Why are the Term Sheet and the Shareholders’ Agreement extremely important documents for every startup and how can they significantly affect future investments and business of your startup? Are you interested in what are the negative consequences of not having these agreements, and which clauses should be a red light for founders?

Join us on April 24, from 3 p.m. at STP Belgrade, at the workshop Term Sheet & Shareholders’ Agreement – Legal Pitfalls and Challenges. Igor Živkovski, legal advisor to multinational clients, as well as to many startups in Serbia, will talk about this topic. He has been practicing law since 2010, he is a partner at the Moravčević, Vojnović and Partners Law Office in cooperation with Schoenherr.

Applications are mandatory and open at this LINK.

Why should you join us and what will be discussed at the workshop?

Shareholder agreements – establishment and functioning of a startup before investment as preparation for raising rounds:

– the agreement between the founders and why it is needed;

– the differences between the memorandum of incorporation and the agreement between the founders;

– the negative (legal) consequences of not having this agreement;

– how it is treated by domestic legislation, and how by the investors;

– examples of good practice in drafting these agreements.

Term sheet agreements – entering funding rounds:

– what legal due diligence means;

– what aspects a good term sheet should have;

– how binding this document is;

– how a poorly defined/set up term sheet blocks subsequent rounds or creates legal problems;

– differences in key aspects from the perspective of ordinary law for a term sheet signed here (in Europe) or in the USA (if there are any provisions that are interpreted differently, pitfalls to be aware of, etc.).

The Science Technology Park Belgrade organizes this workshop as part of the activities of the project “Technopark Serbia 2 – Boosting Export through Technoparks” carried out by STP Belgrade with the support of the Government of Switzerland.