Five Most Important Things Your Founders’ Agreement Has to Include
Yair Udi, Adv.
August 31, 2022
Founding a company is a lot like getting married. During the honeymoon period, everything looks promising for the newlywed couple,...
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Understanding ASP Loophole
Yair Udi
August 30, 2022
The GNU Affero General Public License (AGPL) is part of the GNU GPL family which includes Lesser General Public License and General...
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D&O INDEMNIFICATION AGREEMENTS
Yair Udi
August 30, 2022
Directors and Officers Indemnification Agreements intend to cover liabilities the covered persons may suffer as a result or in connection...
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Liquidation Preference: Meaning and difference between “participating” and “non-participating” liquidation preference
Yair Udi
July 13, 2022
Investors purchasing preferred stock, usually demand to have a liquidity preference mechanism, whereby their purchased stock is being cashed out...
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Right of Co-Sale
Yair Udi
July 5, 2022
Right of First Refusal and Co-Sale Agreement is one of the standard transaction agreements executed in the framework of a...
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Purpose of Valuation Cap in SAFE
Yair Udi
June 27, 2022
SAFE is an agreement used by startups mainly to raise funds during their seed financing rounds. By using a SAFE,...
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No Shop Provision in Term Sheet and its Implications
Yair Udi
June 19, 2022
A term sheet outlines the rights and obligations of parties involved in private equity transactions. Generally speaking, most term sheets...
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Why Breakup Fee clauses needed in M&A transactions?
Yair Udi
June 8, 2022
Breakup fee clause, also known as “termination fee” clause, is often included in the Letter of Intent, a Memorandum of...
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