Director Service Agreement
A basic director service agreement that can be signed on top of the standard Form 45.
This is a useful document if the directors are bound by certain undertakings or provisions on top of their fiduciary and director duties under law. These undertakings could take the following forms:
- An undertaking that they will not sit on boards of competing business
- An undertaking that directors will not have an interest in competing businesses
Others
A guide setting out the legal mechanisms to retain operational control over your company, whilst accepting external investments. These mechanisms include:
Founder reserved matters
board seat control
Control over future...
A "2-in-1" document that is useful if you are simultaneously subscribing for shares and entering into a shareholders agreement as well.
This typically happens if this is the first shareholders agreement...
A subscription agreement sets out the terms pursuant to which investors will subscribe for shares in the company. On top of the terms set out in a share subscription letter,...
A short form document confirming the key terms pursuant to which the shares in the company shall be subscribed for by an investor. The key terms will include:
The price...
A term sheet setting out the key commercial terms of the convertible loan notes to be issued by the Company to the Investor, which will include:
The terms of conversion...
