Contracts

Term sheet What is a term sheet? Before the final formalization of an investment you first prepare a term sheet. A term sheet basically contains the agreements made about the amount of the investment, the share interest to be acquired and the investor’s participation. A term…

Participation agreement What is a participation agreement? A participation agreement contains the agreements about an investment in a private limited BV company. These agreements are made between the shareholders in that BV and the investor(s). In the contract you arrange, among other things, the agreements about…

Business loan agreement What is a business loan agreement? A loan agreement arranges all the legal aspects of a business loan. It covers among other things the amount to be borrowed, how much interest the debtor has to pay and how and when to repay the…

Letter of intent – share transaction What is a Letter of Intent (share transaction)? A letter of intent (LOI) is a document outlining the understanding between two or more parties which understanding they intend to formalize in a legally binding agreement. When selling a business parties…

What is a current-account agreement? Even if you borrow money from your own company, or if your operating company borrows money from your holding, it is important to record this well. For example when the company needs a bridge loan and you provide this from your…

Convertible loan agreement What is a convertible loan agreement? What is a convertible loan agreement? A convertible loan is a loan that can at some point be converted into shares. Because it is always difficult at a startup to give a realistic valuation of the company,…

Privacy Statement Starting from May 25, 2018, all businesses (including self-employed individuals and small and medium-sized enterprises) that process personal data are required to provide better information about their privacy policy. This is done through a Privacy Statement. It is legally required, helps avoid fines, and…

Why a GDPR Data processing agreement? You need a processing agreement when you have personal data processed by an external party. This external party is also known as the processor. Consider, for example, an administration office that pays the salaries for a company, or the hosting…

Cookie Statement What is a cookie statement? The cookie statement is part of the mandatory GDPR documents that you need to have if you are processing personal data. If you use cookies, you must inform the visitors of your website and ask the visitors of your…

General terms and conditions for services in the Netherlands The total price is: €200.00 ex. vat. This amount will be invoiced once this form is completed. General terms and conditions facilitate the conclusion of contracts. This is not only because you do not have to draw…

What are general terms and conditions for e-commerce? Terms for online retail of physical products is to some extent different than terms & conditions for services. These terms and conditions are designed for online retail of material objects: something you can physically hold. A service is…

Letter of notice Why a letter of notice? The total price for this letter of notice is €50,00 ex. vat. This amount will be invoiced once this form is completed. In the case of a fixed-term employment contract of at least 6 months, as an employer,…