A Shareholders Agreement For A Tech Startup – Part II

The startups' yellow brick road to success is most often paved with a well-written shareholders agreement (SHA). An SHA can, along with the startup's articles of association, be classified as the constitution of the startup.

In Nordic Law's previous post, we presented three key topics that should be kept in mind when the founders of a startup are drafting a shareholders agreement (SHA).

In this part, which was originally published as a guest blog post on Arcticstartup's webpage, we will focus on other key issues that are equally important when drafting an SHA: The protection of intellectual property rights; Confidentiality, non-competition and non-solicitation clauses; as well as The material breach of the SHA.