¶¶Òõ¶ÌÊÓƵ

All Countries
Capital Markets
Standby Equity Distribution Agreement

Standby Equity Distribution Agreement Template for South Africa

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Standby Equity Distribution Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Standby Equity Distribution Agreement

"Need a Standby Equity Distribution Agreement for a JSE-listed technology company seeking to raise up to R500 million in equity funding over 24 months starting March 2025, with quarterly drawdown options and standard JSE compliance provisions."

Celebrated by
Collaborations with
Investors
Document background
The Standby Equity Distribution Agreement (SEDA) is a strategic financing instrument used in the South African market, particularly by companies listed on the Johannesburg Stock Exchange (JSE). This agreement type is typically employed when a company requires flexible access to equity capital without the immediate dilution effect of a traditional rights issue or private placement. It enables the issuer to raise capital incrementally by issuing new shares to an investor over time, with pricing typically determined by reference to market trading prices. The agreement must comply with South African regulatory requirements, including the Companies Act 71 of 2008, Financial Markets Act 19 of 2012, and JSE Listing Requirements. SEDAs are particularly valuable during periods of market volatility or when companies need to fund ongoing growth initiatives while maintaining control over the timing and size of capital raises.
Suggested Sections

1. Parties: Identification of the company issuing shares and the investor/purchaser

2. Background: Context of the agreement, including company's listing status and purpose of the SEDA

3. Definitions: Key terms used throughout the agreement, including financial and technical terminology

4. Facility Amount and Term: Total value of the equity facility and duration of the agreement

5. Advance Notice and Pricing Mechanism: Process for requesting advances and determining share price

6. Conditions Precedent: Requirements that must be met before the agreement becomes effective

7. Share Issuance Procedures: Detailed process for issuing and delivering shares

8. Representations and Warranties: Standard and specific assertions by both parties

9. Company Covenants: Ongoing obligations of the company during the agreement term

10. Events of Default: Circumstances constituting default and consequences

11. Termination: Conditions and process for ending the agreement

12. Confidentiality: Protection of sensitive information

13. Notices: Communication procedures between parties

14. General Provisions: Standard legal provisions including governing law, jurisdiction, and amendment procedures

Optional Sections

1. Market Making Provisions: Required when the investor will act as market maker for the company's shares

2. Anti-dilution Protection: Include when specific protections against share dilution are needed

3. Registration Rights: Necessary when dealing with international investors requiring share registration

4. Foreign Investment Provisions: Required when involving non-South African investors

5. Broker-Dealer Provisions: Include when a broker-dealer is involved in the transaction

6. Black Economic Empowerment Provisions: Required when BEE compliance is relevant to the transaction

7. Lock-up Provisions: Include when restrictions on share sales are needed

Suggested Schedules

1. Advance Notice Form: Template for company to request advances under the facility

2. Pricing Certificate: Standard form for calculating and certifying share prices

3. Compliance Certificate: Template for confirming compliance with agreement conditions

4. Share Issuance Notice: Standard form for notification of share issuance

5. Company Board Resolutions: Required corporate approvals for the agreement

6. Calculation Methods: Detailed procedures for calculating prices and amounts

7. Due Diligence Requirements: List of required due diligence documents and procedures

8. Regulatory Approvals: List of required regulatory approvals and status

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
Clauses





































Relevant Industries

Financial Services

Mining

Technology

Healthcare

Manufacturing

Renewable Energy

Real Estate

Telecommunications

Infrastructure

Retail

Agriculture

Biotechnology

Relevant Teams

Legal

Finance

Corporate Finance

Treasury

Compliance

Risk Management

Corporate Development

Investor Relations

Company Secretariat

Capital Markets

Relevant Roles

Chief Financial Officer

Chief Executive Officer

Legal Counsel

Corporate Finance Director

Investment Banker

Company Secretary

Compliance Officer

Financial Director

Treasury Manager

Corporate Development Director

Legal Director

Investment Relations Manager

Risk Manager

Securities Trading Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Equity Subscription Agreement

A South African law-governed agreement documenting the terms and conditions for an investor's subscription to shares in a company.

find out more

Equity Purchase Contract

A South African law-governed agreement for the sale and purchase of company shares, detailing transaction terms and regulatory compliance requirements.

find out more

Business Equity Agreement

A South African law-governed agreement establishing terms for equity transactions in business entities, including share transfers and ownership rights.

find out more

Future Equity Agreement

A South African law-governed agreement providing investors with rights to future equity in exchange for immediate capital investment, commonly used in startup funding.

find out more

Sweat Equity Term Sheet

A South African law-governed term sheet outlining the exchange of services for company equity, including service scope, equity terms, and performance requirements.

find out more

Equity Compensation Agreement

South African law-governed agreement establishing terms for granting company equity to employees or consultants, including vesting, exercise rights, and regulatory compliance.

find out more

Sweat Equity Partnership Agreement

South African agreement establishing terms for services provided in exchange for company equity ownership, including vesting conditions and performance requirements.

find out more

Sweat Equity Contract

South African legal agreement establishing terms for services provided in exchange for company equity, including vesting conditions and compliance with local corporate laws.

find out more

Equity Transfer Contract

A South African law-governed agreement facilitating the transfer of company shares between parties, ensuring compliance with local corporate and regulatory requirements.

find out more

Equity Funding Agreement

A South African law-governed agreement documenting terms for equity investment in a company, including share issuance, investor rights, and regulatory compliance.

find out more

Equity For Services Agreement

South African agreement for the provision of services in exchange for company shares, governed by SA company law and regulations.

