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Shareholder Release Agreement
"I need a Shareholder Release Agreement under Swiss law for my exit from a tech startup, where I'll be releasing all claims in exchange for CHF 500,000 to be paid by March 2025."
1. Parties: Identification of the releasing shareholder(s) and the company and/or other shareholders receiving the release
2. Background: Context of the shareholding, relevant corporate history, and circumstances leading to the release
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Release: Detailed description of claims, rights, and obligations being released
5. Consideration: Description of any payment or other consideration being provided in exchange for the release
6. Representations and Warranties: Statements of fact by the releasing shareholder regarding their capacity, ownership, and authority to grant the release
7. Confidentiality: Obligations to keep the terms of the release and related information confidential
8. Governing Law and Jurisdiction: Specification of Swiss law as governing law and designation of competent courts
9. Entire Agreement: Confirmation that the agreement represents the entire understanding between the parties
10. Execution: Signature blocks and execution requirements
1. Tax Matters: Specific provisions dealing with tax implications of the release, used when the release involves significant financial consideration
2. Board Approval: Reference to and details of any required board approval, used for releases involving listed companies or when required by articles of association
3. Regulatory Compliance: Specific provisions ensuring compliance with relevant regulations, used when involving listed companies or regulated entities
4. Non-Competition: Restrictions on future competitive activities, used when the releasing shareholder might pose competitive risks
5. Return of Company Property: Provisions regarding return of company documents and property, used when the shareholder had operational involvement
6. Surviving Claims: Specification of any claims or rights that survive the release, used when certain matters need to be explicitly excluded from the release
7. Future Cooperation: Obligations for future cooperation on specific matters, used when ongoing assistance may be needed
1. Share Certificate Details: Details of the shares held and being released, including certificate numbers and share classes
2. Release Payment Schedule: If applicable, details of any staged payment arrangement for the release consideration
3. List of Released Claims: Detailed enumeration of specific claims being released, if any are known
4. Corporate Resolutions: Copies of relevant board or shareholder resolutions approving the release
5. Resignation Letters: If applicable, copies of resignation letters from any corporate positions
6. Power of Attorney: If applicable, power of attorney documentation for executing the release
Authors
Financial Services
Private Equity
Venture Capital
Professional Services
Technology
Manufacturing
Real Estate
Healthcare
Retail
Energy
Telecommunications
Family Offices
Legal
Corporate Secretariat
Executive Management
Board of Directors
Compliance
Finance
Corporate Governance
Investor Relations
Risk Management
Chief Executive Officer
Chief Financial Officer
General Counsel
Corporate Secretary
Legal Director
Head of Legal
Corporate Lawyer
Investment Director
Board Member
Managing Director
Compliance Officer
Company Director
Shareholder Relations Manager
Corporate Governance Officer
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