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Share Partner Agreement Template for Netherlands

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Key Requirements PROMPT example:

Share Partner Agreement

"I need a Share Partner Agreement for a technology startup in Amsterdam, where three equal partners will each hold 33.33% shares, with specific provisions for future funding rounds and a vesting schedule starting March 2025."

Document background
The Share Partner Agreement serves as a foundational document for businesses operating under Dutch law, establishing the framework for shareholder relationships and corporate governance. This agreement is essential when bringing new partners into an existing business, restructuring ownership, or formalizing partnership arrangements. It addresses crucial aspects such as share ownership, voting rights, profit sharing, management participation, and exit strategies, while ensuring compliance with Dutch corporate law requirements. The document is particularly important for protecting both majority and minority shareholder interests, preventing potential conflicts, and providing clear mechanisms for business operations and decision-making. It's commonly used in situations ranging from small partnerships to large corporate structures, and can be adapted to various business models while maintaining compliance with Dutch legal requirements.
Suggested Sections

1. Parties: Identification and details of all parties entering into the agreement, including registered addresses and company details

2. Background: Context of the agreement, including company history, purpose of the partnership, and current shareholding structure

3. Definitions and Interpretation: Detailed definitions of terms used throughout the agreement and rules of interpretation

4. Partnership Structure: Details of partnership shares, capital contributions, and ownership percentages

5. Rights and Obligations of Partners: Core rights and responsibilities of each partner, including voting rights and management participation

6. Share Capital and Further Financing: Structure of share capital, procedures for capital calls, and financing obligations

7. Management and Decision Making: Governance structure, board composition, voting mechanisms, and reserved matters

8. Profit Distribution and Dividend Policy: Rules governing profit sharing, dividend declarations, and distribution policies

9. Transfer Restrictions: Limitations on share transfers, including right of first refusal and tag-along/drag-along rights

10. Exit Mechanisms: Procedures for partner exit, including valuation methods and payment terms

11. Confidentiality: Obligations regarding confidential information and trade secrets

12. Non-Competition and Non-Solicitation: Restrictions on competitive activities and employee/client solicitation

13. Term and Termination: Duration of the agreement and circumstances allowing termination

14. Governing Law and Dispute Resolution: Choice of Dutch law and procedures for resolving disputes

15. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Required when IP ownership and licensing between partners needs to be addressed

2. Employee Share Scheme: Include when implementing employee participation programs

3. Put and Call Options: Optional mechanisms for forced buy/sell between partners

4. Dead Lock Resolution: Important for 50/50 partnerships to address decision-making impasses

5. International Operations: Required when partnership involves cross-border activities

6. Family Succession Rights: Important for family businesses or when planning generational transfer

7. Good Leaver/Bad Leaver Provisions: Useful when differentiating exit terms based on circumstances

8. Anti-Dilution Protection: Important when future capital raises are anticipated

Suggested Schedules

1. Schedule 1 - Share Capital Structure: Detailed breakdown of current shareholding and share classes

2. Schedule 2 - Initial Business Plan: Agreed business objectives and financial projections

3. Schedule 3 - Reserved Matters: List of decisions requiring special majority or unanimous approval

4. Schedule 4 - Share Valuation Methodology: Agreed methods for calculating share values in various scenarios

5. Schedule 5 - Deed of Adherence: Template for new partners joining the agreement

6. Schedule 6 - Company's Articles of Association: Current articles of association referenced in the agreement

7. Schedule 7 - Partner Contact Details: Contact information and notice details for all partners

8. Schedule 8 - Initial Capital Contributions: Details of partners' initial investments and contributions

Authors

Alex Denne

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

Relevant legal definitions




















































Clauses







































Relevant Industries

Technology and Software

Professional Services

Manufacturing

Real Estate

Retail and Consumer Goods

Healthcare and Life Sciences

Financial Services

Energy and Utilities

Media and Entertainment

Construction and Engineering

Agriculture and Food Production

Transportation and Logistics

Consulting Services

Education and Training

Relevant Teams

Legal

Finance

Corporate Governance

Executive Leadership

Board of Directors

Compliance

Corporate Secretariat

Business Development

Risk Management

Investment

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Managing Director

Company Director

Legal Counsel

Corporate Lawyer

Business Development Manager

Partner

Shareholder

Company Secretary

Corporate Governance Officer

Investment Manager

Board Member

Finance Director

General Counsel

Compliance Officer

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

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