What does an Exit Condition mean? The investor may impose certain mechanism in the shareholders’ agreement through which the investor …
Founder’s Edition
What are Tag Along Rights in shareholder’s agreement?
What does Tag Along Right mean? Tag Along Right, as the term suggests, means the right of the investor to …
What is ROFO and ROFR?
A. ROFO What does ROFO mean? ‘Right of First Offer’ means a condition imposed on the investor wherein, if the …
Anti-Dilution Rights in shareholder’s agreement
What does Anti-Dilution Right mean? Anti-dilution right means a right vested with the investor through which the investor tends to …
What is Pre-Emption Right? Founder’s view point
What does Pre-Emption right mean? Pre-emption rights mean a preferential right to subscribe to shares of the company whenever such …
Explained! Founder Lock-in and Vesting of Founder Shares.
What does Founder Lock-in and Vesting mean? Founder lock-in means that the Founder(s) shall not be entitled to transfer their …
What are Affirmative Voting Rights? Essentials for Founders
What does Affirmative Voting Rights mean? Affirmative, as the word suggests, means agreeing or consenting. Affirmative Voting Rights are typically …
Understanding Management Rights for startups
What does management of company mean? Legally, the Board of Directors of the company are vested with the judiciary responsibility …
Founders fired from their own companies
Getting fired from your own company could be one of the worst nightmares of a Founder. And definitely, rebound is …
Looking for Fund Raise? Know what a shareholder’s Agreement is.
What is Shareholders’ Agreement? A shareholders’ agreement is not very different from any typical agreement between two parties. It’s a …
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