Founder Vesting in France: How to Make Progressive Vesting and the Transfer Back of Shares Legally Sound
Vesting makes a founder’s right to keep all of their shares conditional on their continued presence in the company over a defined period.
Startup Founder Holding Structure in France: Holding Company or Direct Ownership?
Holding shares through a personal holding company is often relevant for founders who anticipate a sale: contribution-and-sale, reinvestment, costs and conditions to meet.
What Counts as a Bad Leaver? How to Define the Managing Shareholder’s Fault
In a shareholders’ agreement, the bad leaver clause is the one providing that a shareholder who leaves the company in circumstances considered wrongful or disloyal will have their shares bought back on unfavourable terms, often well below market value. It is the counterpart of the good leaver clause, which gives fair treatment to a shareholder […]
How to Remove a Minority Shareholder Who Harms Your Start-up in France
French law recognises no general right to exclude a shareholder: exclusion is only possible if it has been provided for contractually…
How to Assign Founders’ Source Code to the Company in France
Assigning the source code developed by the founders to their company requires a written deed, in their name, that complies with the French Intellectual Property Code.
