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The articles of association (Danish: vedtægter) can be described as a very basic version of the shareholders’ agreement, including some formalities regarding share capital, company name etc. They can also contain pre-emption right and post-sale purchase right.
The articles always apply to all shareholders in the company, no matter if they like them or not. Therefore, keep them very basic and put everything else in the shareholders’ agreement. To change the articles, you need a qualified majority at a general meeting. Just make sure that the articles are clean, and you will not have to update them frequently.
For the complete version of the shareholders’ agreement, please download the document below.
Focus on running your business, instead of spending time and money on unnecessary legal paperwork and negotiations. Help us keep StartupTools free by making a donation.
Employment Agreements
The articles of association (Danish: vedtægter) can be described as a very basic version of the shareholders’ agreement, including some formalities regarding share capital, company name etc. They can also contain pre-emption right and post-sale purchase right.
The articles always apply to all shareholders in the company, no matter if they like them or not. Therefore, keep them very basic and put everything else in the shareholders’ agreement. To change the articles, you need a qualified majority at a general meeting. Just make sure that the articles are clean, and you will not have to update them frequently.
For the complete version of the shareholders’ agreement, please download the document below.
Focus on running your business, instead of spending time and money on unnecessary legal paperwork and negotiations. Help us keep StartupTools free by making a donation.
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It is not intended to be complete or definitive, is not a substitute for professional and expert advice, and may not be appropriate or sufficient for your particular circumstances. You should obtain professional advice before taking any action in relation to any matter referred to on this web site.
