Commercial  Heads of agreement - COMM 59
|
Heads of agreement - COMM 59
|
Price:
$330.00
|
|
This heads of agreement caters for any situation that you may contemplate. Whether you are going into a shareholding, unit trust, joint-venture or partnership arrangement the document endeavours to cater for a classic situation that would fit all of the above-mentioned type arrangements. Remember, it is a means to an end and not an end in itself. Simple English wording has been incorporated.
Sample
" A The Parties wish to #### through a #### ("the Structure"). B The Parties have agreed to constitute the Structure and to contribute to the initial capital of the Structure and the ongoing capital and funding requirements of the Structure in accordance with the terms of this Agreement. C the Parties between them will hold all of the issued and allotted ordinary equity in the Structure in the ratios set out in the Schedule. D The Parties desire to enter this Agreement for the purposes of recording this Agreement as to the manner in which the Structure is to be constituted, and certain aspects as to how the business of the Structure is to be conducted, and as to the respective rights and obligations of the Parties. E This Agreement takes effect as a heads of Agreement and will remain binding on the Parties until substituted by a formal Agreement.
|
|
|
|
|
|
|
|
