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Business Ownership Agreement

Business Ownership Agreement Template for Netherlands

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Key Requirements PROMPT example:

Business Ownership Agreement

"I need a Business Ownership Agreement for a tech startup in Amsterdam with three co-founders, where two founders will have 40% ownership each and the third founder will have 20%, including specific provisions for intellectual property rights and future investment rounds."

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Document background
The Business Ownership Agreement is essential for any multiple-owner business structure operating under Dutch law. This document becomes particularly crucial when establishing or restructuring business ownership arrangements in the Netherlands, whether for new ventures, existing business reorganizations, or when bringing in new owners. It comprehensively addresses ownership stakes, voting rights, profit distribution, management responsibilities, and exit strategies while ensuring compliance with Dutch corporate regulations, including the Dutch Civil Code (Burgerlijk Wetboek) and Commercial Code (Wetboek van Koophandel). The agreement serves as a critical tool for preventing future disputes by clearly defining all aspects of the business relationship between owners, including decision-making processes, capital contributions, and transfer restrictions.
Suggested Sections

1. Parties: Identification of all business owners and their contact details

2. Background: Context of the agreement, including business description and purpose

3. Definitions: Definitions of key terms used throughout the agreement

4. Business Structure and Ownership: Details of business legal structure, ownership percentages, and initial capital contributions

5. Management and Decision Making: Governance structure, voting rights, and decision-making processes

6. Capital Contributions: Rules regarding initial and additional capital contributions

7. Profit and Loss Distribution: Method of distributing profits and losses among owners

8. Transfer of Ownership: Rules and restrictions regarding the transfer of ownership interests

9. Exit Provisions: Procedures for owner exit, including buy-out terms and valuation methods

10. Confidentiality: Obligations regarding confidential information

11. Non-Competition: Restrictions on competitive activities

12. Dispute Resolution: Procedures for resolving disputes between owners

13. Amendment and Termination: Process for modifying the agreement and conditions for termination

14. Governing Law: Specification of Dutch law as governing law and jurisdiction

Optional Sections

1. Intellectual Property Rights: Required when the business owns or develops significant IP

2. Employee Matters: Needed when owners have specific roles as employees

3. International Operations: Include when business operates across multiple jurisdictions

4. Family Succession Planning: Important for family-owned businesses

5. Digital Assets Management: Required when business has significant digital assets

6. Environmental Compliance: Necessary for businesses with environmental impact

7. Real Estate Holdings: Include when business owns or operates real estate

8. Special Voting Rights: Required when implementing different classes of ownership

Suggested Schedules

1. Schedule 1 - Initial Capital Contributions: Detailed breakdown of each owner's initial capital contributions

2. Schedule 2 - Ownership Structure: Detailed ownership percentages and share classes if applicable

3. Schedule 3 - Business Plan: Initial business plan and strategic objectives

4. Schedule 4 - Valuation Method: Agreed methodology for business valuation

5. Schedule 5 - Key Assets: List of major business assets and their ownership status

6. Appendix A - Management Structure: Organizational chart and management responsibilities

7. Appendix B - Reserved Matters: List of decisions requiring special majority or unanimous consent

8. Appendix C - Deed of Adherence: Template for new owners joining the business

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




































Clauses



































Relevant Industries

Technology

Manufacturing

Professional Services

Retail

Real Estate

Healthcare

Hospitality

Construction

Financial Services

Agriculture

Energy

Transportation

Media and Entertainment

Education

Relevant Teams

Legal

Executive Leadership

Corporate Governance

Compliance

Finance

Business Development

Corporate Affairs

Investment

Administration

Risk Management

Relevant Roles

CEO

Managing Director

Business Owner

Company Director

Chief Legal Officer

Corporate Lawyer

Business Development Manager

CFO

Company Secretary

Partner

Shareholder

Board Member

General Counsel

Compliance Officer

Investment Manager

Corporate Governance Officer

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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