Education Technology
Artificial Intelligence
Blockchain
Renewable Energy
Digital Media
Logistics and Supply Chain
Real Estate Technology
Food and Beverage Technology
Internet of Things
Cybersecurity
Mobile Applications
Cloud Services
Sustainable Technologies
Smart City Solutions
Digital Marketing
Professional Services
Legal
Corporate Affairs
Executive Leadership
Business Development
Finance
Compliance
Corporate Governance
Strategy
Investment
Operations
Innovation
Risk Management
Founder
Co-Founder
Chief Executive Officer
Chief Financial Officer
Chief Technology Officer
Chief Operating Officer
Chief Legal Officer
Business Development Director
Startup Legal Counsel
Corporate Lawyer
Investment Manager
Venture Capital Associate
Partnership Manager
Company Secretary
Compliance Officer
Managing Partner
Board Member
Strategic Planning Director
Innovation Director
Entrepreneurship Advisor
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