FOUNDERS AGREEMENT:

A founders agreement forces co-founders to hash out the often difficult and controversial details in the early stages of the company so that the company is primed for success. Most importantly, there are several confidential issues to keep in the agreement so that the idea is not stolen or brought to the wrong hand.

TIP: The most important provisions are the role and responsibilities of each founder and the vesting schedule.

*Questions about this agreement?

Get personalized answers about this agreement from top Lawyers 

Message us on Facebook
Or Login to your Portal

 PARTNERSHIP AGREEMENT:

A partnership agreement details the relationship between business partners and their individual obligations and contributions to the partnership. Moreover, A partnership agreement is a must to start a partnership business in Bangladesh. It is highly recommended to register your partnership firm with the Company House in Bangladesh.

TIP: An unregistered partnership firm has weak legal standing to go to the court if any situation arises among the partners or the third party. Besides, an unregistered partnership firm is less likely to get a bank loan. One must comply with the rules & regulations of the partnership firm while they prepare the agreement & apply for Company House for approval.

*Questions about this agreement?

Get personalized answers about this agreement from top Lawyers 

Message us on Facebook
Or Login to your Portal

 INVESTMENT TERM SHEET

If you think of the ongoing relationship between you and an investor as a marriage, then you can regard the term sheet as the prenuptial agreement, whether the term sheet is with an angel investor or a venture capital investor (VC).

TIP: The term sheet is the document that outlines the terms by which an investor (angel or venture capital investor) will make a financial investment in your company. Term sheets tend to consist of three sections: funding, corporate governance, and liquidation.

• A venture capital (VC) term sheet is a statement of the proposed terms and conditions for a proposed investment.
• Most of the terms are non-binding, except for certain confidentiality and exclusivity rights.
• Founders who receive a term sheet need to understand, from a legal perspective, how to manage the process.
• Key provisions of a  term sheet include: investment structure, key economic terms, shareholder agreements, due diligence, exclusivity and closing.

You MUST consult a lawyer while you go through this complicated process.

*Questions about this agreement?

Get personalized answers about this agreement from top Lawyers 

Message us on Facebook
Or Login to your Portal

 SHAREHOLDERS’ AGREEMENT (SHA)

A shareholders agreement is a contract negotiated by the shareholders of a company outside the Companies Act to govern their relationship and business arrangements, detail their rights, responsibilities, obligations, and liabilities, and protect their interests — with regard to their particular circumstances. It regulates matters not covered by a company’s constitution and is therefore supplementary to a company’s constitution.

TIP: This agreement requires compliance with the Article of Association of the company & other rules of the government. Non-compliance may null those business terms and leave the party less protected or sometimes deprived of their long-standing rights. 

*Questions about this agreement?

Get personalized answers about this agreement from top Lawyers 

Message us on Facebook
Or Login to your Portal

 SHARE TRANSFER/PURCHASE AGREEMENT (SPA)

A transfer of shares or share purchase agreement requires some background check in regards to the approval arising from the article of association & the prevailing rules and regulations connected to the concerned transfer.

The core elements of a Share Transfer Agreement include: Background, the definition of Transfer Shares, the definition of Consideration Shares, Date of Transfer, Purchase Price, Payment, Liability, Creditors, Representations and Warranties, and Closing.

A Share Transfer Agreement used in a “rollover” can include Necessary Acts, Tax Elections and Filings, Price Adjustment, Power of Attorney.

TIP: The transfer is also subjected to: Shareholders’ Resolution – in privately held companies a resolution of the shareholders approving the transfer of the shares might be required. Directors’ Resolution – the share transfer will need to be ratified by the directors of the corporations whose shares are transferred. Minute Book – this is where the corporate records are kept. Subscription Agreement – an agreement for the purchase of shares between a person buying shares and the corporation issuing the shares

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

 DUE DILIGENCE REPORT 

Are you a startup company & need a Due Diligence Report to present to your investors?

