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wiki:projects:contracts:auto_car:biz_plan:investment_contract [2019/08/14 16:04] – created jeff | wiki:projects:contracts:auto_car:biz_plan:investment_contract [2019/08/14 16:05] (current) – removed jeff | ||
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- | TEMPLATE | ||
- | Dated | ||
- | 201 | ||
- | 6 | ||
- | THE INVESTOR | ||
- | and | ||
- | THE FOUNDERS | ||
- | and | ||
- | THE COMPANY | ||
- | [ | ||
- | and | ||
- | OTHERS | ||
- | ] | ||
- | INVESTMENT AGREEMENT | ||
- | r | ||
- | elating to | ||
- | [ | ||
- | COMPANY NAME | ||
- | ] | ||
- | TEMPLATE | ||
- | TABLE OF CONTENTS | ||
- | 1. | ||
- | ! | ||
- | INTERPRETATION | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ..... | ||
- | 1 | ||
- | ! | ||
- | 2. | ||
- | ! | ||
- | INVESTMENT | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ............. | ||
- | 4 | ||
- | ! | ||
- | 3. | ||
- | ! | ||
- | COMPLETION | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ............. | ||
- | 5 | ||
- | ! | ||
- | 4. | ||
- | ! | ||
- | WARRANTIES | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ............ | ||
- | 6 | ||
- | ! | ||
- | 5. | ||
- | ! | ||
- | INTELLECTUAL PROPERTY | ||
- | ................................ | ||
- | ................................ | ||
- | ................... | ||
- | 7 | ||
- | ! | ||
- | 6. | ||
- | ! | ||
- | THE BOARD | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ................ | ||
- | 7 | ||
- | ! | ||
- | 7. | ||
- | ! | ||
- | ACCOUNTING AND INFORMATION RIGHTS | ||
- | ................................ | ||
- | ...................... | ||
- | 8 | ||
- | ! | ||
- | 8. | ||
- | ! | ||
- | MATTERS REQUIRING INVESTOR CONSENT | ||
- | ................................ | ||
- | ..................... | ||
- | 8 | ||
- | ! | ||
- | 9. | ||
- | ! | ||
- | TRANSFER OF | ||
- | SHARES AND FUTURE FUNDING | ||
- | ................................ | ||
- | .............. | ||
- | 8 | ||
- | ! | ||
- | 10. | ||
- | ! | ||
- | EFFECT OF CEASING TO HOLD SHARES | ||
- | ................................ | ||
- | ............................. | ||
- | 9 | ||
- | ! | ||
- | 11. | ||
- | ! | ||
- | NON COMPETITION | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | .. | ||
- | 9 | ||
- | ! | ||
- | 12. | ||
- | ! | ||
- | CONFIDENTIALITY AND ANNOUNCEMENTS | ||
- | ................................ | ||
- | .................. | ||
- | 10 | ||
- | ! | ||
- | 13. | ||
- | ! | ||
- | ASSIGNMENT | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ........... | ||
- | 10 | ||
- | ! | ||
- | 14. | ||
- | ! | ||
- | THIRD PARTY RIGHTS | ||
- | ................................ | ||
- | ................................ | ||
- | ........................... | ||
- | 10 | ||
- | ! | ||
- | 15. | ||
- | ! | ||
- | AGREEMENT SURVIVES COMPLETION | ||
- | ................................ | ||
- | ............................. | ||
- | 11 | ||
- | ! | ||
- | 16. | ||
- | ! | ||
- | SHAREHOLDER OBLIGATIONS AND STATUS OF THIS AGREEMENT | ||
- | ........ | ||
- | 11 | ||
- | ! | ||
- | 17. | ||
- | ! | ||
- | SEVERANCE | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ............. | ||
- | 11 | ||
- | ! | ||
- | 18. | ||
- | ! | ||
- | VARIATION | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | .............. | ||
- | 11 | ||
- | ! | ||
- | 19. | ||
- | ! | ||
