Having an exit plan at the birth of a business is vital as is understanding the likely requirements of investors and purchasers when the founders exit. This session will cover the key questions that should be asked by founders in the context of preparing shareholders' agreements and the practical steps that should be taken to ensure that the business is attractive to investment and purchase.
The seminar will cover:
(i) planning for exit in the shareholders' / founders agreement
(ii) impact of exit on share options and vesting
(iii) unacceptable terms in investment documentation that can limit/ preclude exit
(iv) practical steps that increase sale/investment value
(v) the likely terms of an exit and how to limit the risk on exit
(vi) good leaver / bad leaver provisions
(vii) impact of death of a founder
The seminar will start at 6.30pm and will be followed by an FAQs session.