Publications | Yair Udi

Employee Privacy Prevails: Recent Judgment Highlights Impact of Workplace Cameras on Resignation

January 30, 2024January 30, 2024 by Admin

In a recent labor law judgment dated December 12, 2023, delivered by Judge Oren Segev in the Tel Aviv Labor Areas, the placement of security cameras in the plaintiff’s work environment became a focal point leading to a resignation and, subsequently, a legal claim. Employee Resignation Triggered by Cameras The plaintiff, an office manager … Read more Employee Privacy Prevails: Recent Judgment Highlights Impact of Workplace Cameras on Resignation

Exploring Key Terms in Distribution Agreements: A Comprehensive Guide

September 19, 2023September 19, 2023 by Yair Udi

A distribution agreement serves as a contractual arrangement between a supplier and a distributor, outlining the terms and conditions for the distribution of products or software. This article delves into the essential elements of distribution agreements, providing insights into the key terms that should be included to ensure a clear understanding between the parties involved. … Read more Exploring Key Terms in Distribution Agreements: A Comprehensive Guide

The Importance of Founders’ Intellectual Property Assignment for Startup Success

August 22, 2023August 21, 2023 by Yair Udi

In the world of startups, the value of intellectual property (IP) can often be a determining factor in attracting investments and ensuring long-term growth. Founders’ intellectual property assignment agreements play a pivotal role in safeguarding a startup’s IP portfolio. This article explores why these agreements are crucial, especially for technology companies, and how they can … Read more The Importance of Founders’ Intellectual Property Assignment for Startup Success

Unveiling Concerns: Examining Section 10.4 of Zoom’s Terms of Service

August 9, 2023August 9, 2023 by Yair Udi

In the ever-evolving landscape of technology and digital communication, Zoom has emerged as a dominant force, revolutionizing the way we connect and collaborate. Zoom’s August 7, 2023 updated Terms of Service introduces a significant clause – Section 10.4 – that has raised eyebrows and sparked discussions among users and privacy advocates alike. This article delves … Read more Unveiling Concerns: Examining Section 10.4 of Zoom’s Terms of Service

Understanding SAFE Side Letters: Rights and Considerations

July 24, 2023July 24, 2023 by Yair Udi

When entering into a Simple Agreement for Future Equity (SAFE) with a lead investor, it is common or sometime requested by the investor, for additional rights to be secured through a side agreement. These side letters ensure that the lead investor has certain privileges and protections. In this article, we will explore the rights typically … Read more Understanding SAFE Side Letters: Rights and Considerations

The use of SAFEs in different industries or sectors, such as healthcare, fintech, or sustainability: How the unique characteristics of these industries may impact the terms of the SAFE

June 26, 2023June 26, 2023 by Yair Udi

The use of SAFEs in different industries or sectors, such as healthcare, fintech, or sustainability, has become increasingly popular as more and more startups look for alternative methods of funding. While the basic structure of SAFEs remains the same across all industries, the unique characteristics of each industry may impact the terms of the SAFE. … Read more The use of SAFEs in different industries or sectors, such as healthcare, fintech, or sustainability: How the unique characteristics of these industries may impact the terms of the SAFE

How to negotiate favorable terms for a SAFE investment?

June 5, 2023June 5, 2023 by Yair Udi

Investing in a startup can be an exciting opportunity, but it’s important to approach it with a critical eye and negotiate favorable terms to protect your investment. This is especially true when investing through a Simple Agreement for Future Equity (SAFE), a popular investment instrument used by early-stage startups. In this article, we’ll explore some … Read more How to negotiate favorable terms for a SAFE investment?

Israeli Tax Authority Releases Guidelines on Taxation of Investments via SAFE Agreements

May 18, 2023May 18, 2023 by Yair Udi

Introduction: In May 16, 2023, ~10 years after the first SAFE was signed, the Israeli Tax Authority (ITA) has issued guidelines regarding the tax implications of investing in companies through Simple Agreements for Future Equity (SAFE). The guidelines were prompted by a request from Israel Advanced Technology Industries (IATI), raising concerns for the hi-tech industry, … Read more Israeli Tax Authority Releases Guidelines on Taxation of Investments via SAFE Agreements

SAFEs and Economic Environments: Matching the Right Type to the Right Market

April 19, 2023April 19, 2023 by Yair Udi

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In today’s competitive startup ecosystem, raising capital is critical for a company’s growth and success. One of the most popular fundraising instruments used by startups is the Simple Agreement for Future Equity (SAFE). SAFEs have gained popularity over the years because they offer a quicker, cheaper, and simpler way of raising funds compared to traditional … Read more SAFEs and Economic Environments: Matching the Right Type to the Right Market

The Advantages and Disadvantages of Valuation Cap-Only SAFEs in a Bear Market, and Why Discounts Can Help

April 19, 2023April 13, 2023 by Yair Udi

Startups use Simple Agreements for Future Equity (SAFEs) to raise funds without the hassle of complicated valuations or equity sales. These agreements allow investors to invest money into the company in exchange for equity at a later time, usually at the time of a future financing round or exit event. One of the most common … Read more The Advantages and Disadvantages of Valuation Cap-Only SAFEs in a Bear Market, and Why Discounts Can Help

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