template

Model Shareholders and Subscription Agreement (BVCA)

by
R
Rafie Faruq
Jul, 27 2022

When to use this template

  • This document has been drafted by BVCA for use on a Series A funding round.

  • See also 'Model Articles of Association (BVCA)' and 'Model Term Sheet for a Series A Round (BVCA)'.

Key issues covered in this template

  • Share option plan
  • Information rights
  • Sale or IPO
  • Founder covenants
  • Survival and cessation of obligations of the Founders
  • Seed investment

What to watch out for

  • This template is not suitable for seed investment

144

Used by

Author

R

Rafie Faruq

@rafie43035244
British Private Equity and Venture Capital Association (BVCA)

NOVA LEGAL
GV
ss
/XYZGENE
Posch Advogados
Polarys.io
Heronshaw Group
DALC
P
D
N
L
+132 more
Technology
14%
Consultancy
13%
Finance
12%
Legal Services
11%
Education
5%
Consumer, Public & Health Services
5%
Agriculture, Forestry and Fishing
4%
Media
4%
Real Estate
4%
Construction
4%
Manufacturing
4%
Sport & Entertainment
4%
Other
3%
Retail
3%
Mining
2%
Energy
2%
Wholesale
2%
Transport
2%
Public Administration
1%
Insurance
1%

Additional information

Business categories

Business activities

Relevant sectors

Agriculture, Forestry and Fishing

Mining

Construction

Transport

Wholesale

Manufacturing

Energy

Retail

Finance

Real Estate

Consumer, Public & Health Services

Media

Insurance

Legal Services

Education

Technology

Sport & Entertainment

Consultancy

Public Administration

Other

Relevant company sizes

1 - 3

20 - 49

4 - 19

Governing law

England and Wales

Language

English UK

Gender neutral

Yes