This report brings close checking up of the documents, deeds, and records, capital and shareholding structures, credit standing, valuation of assets, intellectual property, filings etc. through unique integrated approach.

We help startups in understanding the strengths and weaknesses of a target company whether in terms of M&A, potential contractual relationship or direct takeover. Our professionals conduct through research on the corporate and compliance standing of a company in addition to the internal state of the target company. 

TIP: Corporate due diligence is of paramount importance and highly prescribed before entering into any major transaction with a target company and share our clients’ ambitions in minimizing their risk exposure enabling them to make practical and strategic decisions with a full depiction of the underlying facts.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

 FLAT/RENT LEASE AGREEMENT:

This type of agreement specifies the terms and conditions between the landlord and the leaseholder. The agreement usually defines the place, the period of the lease, fare & other crucial rights and responsibilities associated with the projected place. Besides, you must have a lease agreement to get trade license.

TIP: A lease agreement may be a more thorough contract to utilize if you’re going to host your business with your detailed rights and responsibilities negotiated with the landlord. The contract should be used early on lest no unusual situation arises in future and it is not triggered due to the unvetted lease agreement.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

 NON-DISCLOSER AGREEMENT (NDA)

An NDA is a legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others.

TIP: Provisions in an NDA must be narrowly tailored to serve the legitimate interests of a business as overreaching can result in the agreement being invalidated.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

 NON-COMPETE AGREEMENT

A non-compete agreement is a contract between an employee and employer that restricts the employee’s ability to engage in business which competes with his/her current employer.

TIP: Courts consider a number of factors to determine the reasonableness of the non-compete agreement when there is a legal dispute surrounding one.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

 INDEPENDENT CONTRACTOR AGREEMENT:

An independent contractor agreement details the working relationship between a business and a consultant. It’s important for an employer to detail the relationship in order to avoid a costly dispute down the road.

TIP: The repercussions for incorrectly classifying a worker as an independent contractor are numerous and substantial.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  EMPLOYMENT OFFER LETTER

An offer letter is a step closer to working for a new employer as it lists the basic terms of the employment position offered by a company.

TIP: For employers, it’s crucial to include the right terms because the offer letter can serve as the foundation of the working relationship for many years.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  EMPLOYMENT AGREEMENT

An employment agreement is a binding contract between an employer and employee. It’s helpful to use this agreement if you are hiring a new employee and want to specify rights and obligations like salary, benefits, and hours.

TIP: Although an employment agreement isn’t required, relying on an oral agreement with your employees can cause problems.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  EMPLOYEE TERMINATION LETTER:

A termination letter is a must for ending an employment relationship while setting forth the details and reasons for the termination and specifying the exit procedures. This letter should be drafted cautiously complying the labour law to avoid litigation. The letter should be clear and concise and include all relevant information about the arrangement. A well-crafted letter can help protect employers from future lawsuits resulting from the termination.

TIP: If the employee has an employment contract with an employer, the employer should account for any obligations under that agreement before terminating the employee.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  INTELLECTUAL PROPERTY ASSIGNMENT AGREEMENT:

This IP assignment agreement is intended to protect a company’s intellectual property rights in works created or developed by an employee or contractor.

TIP: Within the agreement, it’s important to ensure you own the property you’re assigning and to define the meaning of “relevant work” for assignment purposes.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  CEASE & DESIST LETTER:

Cease and desist letters are used by businesses as a way to protect their trademark. It’s advisable to send this type of letter to another business or person who is infringing on your trademark.

 TIP: Include as many details as possible in your letter regarding your first use and registration of the trademark.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  RELEASE OF LIABILITY:

A release is a legal document between two parties — the person promising not to sue and the person or company who is potentially liable. This document can cover broad claims that are filed in common dispute cases.

TIP: It’s important that the releasing party is fully aware of his / her rights.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  TERMS OF SERVICES:

Terms of service govern the behaviour of a user when they use your website. The terms provide your company with a framework to restrict or terminate users’ access if they violate the contract. E-commerce & User-based website must have this agreement to legally comply with the Govt. rules & to secure better protection if a user brings any claim against the company.

