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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)
Authors
Board
Business Day
Companies Act
Company
Company Constitution
Completion
Completion Date
Confidential Information
Distribution
Distribution Date
Distribution Price
Distributing Party
Effective Date
Encumbrance
Existing Shareholders
Fair Market Value
Governmental Authority
Law
Material Adverse Effect
MAS
Notice
Ordinary Shares
Parties
Preference Shares
Receiving Shareholders
Related Corporation
Relevant Securities
Securities and Futures Act
SGX
Share Certificate
Shareholders
Shares
Singapore
Subsidiary
Tax
Transfer
Transferee
Transferor
Valuation
Working Day
Distribution Terms
Share Allocation
Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Representations and Warranties
Share Certificates
Voting Rights
Dividend Rights
Anti-Dilution Protection
Information Rights
Confidentiality
Board Representation
Share Register
Completion Mechanics
Regulatory Compliance
Tax Matters
Notices
Assignment
Amendment
Severability
Entire Agreement
Force Majeure
Governing Law
Dispute Resolution
Costs and Expenses
Further Assurance
Counterparts
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