TCVN March Workshop

March 3, 2011

Selling Stock?  Make Sure You Have the Right "Strings" Attached

Entrepreneurs have always pushed the envelope.  However, many continue to sell stock to friends, family and even complete strangers without the ability to reacquire those shares and prevent them from falling into unwanted hands.

In order to protect both the corporation and its shareholders from such disruption, the corporation and its shareholders should adopt a shareholders' agreement (also known as a "buy-sell" agreement). The primary reasons for entering into a shareholders' agreement are to provide for the disposition of the corporation's shares upon one of a series of so-called "triggering events," to value the shares in such event and to restrict voluntary transfers of shares to third parties.

Failure to provide a mechanism for transferring shares on the occurrence of any such triggering event could enable the shareholders to transfer shares to a third party (perhaps, even a competitor) without restriction.

What Will We Will Discuss? What Can I Learn?

• What a shareholders' agreement is designed to protect against
• What are the basic elements of a shareholders' agreement
• How to properly issue stock in your company
  
  

Who Should Attend?

• Entrepreneurs who have sold or are considering selling stock in their company.
• Professionals who advise emerging growth companies.

Your Host(s) For This Workshop

Bart Greenberg
HaynesBoone
Chair Emeritus, TCVN

Bart is a partner is the Orange County office of Haynes and Boone, where he practices general corporate law with an emphasis on mergers and acquisitions, debt and equity financings and the cost-effective representation of entrepreneurs, start-ups and emerging technology companies.

Protect Your Company and Register today!

$35 for non-TCVN Members pre-registration

$45 at the door/day of event

FREE for TCVN Members!