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Declaration Of Trust For Shares
"I need a Declaration of Trust for Shares to be drafted for our Dutch tech startup, where our CFO will hold 1000 Series A shares in trust for three international investors, with specific provisions for quarterly reporting and pre-emptive voting rights arrangements."
1. Parties: Identification of the Trustee and the Beneficiary with full legal names and addresses
2. Background: Context of the trust arrangement and explanation of why the Declaration of Trust is being made
3. Definitions: Definitions of key terms used throughout the document
4. Declaration of Trust: Explicit declaration that specified shares are held in trust, including details of the shares and company
5. Trustee Powers and Obligations: Detailed description of trustee's powers, duties, and responsibilities regarding the shares
6. Beneficiary Rights: Specification of beneficiary's rights, including voting rights, dividend rights, and other entitlements
7. Administrative Provisions: Procedures for maintaining records, correspondence, and documentation
8. Duration and Termination: Terms regarding the duration of the trust and circumstances for termination
9. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes
1. Dividend Policy: Specific arrangements for handling dividends and distributions, used when special dividend arrangements are required
2. Voting Rights Procedures: Detailed procedures for exercising voting rights, used when specific voting arrangements are needed
3. Successor Trustee Provisions: Procedures for appointing successor trustees, used when continuity arrangements are required
4. Tax Provisions: Specific arrangements for handling tax matters, used when complex tax situations exist
5. Dispute Resolution: Alternative dispute resolution procedures, used when parties want to specify mediation or arbitration
6. Reporting Requirements: Specific reporting obligations of the trustee, used when detailed reporting is required
1. Schedule 1 - Share Details: Detailed description of the shares held in trust, including share certificates numbers and class
2. Schedule 2 - Company Information: Details of the company whose shares are held in trust, including registration number and address
3. Schedule 3 - Initial Instructions: Any specific instructions from the beneficiary to the trustee regarding the administration of shares
4. Appendix A - Specimen Signatures: Specimen signatures of authorized signatories
5. Appendix B - Power of Attorney: Standard form of power of attorney for use by trustee when required
Authors
Financial Services
Investment Management
Corporate Services
Banking
Private Equity
Family Office
Professional Services
Real Estate Investment
Technology
Manufacturing
Legal
Corporate Secretariat
Compliance
Corporate Services
Investment Management
Trust Administration
Corporate Governance
Private Client Services
Financial Administration
Risk Management
Corporate Lawyer
Legal Counsel
Company Secretary
Trust Manager
Compliance Officer
Corporate Services Manager
Investment Manager
Legal Director
Wealth Manager
Corporate Governance Officer
Financial Director
Trust Administrator
Corporate Trustee
Private Client Advisor
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