TIP: It’s crucial to structure your terms so they represent your company, and not settle for a template that could be missing key components for your individual circumstance.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  PRIVACY POLICY

A privacy policy discloses how a website gathers, uses, discloses and manages a user’s data. This policy is so important that it’s required by law of Bangladesh for websites that collect user data.

TIP: If a business fails to follow its privacy policy then it can face lawsuits, legal fees, and/or fines.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  WEBSITE LINKING AGREEMENT

A Website Linking Agreement sets out terms for a business that permits a licensee to link to its website and display its trademarks on the licensee’s website. It is used as a preventative device to avoid later disputes between the websites.

TIP: A webmaster may want to include a disclaimer on its website to minimize liability for any activities that occur when a visitor is taken to a linked website

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  SALES AGREEMENT

A sales agreement lets both parties know what to expect during the sale of goods or services. It helps parties better understand the details of the agreement while minimizing the chances of a dispute later on.

TIP: Courts often hold merchants who have more experience and knowledge to a different standard than normal consumers.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  SERVICE AGREEMENT

A service agreement is used between two people or businesses where one agrees to provide a specified service to the other. This agreement should clearly set out the rights and obligations of both parties, along with clear terms of the agreement to prevent potential disputes from arising.

TIP: Include a “time is of the essence” clause if the performance must be completed by a specific date and time.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  GENERAL CORPORATE RESOLUTION

Resolution is a declaration from a company’s board of directors authorizing company representatives to take certain actions.

TIP: In some states, the board of directors may use a resolution to waive formal notice of a meeting and unanimously consent to not hold required meetings.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  DEMAND LETTER

A demand letter is a formal notice to a person/company that they owe a sum of money from a past transaction. They are used in business because they serve to avoid expensive litigation.

TIP: Failing to respond to a demand letter may constitute an admission by silence.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  LETTER OF INTENT

A letter of intent is used to notify potential partners about your interest in developing a business relationship. A letter of intent outlines the material terms and conditions of the proposed agreement.

TIP: A letter of intent doesn’t create a legally enforceable agreement between the parties.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  MEMORENDUM OF UNDERSTANDING (MOU)

An MOU describes an agreement between two or more parties. It often is the first stage in the formation of a formal contract and it lists the expectations between the parties as they work together toward a common objective. TIP:

An MOU can be a binding contract, but it depends on a number of factors.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  JOINT VENTURE AGREEMENT (JVA)

A joint venture agreement describes an arrangement between two companies attempting to form a new entity to their mutual benefit. It sets out the rights and obligations of both the parties.

TIP: The resources committed by the parties need to be accurately defined, such as monetary contributions and who will be responsible for the day-to-day management, whether the terms are in compalintce with rules & regulations etc.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  CONSULTING  AGREEMENT 

A consulting agreement is between a consultant and a client who wish to retain certain services of the consultant for a specified time and rate.

TIP: This agreement can include non-solicitation and non-competition provisions, which restrict the consultant from competing unfairly or soliciting from customers.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  ORGANIZATION MEETING MINUTES

Meeting minutes keep an official record of what was done or talked about at formal meetings, including any decisions made or actions taken. They are recorded during a formal meeting of the board of directors or shareholders of a corporation, such as annual meetings.

TIP: Minutes are for internal use only. However, few of them may require to be filed with the Company House.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal

  COLLABORATION AGREEMENT

This type of agreement specifies the terms and conditions between two parties that team up on a product or company, including the type of work they plan to undertake together, the allocation of responsibilities, and how any profits may be divided.

TIP: A founders agreement may be a more thorough contract to utilize if you’re going to launch a startup with someone. This contract should be used early on and/or for a particular product or promotion.

*Questions about this agreement?

Get personalized answers about this agreement from top startup Lawyers 

Message us on Facebook
Or Login to your Portal