Archives: Wissensdatenbank

Definition and legal basis: A foundation is a legally independent organization that serves to permanently pursue a purpose defined by the founder with the help ...

Definition and legal basis: The partnership limited by shares (KGaA) is a hybrid legal form of German company law that combines elements of the limited ...

A Sponsored Research Agreement (SRA) is a contract under which a company or organization funds the conduct of specific research by a research institution or ...

A Research Collaboration Agreement (RCA) is a contractual agreement between research institutions, universities and/or companies to carry out joint research projects. This type of cooperation ...

A no-solicitation clause, also known as a non-solicitation provision, is a contractual provision commonly used in business purchase agreements, merger agreements and other commercial transactions. ...

A Joint Development Agreement (JDA) is a contractual agreement between two or more parties to jointly develop a new product, technology or service. This type ...

A reverse break-up fee is a contractual provision in mergers and acquisitions (M&A) in which the buyer undertakes to pay a fixed sum to the ...

A white label agreement is a contractual agreement between two companies in which one company (the manufacturer) produces a product or service that is then ...

A break-up fee, also known as a termination fee, is a contractual provision in mergers and acquisitions (M&A) that requires a party to pay a ...

An earn-out is a contractual clause in company sales or mergers that links part of the purchase price to the future performance of the company ...

A go-shop provision is a clause in mergers and acquisitions (M&A) that allows the seller or target company to actively search for alternative, potentially better ...

A fiduciary out clause, often referred to simply as a "fiduciary out", is a contractual provision in mergers and acquisitions (M&A) that allows the board ...

A Material Adverse Change (MAC) clause, also known as a Material Adverse Effect (MAE) clause, is a contractual provision often used in company purchase agreements, ...

A no-shop clause, also known as a no-shop provision or exclusivity clause, is a contractual provision often used in corporate transaction agreements, particularly in mergers ...

Non-Participating Preferred, also known as Straight Preferred, is a form of preferred stock commonly used in startup and venture capital financing. Unlike Participating Preferred, this ...

A key man clause, also known as a key person clause, is a contractual provision used in various business agreements, particularly investment and insurance contracts. ...

Participating preferred, also known as participating preferred stock, is a special form of preferred stock commonly used in startup and venture capital financing. This class ...

The term "bad leaver" is used in the context of startup companies and participation agreements to describe scenarios in which a founder, employee or investor ...

Post-money valuation is a fundamental concept in startup financing and refers to the value of a company immediately after an investment or financing round. It ...

The term "good leaver" is used in the context of startup companies and participation agreements to describe scenarios in which a founder, employee or investor ...