find out more

Co Founder Equity Agreement

A South African law-governed agreement establishing equity arrangements and responsibilities between company co-founders.

find out more

Equity Shares Agreement

A South African law-governed agreement for the sale and transfer of equity shares between parties, ensuring compliance with local corporate and financial regulations.

find out more

Startup Employee Equity Agreement

A South African law-governed agreement establishing terms for granting company equity or options to startup employees, including vesting conditions and transfer restrictions.

find out more

Private Equity Finder's Fee Agreement

A South African law-governed agreement outlining terms for compensating intermediaries who introduce investment opportunities to private equity firms.

find out more

Advisor Equity Agreement

South African agreement establishing advisor services in exchange for company equity, including terms, conditions, and compliance requirements.

find out more

Startup Equity Contract

South African-compliant legal agreement governing equity ownership, shareholder rights, and investment terms in startup companies.

find out more

Phantom Stock Award Agreement

South African agreement for awarding phantom stock units, providing synthetic equity benefits to employees while ensuring regulatory compliance.

find out more

Convertible Agreement Regarding Equity

A South African law-governed agreement enabling investment conversion into future equity shares, with specified triggers and valuation mechanisms.

find out more

Equity Stake Agreement

A South African law-governed agreement detailing terms and conditions for acquiring company ownership stakes, including share rights and regulatory compliance.

find out more

Private Equity Shareholders Agreement

South African law-governed agreement establishing rights and obligations between private equity investors and shareholders, incorporating local regulatory requirements including BEE compliance.

find out more

Equity Repurchase Agreement

South African law-governed agreement for a company to repurchase its shares from existing shareholders, subject to Companies Act requirements.

find out more

Private Equity Investment Agreement

A South African law-governed agreement establishing terms and conditions for private equity investment, including investment structure, shareholder rights, and governance arrangements.

find out more

Equity Loan Agreement

A South African law-governed agreement establishing terms for a combined debt and equity financing arrangement, including loan terms and equity participation provisions.

find out more

Restricted Stock Unit Award Agreement

A South African law-governed agreement setting out terms and conditions for awarding Restricted Stock Units (RSUs) to employees, including vesting, settlement, and tax provisions.

find out more

Equity Pledge Agreement

A South African law-governed agreement creating a security interest over shares or equity interests as collateral for underlying obligations.

find out more

Standby Equity Purchase Agreement

A South African-law governed agreement establishing an investor's commitment to purchase future equity shares of a company under specified conditions and pricing mechanisms.

find out more

Restricted Stock Unit Agreement

South African Restricted Stock Unit Agreement governing the award and vesting of company shares to employees, compliant with local regulations.

find out more

Restricted Stock Award Agreement

A South African law-governed agreement for awarding restricted company shares to employees/executives, specifying vesting conditions and shareholder rights.

find out more

Equity Commitment Agreement

A binding agreement under South African law that establishes the terms for an investor's commitment to make an equity investment in a target company.

find out more

Convertible Equity Agreement

A South African law-governed agreement enabling investment conversion into company equity shares, typically used for startup funding and growth capital.

find out more

Phantom Equity Agreement

A South African law-governed agreement establishing synthetic equity rights that simulate share ownership benefits without actual equity transfer.

find out more

Employee Equity Agreement

A South African legal agreement governing the grant of company equity to employees, including vesting conditions and shareholder rights under South African law.

find out more

Standby Equity Distribution Agreement

A South African law-governed agreement enabling listed companies to access equity financing through periodic share issuances to investors at market-related prices.

find out more

Private Equity Agreement

A South African law-governed agreement establishing terms and conditions for private equity investment, including governance, shareholder rights, and regulatory compliance.

find out more

Equity Participation Agreement

A South African law-governed agreement establishing terms for equity investment in a company, including share subscription, shareholder rights, and B-BBEE compliance.

find out more

Equity Grant Agreement

A South African law-governed agreement detailing the terms and conditions for granting company equity to specified recipients, including share allocation, vesting conditions, and regulatory compliance requirements.

find out more

Equity Financing Agreement

A South African law-governed agreement documenting terms and conditions for equity investment in exchange for company shares, including investor rights and protections.

find out more

Vested Equity Agreement

A South African law-governed agreement establishing terms for gradual equity ownership rights in a company, including vesting conditions and regulatory compliance requirements.

find out more

Private Equity Subscription Agreement

A South African law-governed agreement detailing terms and conditions for private equity investment through share subscription in a target company.

find out more

Equity Transfer Agreement

South African law-governed agreement for the transfer of shares between parties, ensuring compliance with local corporate and securities regulations.

find out more

Equity Distribution Agreement

A South African law-governed agreement establishing terms for the distribution of equity securities, complying with local securities and financial markets regulations.

find out more

Equity Contribution Agreement

A South African law-governed agreement detailing the terms and conditions for making an equity investment into a company, including contribution details and regulatory compliance requirements.

find out more

Equity Buyback Agreement

South African law-governed agreement for a company to repurchase its own shares from existing shareholders, complying with Companies Act requirements.

find out more

Limited Partnership Agreement Private Equity

A South African law-governed agreement establishing a limited partnership structure for private equity investments, defining relationships between GPs and LPs, and regulatory compliance requirements.

find out more

Equity Ownership Agreement

South African law-governed agreement establishing shareholder rights, obligations, and ownership structure in a company.

find out more

Equity Investment Agreement

South African law-governed agreement detailing terms and conditions for equity investment in a company, including statutory compliance requirements.

find out more

Employee Stock Options Agreement

A South African law-governed agreement granting employees the right to purchase company shares at predetermined terms, subject to local corporate and tax regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.