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Stock Warrant Agreement
1. Parties: Identification of the issuing company and the warrant holder(s)
2. Background: Context of the warrant issuance, including corporate approvals and purpose
3. Definitions: Key terms used throughout the agreement, including technical and financial definitions
4. Grant of Warrants: Specific details of the warrants being issued, including number, class, and exercise price
5. Exercise Period: Timeframe during which the warrants may be exercised
6. Exercise Procedure: Detailed process for exercising warrants, including notice requirements and payment procedures
7. Adjustment Provisions: Mechanisms for adjusting warrant terms in response to corporate events (splits, mergers, etc.)
8. Rights as Warrant Holder: Description of rights before exercise, including any voting or dividend rights
9. Transfer Restrictions: Limitations on the ability to transfer or assign the warrants
10. Termination: Circumstances under which the warrants may expire or be terminated
11. Taxes: Tax obligations and responsibilities related to the warrant issuance and exercise
12. Notices: Communication requirements and procedures between parties
13. Governing Law and Jurisdiction: Specification of Danish law governance and jurisdiction for disputes
14. Signature Page: Execution blocks for all parties
1. Vesting Schedule: Used when warrants vest over time, typically in employee/management warrant programs
2. Good/Bad Leaver Provisions: Included when warrants are part of employment/management incentive schemes
3. Tag-Along Rights: Included when warrant holders should have the right to participate in future share sales
4. Drag-Along Obligations: Used when warrant holders can be forced to sell alongside majority shareholders
5. Anti-dilution Protection: Included when warrant holders should be protected against dilution from new share issuances
6. Shareholders' Agreement Adherence: Required when warrant holders must accede to an existing shareholders' agreement upon exercise
7. Competition and Confidentiality: Included when warrants are part of employment arrangements
8. Registration Rights: Used for companies planning public offering or listing
1. Warrant Terms: Detailed technical specifications of the warrants, including precise calculation methods
2. Exercise Notice Template: Standard form for exercising warrants
3. Corporate Resolutions: Copies of board and shareholder resolutions authorizing warrant issuance
4. Vesting Schedule Details: If applicable, detailed breakdown of vesting periods and conditions
5. Articles of Association: Current articles of association showing authorized share capital and warrant provisions
6. Shareholders' Agreement: If applicable, the shareholders' agreement to which warrant holders must adhere
7. Calculation Examples: Examples of adjustment calculations for corporate events and anti-dilution provisions
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