Share Investment Agreement (Services) - Accompanying Shareholder Resolutions

These Shareholder Resolutions are complementary to the Share Investment Agreement (Shares for Services) and should be passed prior to the completion of the investment proposed under that agreement.

Under the Share Investment Agreement (Shares for Services), the investor proposes to “invest” his time and expertise in the provision of a particular service to the company, following the successful completion of which, the investor will receive shares in the company. Once the company is satisfied with the provision of the services, the company will need to pass various resolutions in order to issue the shares to the investor, including:

• authorising the directors to allot shares to the Investor under section 551 of the Companies Act 2006; and

• allowing the directors to allot the above shares free from any pre-emption rights.

These resolutions should be passed as written resolutions.

This document is in open format. Fields should be completed and wording in square brackets is optional and can be deleted or retained according to requirements.

Once you have subscribed to the Corporate Document Folder click on the “Download Document” button below. You will be asked what you want to do with the file. It is recommended that you save the document to a location of your choice prior to viewing.

Share Investment Agreement (Services) - Accompanying Shareholder Resolutions is part of Corporate Documents. Just £35.00 + VAT provides unlimited downloads from Corporate Documents for 1 year.