In law, apparent authority refers to the authority of an agent as it appears to others,[4] and it can function both to extend real authority and to create authority where no real authority exists. [5] Company law and presumed authority are in reality only a subset of the rules… Continue reading
This is a critical point in the development of any startup, as the terms you agree to here will be maintained for the duration of the angel investment agreement. When it comes to how much money angel investors can bring to the table, it`s not uncommon for a typical… Continue reading
After the amendment, you should read the original agreement and the amendment side by side to fully understand the legal implications of the contract, as the original agreement and amendment continue to have legal effects. This can lead to potential errors, include conflicting provisions in your agreement, make it… Continue reading
This document provides a general summary and is for informational and educational purposes only. It is not intended to be exhaustive and does not constitute legal advice. Specific legal advice should always be sought before any action is taken or omitted. The 2012 OJA is more prescriptive than the… Continue reading
The right of first refusal protects the company and existing shareholders from the sale of shares to a competing company or to parties with whom the company does not really have friendly relations. The inclusion in a shareholders` agreement of a clause requiring a shareholder to demonstrate the right… Continue reading
The Agreement was concluded in Luxembourg on 22 June 2015 in two original copies in the Latvian, Greek and English languages, each of these texts being equally authentic. In case of different interpretations, the English text will prevail. India and Spain signed an agreement on the mutual protection of… Continue reading
Thank you very much for your help, I now clearly understand Concordia A concord is an agreement. If you want to see a romantic comedy and your date wants to see a horror movie, you can compromise and achieve harmony by agreeing to watch an action comedy. Could you… Continue reading
EU leaders will approve a postponement of the Brexit date to 31 January 2020 or earlier if the UK Parliament and the European Parliament approve the Withdrawal Agreement by then. After the British House of Lords approved the European Union (Withdrawal Agreement) Act on January 22, the act received… Continue reading
Appendices and exhibits are subcategories of addenda, where appendices refer to numerical and temporal information such as prices and appendices, and exhibits are used for examples of standard forms or additional information necessary for parties to understand and/or comply with their contractual obligations. Outside of contract law, exhibits are… Continue reading
The parties should consider whether, in addition to an eligible funding round or a long-term shutdown date, there are other circumstances in which shares should be automatically converted under the pre-subscription agreement, for example in the event of a sale of the start-up. Similar to a convertible loan, an… Continue reading
