Protect yourself legally with the following options:
Introduction of a condition precedent to the contribution to be satisfied by the company or the investor.
Possibility of issuing, selling, or buying back and reselling holdings to satisfy the investor.
Imposition of a final deadline for everything to be formalised, registered and any necessary authorisations to be obtained, subject to obligation to repay the contribution.
Stipulation of restrictions and privileges on the shares, as well as indication of the paid-up amount of the capital in the event of partial payment.
Use this contract:
To confirm a debt that has not been documented, or to make changes to the repayment.
That the debt arises from a loan or invoice, whether private or commercial, in pounds or foreign currency.
Whether the debt is interest-free, with simple or compound annual interest, or one-off interest only.
Whether or not you wish to impose additional guarantees and restrictions on the debtor.
Whether or not you wish to provide for penalties and enforcement measures in the event of late repayment.
£20/document
TRY BEFORE BUY
Jurisdiction: England and Wales
Every contract has a 100% legal guarantee. No further checks are needed