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1. 1. Parties: Identification and details of all parties to the agreement
2. 2. Background: Context and purpose of the agreement
3. 3. Definitions: Key terms used throughout the agreement
4. 4. Ownership Structure: Details of ownership percentages and classes of ownership
5. 5. Management Rights: Rights and responsibilities in managing the business
6. 6. Decision Making: Voting rights and decision-making procedures
7. 7. Transfer Restrictions: Rules regarding the transfer of ownership interests
8. 8. Termination: Circumstances and procedures for terminating the agreement
1. Partnership Provisions: Required if structure includes partnership elements. Use when owners operate as partners.
2. Intellectual Property Rights: Ownership and usage of IP. Include when business involves significant IP assets.
3. Non-compete Provisions: Restrictions on competitive activities. Include when protecting business interests from owner competition.
1. Schedule 1: Initial Ownership Structure: Detailed breakdown of initial ownership allocation
2. Schedule 2: Business Plan: Initial business plan and strategic objectives
3. Schedule 3: Valuation Methodology: Agreed methods for valuing ownership interests
4. Appendix A: Deed of Adherence: Template for new owners joining the agreement
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