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Shareholder’s Agreement

A shareholders’ agreement is an agreement into which the shareholders of a company enter. It sets out provisions governing the ownership and governance of the company. The shareholders’ agreement outlines the shareholders’ rights and obligations, and typically includes provisions regulating areas such as the composition of management, transferability of shares, reverse vesting schemes, and restrictive covenants. Pursuant to Danish corporate law, a shareholders’ agreement is not binding for the company itself but exclusively between the shareholders. View a shareholder’s agreement template here.”

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Employee Offer Letter

An employee offer letter is a letter given by a company to a potential employee that outlines key terms of the prospective employee’s employment. The document should provide basic information on position/title, compensation, job status, policies, supervision, contingencies, and starting date. The offer letter is not legally binding. An employee offer letter template coming soon.”

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Employment Agreement

An employment agreement outlines the terms of a relationship between an employee and employer. It establishes the rights and responsibilities of both parties and is a legally binding contract. The document promises employment for a set amount of time and set wages. View an employment agreement template here.”

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Advisor Agreement

An advisory agreement formalises a relationship between a founder and someone offering external advice. Founders can reward advisors in a variety of ways which is outlined in the document.
View an advisor agreement template here.
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Consultancy Agreement

A consultancy agreement is a contract between an independent contractor and a company, setting out the key rights and responsibilities of both parties. View a consultancy agreement template here.”

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IP Agreement

An intellectual property agreement is a binding contract between employees and employers that outline the terms and conditions for how an organisation’s intellectual property is protected when employees create inventions as a function of their job. View an IP agreement template here.”

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Privacy Policy

A privacy policy describes a company’s data processing practices. The document states all the ways a company gathers, uses, discloses, and manages a customer’s data. View a privacy policy template here.”

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Capitalisation Table

A cap(italisation) table is a document that shows a breakdown of a company’s shareholders equity. The document includes all of a company’s equity ownership information such as common equity shares, preferred shares, warrants, and convertible equity. View an example cap table in a Google Sheet here and in an Excel file here.

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Term Sheet

A term sheet is a non-binding agreement between a prospective investor and a company that details the basic terms and conditions of an investment. These include a company valuation, investment amount, percentage stake, and anti-dilutive provisions. Term sheets serve as a basis for a more detailed, legally binding document that follows once both parties have agreed to partner. A term sheet is not legally binding. View a term sheet template here.
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Simple Agreement for Future Equity

A Simple Agreement for Future Equity (SAFE) is an advanced subscription agreement for future shares. It is an agreement between an investor and a company that provides rights to the investor for future equity in the company. A convertible loan note (CLN) is similar though can be recalled by the lender, whereas a SAFE always converts into equity. That said, in practice, when it comes to early-stage investing, the difference is merely theoretical. Inspired by the Y Combinator SAFE, the Danish SAFE includes certain amendments in order to comply with Danish corporate law requirements. View a Danish SAFE template here. Read through the reasoning behind the document here. ”

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Convertible Loan Note

A convertible loan note (CLN) is a loan that has the option to be converted into shares at a future point in time and frequently during the company’s next funding round. Theoretically, investors can ask to have a CLN repaid in cash; this is the biggest difference between a CLN and an ASA/SAFE which is an equity-only investment. That said, the difference is theoretical given that repayment rarely happens in actuality. View a CLN template here.”

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Priced Round

Priced rounds are equity investments based on a negotiated valuation of a company. After an investor and a company have agreed on a valuation, the investor exchanges money for shares at a price per share determined by the set valuation. View a priced round template here.”