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Director Shareholder Agreement
"I need a Director Shareholder Agreement for my Singapore technology startup with three founders who will all serve as directors, including specific provisions for future funding rounds and a clear exit strategy if any founder wants to leave by March 2025."
1. Parties: Identification of the company, directors, and shareholders involved in the agreement
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Board Composition: Structure and appointment of board members
5. Shareholders' Rights and Obligations: Voting rights, dividend rights, and other shareholder matters
6. Share Transfer Restrictions: Rules governing the transfer of shares
7. Directors' Duties and Responsibilities: Obligations and responsibilities of directors
8. Confidentiality: Provisions regarding confidential information and trade secrets
9. Term and Termination: Duration of the agreement and circumstances for termination
10. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for disputes
1. Tag-Along Rights: Rights of minority shareholders to join in sale of shares when majority shareholders sell their stakes
2. Drag-Along Rights: Rights of majority shareholders to force minority shareholders to join in sale of the company
3. Non-Compete Provisions: Restrictions on competitive activities by directors and shareholders
4. Dividend Policy: Specific provisions regarding the distribution of dividends
5. Deadlock Resolution: Procedures for resolving deadlock situations in decision-making
1. Schedule 1 - Share Capital Structure: Details of share classes and ownership distribution
2. Schedule 2 - Reserved Matters: List of decisions requiring special approval or unanimous consent
3. Schedule 3 - Board Procedures: Detailed procedures for board meetings and decision-making
4. Schedule 4 - Deed of Adherence: Template for new shareholders joining the agreement
5. Schedule 5 - Company's Constitution: Copy of or reference to the company's constitution
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