51Ƶ

Founders Stock Purchase Agreement Template for Switzerland

A Swiss Founders Stock Purchase Agreement is a crucial legal document that formalizes the purchase of company shares by founding shareholders in accordance with Swiss corporate law, particularly the Swiss Code of Obligations (OR/CO). This agreement outlines the terms and conditions of the share purchase, including purchase price, vesting schedules, transfer restrictions, and founder obligations. It ensures compliance with Swiss regulatory requirements while protecting both the company's and founders' interests through detailed provisions on share rights, restrictions, and responsibilities. The document typically includes specific Swiss law considerations such as share transfer restrictions (Vinkulierung) and minimum capital requirements.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With Genie AI:

£0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Founders Stock Purchase Agreement?

The Founders Stock Purchase Agreement is essential in Swiss company formations and early-stage corporate structuring. It is primarily used when establishing a new company or formalizing the shareholding arrangements of founding members in an existing company. The agreement ensures compliance with Swiss corporate law requirements, particularly the Swiss Code of Obligations, while documenting the terms of share purchases by founders. It covers crucial elements such as share pricing, vesting conditions, transfer restrictions, and founder commitments. This document is fundamental in establishing clear ownership rights and obligations, protecting both the company and founding shareholders, and creating a solid foundation for future corporate governance and potential investment rounds. The agreement typically works in conjunction with the Articles of Association and any Shareholders' Agreement, forming a comprehensive framework for corporate relationships and share ownership.

What sections should be included in a Founders Stock Purchase Agreement?

1. Parties: Identification of the company and the founding purchaser(s)

2. Background: Context of the agreement, including company formation details and purpose of the stock purchase

3. Definitions: Key terms used throughout the agreement

4. Purchase and Sale of Shares: Details of shares being purchased, including number, class, and nominal value

5. Purchase Price: Specification of purchase price per share and total consideration

6. Closing: Timing and mechanics of the share purchase transaction

7. Representations and Warranties of the Company: Company's confirmations regarding its authority, share status, and corporate matters

8. Representations and Warranties of the Purchaser: Founder's confirmations regarding capacity, understanding, and compliance

9. Share Transfer Restrictions: Limitations on transfer of shares (Vinkulierung) and right of first refusal provisions

10. Vesting Provisions: Schedule and terms of share vesting, including any cliff period

11. Founder Commitments: Obligations of the founder including time commitment and non-competition

12. Termination: Circumstances under which the agreement can be terminated and consequences

13. General Provisions: Standard clauses including notices, amendments, governing law, and jurisdiction

What sections are optional to include in a Founders Stock Purchase Agreement?

1. Intellectual Property Assignment: Required when founders need to explicitly transfer pre-existing IP to the company

2. Tag-Along Rights: Include when founders want the right to join in sales by other shareholders

3. Drag-Along Rights: Include when majority shareholders want the right to force minority shareholders to join in a sale

4. Board Representation: Include when specific board representation rights are granted to founding shareholders

5. Reverse Vesting Provisions: Include when the company wants the right to repurchase shares if a founder leaves

6. Non-Disclosure Provisions: Include when confidentiality is not covered in a separate agreement

7. Special Shareholder Rights: Include when founders are granted specific voting or dividend rights

8. Registration Rights: Include when contemplating future public offering or listing

What schedules should be included in a Founders Stock Purchase Agreement?

1. Schedule A - Share Details: Detailed information about the shares being purchased, including share numbers and certificate details

2. Schedule B - Vesting Schedule: Detailed timetable and terms of the vesting arrangement

3. Schedule C - Capitalization Table: Complete breakdown of company shareholding pre- and post-purchase

4. Schedule D - Company Information: Key company details including registration number, registered office, and board members

5. Appendix 1 - Form of Share Certificate: Template of the share certificate to be issued

6. Appendix 2 - Articles of Association: Current version of the company's articles of association

7. Appendix 3 - Board Resolution: Copy of board resolution approving the share issuance

8. Appendix 4 - Shareholders' Agreement: If applicable, reference copy of the shareholders' agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Switzerland

Publisher

Genie AI

Cost

Free to use

Find the exact document you need

Simple Share Sale Agreement

A Swiss law agreement for the straightforward transfer of shares between parties, containing basic terms and warranties suitable for uncomplicated transactions.

Download

Founders Stock Purchase Agreement

A Swiss law-governed agreement documenting the purchase of company shares by founding shareholders, including terms, conditions, and regulatory compliance requirements.

Download

Simple Stock Purchase Agreement

A Swiss law-governed agreement for the sale and purchase of company shares, outlining key transaction terms and transfer requirements.

Download

Simple Share Purchase Agreement

A Swiss-law governed agreement for the basic transfer of shares between parties, outlining essential terms and conditions under Swiss legal requirements.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it