An asset purchase agreement (APA) is a legal document that contains the terms and conditions of a sale and purchase of assets between a buyer and a seller. This agreement is commonly used where a company is buying or selling a business, which may be its entire business, made up of its assets, liabilities and staff. If you are in need of legal advice for a asset purchase agreement book a free introductory call with a commercial solicitor from JPP Law. We

Starting a business is an exciting and challenging journey, and it’s important to have a solid foundation in place from the very beginning. One crucial aspect of this foundation is a founders agreement. What is a Founders Agreement? A founders agreement is a legally binding contract between the founders of a business, which is often entered into before the startup company is incorporated. It outlines the roles, responsibilities of each founder, as well as ownership of intellectual property developed for

Heads of Terms and Negotiations A crucial early stage of many transactions is the heads of terms, also known as the memorandum of understanding, which are often attached to a letter of intent. Heads of terms are often used in significant commercial contracts and transactions and play a crucial role in the negotiation process. Heads of Terms are commonly used as a stage during a commercial transaction, including: Business sales and acquisitions Funding Rounds and Investment agreements Joint ventures Licensing

A share purchase agreement (SPA) is a legal contract that outlines the terms and conditions of the sale and purchase of shares in a company. It is a crucial document in any share acquisition transaction, as it sets out the rights and obligations of both the buyer and the seller.

If you’re a startup founder or an employee or other team member at a startup, you’ve likely heard of vesting and vesting agreement. But what exactly is vesting and why are vesting arrangements so  important?  What is Vesting?  Startups and scaleups often offer shares or options (‘equity’) to team members as an alternative to or in addition to payment in cash.  Vesting is the process by which the team member gains full ownership of the equity such that the company

In the dynamic world of startups and entrepreneurship, securing funding is a crucial step towards success.  One of the most common ways for startups to raise capital is through funding rounds. These involve investors purchasing shares in the company. However, as the startup landscape has evolved, so have the methods of funding. In recent years, advanced subscription agreements (ASAs) have emerged as an innovative alternative or addition to traditional funding rounds. In this article, we will explore the relationship between

When it comes to startups, shareholders agreements and funding rounds, vesting is a term that often comes up. But what about reverse vesting? It is an important approach to vesting for founders and employees or other team members to understand. What is the difference between Vesting and Reverse Vesting? Vesting is a process in which a company’s founders or team members are required, to in effect, earn their shares over a period of time, rather than receiving them up front.

Any organisation that enters into an agreement for products or services with a third party requires a robust set of terms and conditions.

Our employment documents ensure employer and employee are aware of their rights and obligations and when employment problems arise, we will help to reach an agreement efficiently and cost effectively.