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leaver provisions Tag

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You may have already come across [glossary_exclude]share[/glossary_exclude] transfer provisions when you first incorporated your company. These provisions are most commonly found in the company’s articles of association and shareholders’ agreements, but also in buyout service agreements and investment agreements. Let’s take a look at what those provisions are and why they are important.   What do your Articles say? Under the Companies Act

Founders – the original shareholders of a company – are the driving force behind the company’s success as they contribute their skills and knowledge to expand the business. As the company grows, attracting new investment and talent, the [glossary_exclude]founders’[/glossary_exclude] ownership of the controlling stake in the company may not be reflective of their contribution at that new stage of development