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Share Partner Agreement
"I need a Share Partner Agreement for a tech startup in Manila, with three founding partners contributing different amounts of initial capital and including provisions for future employee share ownership, planned to be effective from March 2025."
1. Parties: Identification of all parties entering into the agreement, including full legal names, addresses, and registration details
2. Background: Context of the agreement, including brief company history and purpose of the partnership
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Structure: Details of the partnership arrangement, including share allocation and ownership structure
5. Capital Contributions: Specification of initial and ongoing capital contributions from each partner
6. Share Rights and Restrictions: Details of share classes, voting rights, and any restrictions on share transfers
7. Management and Decision Making: Governance structure, voting mechanisms, and decision-making processes
8. Profit Distribution: Methods and timing of profit distribution among partners
9. Partner Obligations: Specific duties and responsibilities of each partner
10. Term and Termination: Duration of the agreement and conditions for termination
11. Confidentiality: Provisions for handling confidential information
12. Dispute Resolution: Procedures for resolving conflicts between partners
13. Governing Law: Specification of Philippine law as governing law and jurisdiction
14. General Provisions: Standard legal provisions including notices, amendments, and severability
1. Non-Compete Provisions: Restrictions on partners engaging in competing businesses - include when partners have other business interests
2. Intellectual Property Rights: Management of IP rights - include when the partnership involves significant IP assets
3. Death or Incapacity: Procedures in case of partner death or incapacity - important for individual partners
4. Tag-Along and Drag-Along Rights: Share transfer provisions - include for larger partnerships with multiple shareholders
5. Put and Call Options: Options for partners to buy or sell shares - include when needed for exit flexibility
6. Foreign Ownership Compliance: Specific provisions ensuring compliance with Philippine foreign ownership restrictions - include when foreign partners are involved
7. Employee Share Participation: Rules for employee share ownership - include if employees will be offered partnership shares
1. Schedule A - Share Capital Structure: Detailed breakdown of share classes, numbers, and ownership percentages
2. Schedule B - Initial Capital Contributions: Itemized list of each partner's initial capital contributions
3. Schedule C - Valuation Methodology: Agreed methods for valuing shares for various purposes
4. Schedule D - Business Plan: Initial business plan and strategic objectives
5. Schedule E - Partner Details: Detailed information about each partner, including contact information and representatives
6. Appendix 1 - Shareholder Resolutions: Format and procedures for shareholder resolutions
7. Appendix 2 - Transfer Procedures: Detailed procedures for share transfers
8. Appendix 3 - Compliance Requirements: List of ongoing compliance requirements under Philippine law
Authors
Articles of Incorporation
Board
Business
Business Day
Business Plan
By-laws
Capital Contribution
Company
Confidential Information
Deed of Adherence
Default Event
Defaulting Partner
Directors
Encumbrance
Fair Market Value
Financial Year
Group
Initial Capital
Intellectual Property Rights
Management Committee
Material Breach
Ordinary Resolution
Partner
Partnership Interest
Partnership Shares
Permitted Transfer
PHP
Profit Share
Related Party
Reserved Matters
Share Capital
Share Transfer
Shareholder Resolution
Special Resolution
Subsidiary
Tag-Along Rights
Transfer Notice
Valuation Date
Voting Rights
Share Capital Structure
Capital Contributions
Share Rights
Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Management Rights
Voting Rights
Board Composition
Reserved Matters
Profit Distribution
Dividend Policy
Information Rights
Confidentiality
Non-Competition
Non-Solicitation
Representations and Warranties
Partner Obligations
Default Events
Remedies
Dispute Resolution
Term and Termination
Buy-Out Rights
Valuation
Death and Incapacity
Foreign Ownership Compliance
Anti-Dilution
Amendment Procedures
Notices
Assignment
Severability
Entire Agreement
Governing Law
Force Majeure
Technology and Software
Manufacturing
Professional Services
Real Estate Development
Retail and Distribution
Financial Services
Healthcare
Hospitality
Construction
Agriculture
Mining and Resources
Media and Entertainment
Education and Training
Transportation and Logistics
Legal
Finance
Corporate Secretariat
Executive Leadership
Board of Directors
Compliance
Corporate Governance
Shareholder Relations
Investment Management
Business Development
Chief Executive Officer
Managing Director
Business Owner
Corporate Lawyer
Legal Counsel
Chief Financial Officer
Finance Director
Business Development Manager
Company Secretary
Investment Manager
Partner
Board Member
Compliance Officer
Corporate Governance Officer
Shareholder Relations Manager
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