- | COSTS | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ........................ | ||
- | 11 | ||
- | ! | ||
- | 20 | ||
- | . | ||
- | ! | ||
- | WHOLE AGREEMENT | ||
- | ................................ | ||
- | ................................ | ||
- | ............................ | ||
- | 12 | ||
- | ! | ||
- | 21. | ||
- | ! | ||
- | NOTICES | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | .................... | ||
- | 12 | ||
- | ! | ||
- | 22. | ||
- | ! | ||
- | FURTHER ASSURANCE | ||
- | ................................ | ||
- | ................................ | ||
- | .......................... | ||
- | 13 | ||
- | ! | ||
- | 23. | ||
- | ! | ||
- | COUNTERPARTS | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ..... | ||
- | 13 | ||
- | ! | ||
- | 24. | ||
- | ! | ||
- | NO PARTNERSHIP | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ... | ||
- | 13 | ||
- | ! | ||
- | 25. | ||
- | ! | ||
- | GOVERNING LAW AND JURISDICTION | ||
- | ................................ | ||
- | ............................. | ||
- | 13 | ||
- | ! | ||
- | Schedule 1 | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ............................... | ||
- | 14 | ||
- | ! | ||
- | Part 1 | ||
- | - | ||
- | The Founders | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | .. | ||
- | 14 | ||
- | ! | ||
- | Part 2 | ||
- | – | ||
- | The Investor | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ... | ||
- | 14 | ||
- | ! | ||
- | Part 3 | ||
- | – | ||
- | The Other Shareholders | ||
- | ................................ | ||
- | ................................ | ||
- | ................. | ||
- | 14 | ||
- | ! | ||
- | Schedule 2 | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | ............................... | ||
- | 15 | ||
- | ! | ||
- | Part 1 | ||
- | - | ||
- | The Company | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | . | ||
- | 15 | ||
- | ! | ||
- | Part 2 | ||
- | – | ||
- | The Subsidiary | ||
- | ................................ | ||
- | ................................ | ||
- | ............................... | ||
- | 16 | ||
- | ! | ||
- | Schedule 3 Reserved matters | ||
- | - | ||
- | matters requiring Investor Consent | ||
- | ................................ | ||
- | ....... | ||
- | 18 | ||
- | ! | ||
- | Schedule 4 | ||
- | Deed of adherence | ||
- | ................................ | ||
- | ................................ | ||
- | ................................ | ||
- | 19 | ||
- | ! | ||
- | TEMPLATE | ||
- | 1 | ||
- | THIS AGREEMENT is made on | ||
- | 2016 | ||
- | BETWEEN | ||
- | (1) | ||
- | The persons | ||
- | Part 1 of | ||
- | Schedule | ||
- | (the | ||
- | “ | ||
- | Founders | ||
- | ”); | ||
- | (2) | ||
- | SBC BERLIN 2015 | ||
- | - | ||
- | 2017 LTD | ||
- | , incorporated an | ||
- | d registered in England and Wales | ||
- | with company number 0 | ||
- | 9089774 | ||
- | whose registered office is at c/o Rainmaking Loft, | ||
- | International House, 1 St. Katharine’s Way, London E1W 1UN | ||
- | (the “ | ||
- | Investor | ||
- | ”); | ||
- | (3) | ||
- | [The Persons | ||
- | Part 3 of | ||
- | Schedule | ||
- | (the | ||
- | “ | ||
- | Other Shareholders | ||
- | ”); ]and | ||
- | (4) | ||
- | [ | ||
- | FULL COMPANY | ||
- | ] incorporated | ||
- | England | ||
- | ] | ||
- | with company | ||
- | NUMBER | ||
- | ] whose registered | ||
- | ADDRESS | ||
- | ] (the | ||
- | “ | ||
- | Company | ||
- | ”). | ||
