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Startup Shareholder Agreement
"Need a Startup Shareholder Agreement for my Singapore-based fintech company with three co-founders and two angel investors, including specific vesting provisions for early employees and drag-along rights for investors who hold more than 20% of shares."
1. Parties: Identification of all shareholders and the company
2. Background: Context of the agreement and company formation
3. Definitions: Key terms used throughout the agreement
4. Share Capital and Shareholding Structure: Details of share classes, numbers, and ownership percentages
5. Management and Decision Making: Board composition, voting rights, reserved matters
6. Share Transfer Restrictions: Right of first refusal, tag-along, drag-along rights
7. Exit Provisions: Procedures for company sale or IPO
1. Vesting Provisions: Provisions detailing the schedule and conditions for share vesting for founders or key employees
2. Anti-dilution Protection: Mechanisms to protect early investors against share value dilution in future funding rounds
3. Employee Share Option Pool: Provisions for reserved shares allocated for future employee incentive schemes
1. Schedule 1 - Share Capital Table: Detailed breakdown of shareholding structure and share classes
2. Schedule 2 - Reserved Matters List: Comprehensive list of decisions requiring special majority or unanimous approval
3. Schedule 3 - Deed of Adherence: Template document for new shareholders to join the agreement
4. Schedule 4 - Company Business Plan: Initial business plan and financial projections
5. Schedule 5 - Vesting Schedule: Detailed timeline and conditions for share vesting arrangements
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