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Deed Of Amendment And Restatement
"I need a Deed of Amendment and Restatement to modify our existing shareholders' agreement by adding two new minority shareholders and updating the board composition provisions, with the changes to take effect from March 1, 2025."
1. Parties: Details of all parties to the deed, including their full legal names, registration numbers (if applicable), and addresses
2. Background: Recitals explaining the original agreement, reason for amendments, and intention to restate
3. Definitions: Definitions of terms used in the deed, including references to the original agreement and amendment terms
4. Interpretation: Rules for interpreting the deed, including relationship with original agreement
5. Amendment Provisions: Specific amendments being made to the original agreement, clearly identified and explained
6. Effective Date: When the amendments take effect and any conditions precedent
7. Restatement: Complete restatement of the agreement incorporating all amendments
8. Confirmation: Confirmation that all other terms of the original agreement remain unchanged
9. Authority: Confirmation of authority to enter into the deed
10. Costs: Allocation of costs related to the preparation and execution of the deed
11. Governing Law: Confirmation of South African law as governing law
12. Execution: Formal execution provisions complying with South African requirements
1. Conditions Precedent: Include when amendments are subject to fulfillment of specific conditions
2. Regulatory Approvals: Include when amendments require regulatory approval
3. Third Party Consents: Include when amendments require consent from parties not signing the deed
4. Security Provisions: Include when amendments affect existing security arrangements
5. Tax Provisions: Include when amendments have specific tax implications requiring addressing
6. Transitional Provisions: Include when specific arrangements are needed to transition between old and new provisions
1. Schedule 1 - Original Agreement: Copy of the original agreement being amended
2. Schedule 2 - Table of Amendments: Detailed table showing original clauses and corresponding amendments
3. Schedule 3 - Restated Agreement: Clean version of the fully restated agreement
4. Schedule 4 - Required Consents: List of all required consents and their status
5. Schedule 5 - Corporate Authorizations: Copies of relevant corporate authorizations
6. Appendix A - Comparison Version: Blackline showing all changes between original and restated agreement
Authors
Financial Services
Real Estate
Mining
Manufacturing
Technology
Telecommunications
Energy
Infrastructure
Agriculture
Healthcare
Retail
Professional Services
Construction
Transport and Logistics
Legal
Compliance
Corporate Secretariat
Risk Management
Commercial
Operations
Business Development
Corporate Affairs
Property Management
Transaction Management
Legal Counsel
Corporate Lawyer
Contract Manager
Legal Director
Company Secretary
Compliance Officer
Property Manager
Transaction Manager
Commercial Director
Chief Legal Officer
Risk Manager
Business Development Manager
Corporate Affairs Manager
Operations Director
Chief Executive Officer
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