- | RECITALS | ||
- | (A) | ||
- | The Company | ||
- | ated on [ | ||
- | DATE | ||
- | ] and is a company | ||
- | brief particulars of which are set out in | ||
- | Schedule 2 | ||
- | . | ||
- | (B) | ||
- | The Founders are interested in the number of shares set out against their respective | ||
- | names in column 3 of | ||
- | Part 1 of | ||
- | Schedule 1 | ||
- | . | ||
- | (C) | ||
- | The Investor | ||
- | s | ||
- | agreed | ||
- | and subject to, the terms of this agreement. | ||
- | (D) | ||
- | The Investor | ||
- | has agreed | ||
- | any with a non | ||
- | - | ||
- | refundable | ||
- | € | ||
- | [ | ||
- | 15,000 | ||
- | ], the first half of which will be paid by SBC Berlin to the Company on or | ||
- | around the date of this agreement and the second half of which will be paid by SBC | ||
- | Berlin | ||
- | ing | ||
- | participation in the accelerator program organised by SBC Berlin. | ||
- | (E) | ||
- | [Prior | ||
- | Company | ||
- | used by them in | ||
- | connection with the provision of [DESCRIPTION OF BUSINESS] | ||
- | pursuant | ||
- | [Note: | ||
- | foreign Company transferred to New UK Co.] | ||
- | IT IS HEREBY AGREED | ||
- | 1. | ||
- | INTERPRETATION | ||
- | 1.1 | ||
- | The definitions and rules of interpretat | ||
- | ion in this clause apply in this agreement. | ||
- | “Articles” | ||
- | the new articles | ||
- | form | ||
- | Completion. | ||
- | TEMPLATE | ||
- | 2 | ||
- | “Board” | ||
- | the board of directors | ||
- | time to ti | ||
- | me. | ||
- | “Business Day” | ||
- | a day (other than a Saturday, Sunday or public holiday) when | ||
- | clearing | ||
- | transaction of normal banking business. | ||
- | “Completion” | ||
- | completion by the parties of their respective obligations under | ||
- | c | ||
- | lause | ||
- | 3 | ||
- | . | ||
- | “Completion | ||
- | Date” | ||
- | the date of Completion. | ||
- | “Costs” | ||
- | any liabilities, | ||
- | fees), claims and expenses. | ||
- | “Deed of | ||
- | Adherence” | ||
- | the deed of adherence in the form set out in | ||
- | Schedule 4 | ||
- | . | ||
- | “Employee Share | ||
- | Option Plan” | ||
- | any employee share option plan adopted by the Company. | ||
- | “Encumbrance” | ||
- | any mortgage, | ||
- | assignment | ||
- | - | ||
- | emption, option, | ||
- | covenant, restriction, | ||
- | order, | ||
- | title claim), | ||
- | encumbrance | ||
- | perfected) other than liens arisi | ||
- | ng by operation of law. | ||
- | “Founders” | ||
- | the persons listed in column 1 of | ||
- | Part 1 of | ||
- | Schedule 1 | ||
- | . | ||
- | [“Group” | ||
- | collectively | ||
- | Group | ||
- | Company | ||
- | ” shall be construed accordingly).] | ||
- | “Independent | ||
- | Expert” | ||
- | has the me | ||
- | aning given in the Articles. | ||
- | “Intellectual | ||
- | Property” | ||
- | patents, | ||
- | marks, | ||
- | rights in trade dress or get | ||
- | - | ||
- | up, rights in goodwill or to sue for | ||
- | passing off, unf | ||
- | air competition rights, rights in designs, rights | ||
- | in | ||
- | moral rights, | ||
- | know | ||
- | - | ||
- | how | ||
- | property | ||
- | ther registered | ||
- | unregistered and including all applications for and renewals or | ||
- | extensions | ||
- | or forms of protection in any part of the world. | ||
- | “Investor | ||
- | the prior written consent of the Invest | ||
- | or. | ||