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Stock Swap Agreement
"I need a Stock Swap Agreement for exchanging shares between my Austrian tech startup (GmbH) and a publicly listed software company, where we'll exchange 15% of our shares for 2% of their shares, with closing planned for March 2025."
1. Parties: Identification of the parties exchanging shares, including full legal names and registration details
2. Background: Context of the transaction, including brief description of the companies involved and purpose of the share swap
3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement
4. Share Exchange Terms: Core terms of the swap including number of shares, classes, and exchange ratio
5. Valuation: Agreed valuation methodology and specific values for the shares being exchanged
6. Closing Conditions: Conditions that must be satisfied before the share swap can be completed
7. Representations and Warranties: Statements of fact and assurances from both parties regarding their shares and authority
8. Pre-Closing Covenants: Obligations of the parties between signing and closing
9. Closing Mechanics: Specific procedures for executing the share swap, including timing and documentation
10. Tax Matters: Treatment of tax implications and responsibilities
11. Confidentiality: Obligations regarding confidential information
12. Notices: Process for formal communications between parties
13. Governing Law and Jurisdiction: Specification of Austrian law as governing law and jurisdiction for disputes
14. General Provisions: Standard legal provisions including amendments, entire agreement, and severability
1. Regulatory Compliance: Required when the swap involves regulated entities or triggers regulatory thresholds
2. Third Party Consents: Needed when the share swap requires approval from other stakeholders or regulatory bodies
3. Share Rights and Restrictions: Required when the shares carry special rights or restrictions that affect the swap
4. Anti-dilution Provisions: Include when protecting against future share dilution is necessary
5. Tag-Along/Drag-Along Rights: Needed when certain shareholders should have the right to join or be forced to join in future sales
6. Competition Law Compliance: Required when the swap might trigger merger control requirements
7. Post-Closing Adjustments: Include when the final exchange ratio might need adjustment based on future events
8. Employee Matters: Needed when the swap affects employee share schemes or rights
9. Intellectual Property Rights: Include when IP ownership or licenses are affected by the share swap
1. Schedule 1 - Share Details: Detailed description of shares being exchanged, including share certificates numbers and shareholder information
2. Schedule 2 - Valuation Report: Detailed valuation analysis and methodology
3. Schedule 3 - Closing Checklist: List of all documents and actions required for closing
4. Schedule 4 - Company Information: Detailed information about both companies involved in the swap
5. Schedule 5 - Encumbrances: List of any existing encumbrances on the shares
6. Appendix A - Board Resolutions: Copies of board resolutions approving the share swap
7. Appendix B - Regulatory Approvals: Copies of required regulatory approvals or filings
8. Appendix C - Share Certificates: Forms of new share certificates to be issued
9. Appendix D - Transfer Forms: Required share transfer forms under Austrian law
Authors
Aktiengesellschaft
Articles of Association
Board of Directors
Business Day
Closing
Closing Date
Company A
Company B
Completion
Confidential Information
Consideration Shares
Effective Date
Encumbrance
Exchange Ratio
Execution Date
Financial Statements
Governmental Authority
GmbH
Group
Intellectual Property Rights
Long Stop Date
Material Adverse Change
Material Adverse Effect
Parties
Regulatory Approvals
Relevant Authority
Share Certificates
Share Transfer Forms
Shareholders
Shares
Subsidiary
Swap Shares
Tax
Tax Authority
Third Party Rights
Transaction
Transaction Documents
Transfer
Valuation Date
Valuation Report
Working Day
Valuation
Consideration
Conditions Precedent
Representations and Warranties
Covenants
Closing Conditions
Transfer Restrictions
Regulatory Compliance
Competition Law
Tax Matters
Confidentiality
Due Diligence
Corporate Authority
Share Rights
Encumbrances
Warranties
Indemnification
Force Majeure
Termination
Governing Law
Dispute Resolution
Notices
Assignment
Amendment
Severability
Entire Agreement
Third Party Rights
Costs and Expenses
Further Assurance
Counterparts
Financial Services
Technology
Manufacturing
Real Estate
Healthcare
Energy
Telecommunications
Professional Services
Consumer Goods
Industrial Products
Media and Entertainment
Agriculture
Mining and Resources
Transportation and Logistics
Construction
Legal
Finance
Corporate Development
Tax
Compliance
Board Secretariat
Risk Management
Treasury
Corporate Communications
Investor Relations
Chief Executive Officer
Chief Financial Officer
Corporate Lawyer
Legal Counsel
Company Secretary
Finance Director
Investment Manager
Corporate Development Director
Tax Director
Compliance Officer
Board Member
Managing Director
Mergers & Acquisitions Director
Strategy Director
Risk Manager
Financial Controller
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