All companies must have constitutions so that the three key stakeholders—shareholders, directors, and the company itself—know each party’s rights and obligations to the others. The articles of association (often simply called ‘the articles’) will likely specify most of these rights.
Different investors may want different kinds of rights in the company, such as the right to get the first dibs on dividend payments or the right to vote at a shareholder meeting. You can therefore create different classes of shares to reflect the different rights equity investors have in the company.
This Articles of Association template is suitable for English and Welsh companies with multiple share classes.
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including this Articles of Association | Multiple Share Classes. Our membership also provides unlimited legal advice
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This Articles of Association template contains a number of
sections, including:
Share capital
Issue of new Securities
Transfer of Securities
Agreed Market Value
Directors
Decision making by shareholders
Administrative arrangements
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Articles of Association | Multiple Share Classes
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