Encyclawpedia

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
article
contract

The UK Trade Mark Registration Process – Step by Step Guide

1.  You submit your application to the UK Intellectual Property Office (UKIPO) via https://www.gov.uk/how-to-register-a-trade-mark; 2.  The UKIPO reviews your application and determines whether or not your mark is capable of being registered as a valid trademark (see “Confirm your Brand...

TAGS: article

Access: Open Access

Co-Founder Agreements – Why, How and What?

Why do co-founders need a co-founder agreement? Co-founders need co-founder agreements to ensure smooth operations and harmony within their business. How do co-founder agreements achieve this? The co-founder agreement creates and fixes a set of rules for future decision-making so...

TAGS: article

Access: Open Access

11 Key Points for Co-Founder Agreements

If you want to enter into a co-founder agreement with your co-founder then that is great news. It means you are both/all committed to having a professionally regulated relationship, even if you are close friends or family, and it is...

TAGS: article

Access: Open Access

Quick Guide to Reverse Vesting for Co-Founders

REVERSE VESTING DEFINITION Reverse Vesting = the process by which the right to continue holding Shares is earned in agreed proportions over an agreed period. (e.g. in a sentence – Adam left the business after 2 years, and so only...

TAGS: article

Access: Open Access

Welcome to Legal Sidekick

Hello and thanks for visiting Legal Sidekick and entrusting as with your startup “legals”. Email hey@legalsidekick.com for information or call +447815738894 during standard working hours. Explore our site and let us know your thoughts!...

TAGS: article

Access: Open Access

How to register a company on Companies House

So you’ve got your business idea, you’ve got your vision, what’s next? Get registered. Here’s our guidance – it’s not absolutely everything in the known universe about registering a company. It’s the basics we think you should know to get...

TAGS: article

Access: Open Access (Membership needed for Templates)

Share Certificate Template

Download this share certificate template and use as your formal share certificate which you give to all shareholders to represent that they hold shares in your company – including founders, other shareholders, investors or employees who have exercised share options....

TAGS: article

Access: Open Access (Membership needed for Templates)

Shareholder Register Template

Download this shareholder register template and use as your internal tracker for all shares in your company. It is actually a statutory requirement that all companies keep one of these registers so make sure you do it! Notes from Legal...

TAGS: article

Access: Open Access (Membership needed for Templates)

How to set up an EMI Scheme, Quick Step by Step Guide

This free guide is intended to help you set up your own EMI Scheme for . Other similar guides can be downloaded from the Encyclawpedia. Contact us directly if you want to discuss setting up your EMI Scheme. Share options...

TAGS: contract

Price: £0

Understand Company Shares – Own, Transfer, Issue, Manage

So, nobody is saying you need to be an expert on company shares, all their different types, variations and nuances. As a startup founder, you should just know the key basic principles of what shares are, and how you transfer,...

TAGS: article

Access: Open Access (Membership needed for Templates)

Share Transfer Form: A Completed Example (so you know how to do it)

You use a share transfer form (aka a stock transfer form) to transfer shares in a company. The form itself does not need to be registered at Companies House, but you do need to include the reference to the transfer...

TAGS: article

Access: Open Access (Membership needed for Templates)

Share Transfer Form – Word Document Download

Here is a word document version of a blank share (or stock) transfer form which you can use for transferring shares in a company. For information and guidance on how to transfer shares, see our guide here. For more information...

TAGS: article

Access: Open Access (Membership needed for Templates)

How to transfer company shares for nominal value (UK)?

You can transfer shares for nominal value when you want to gift them to someone or something (e.g. a family member or friend, or a family trust), if giving away shares to a co-founder in very early stages of the...

TAGS: article

Access: Open Access

How to issue shares (UK) – The Basic Process

This is a summary guide to the process of issuing shares. We can help guide you through this process and explain any areas which you are unsure on. Typically, issuing shares should be done in the context of investments and...

TAGS: article

Access: Open Access

Share Issue Form (SH01): Worked Example (so you know how to do it)

You use a share issue form called an SH01 to formally issue shares in a company (e.g. after going through an investment process, and reaching the point where you need to give investors their shares). You fill in the form...

TAGS: article

Access: Open Access (Membership needed for Templates)

Shareholder Written Resolution Template/Example – use to get shareholder approvals

Shareholder Written resolutions allow shareholder decisions to be made without having to hold shareholder meeting – you can just email them the resolution detailing the matter at hand as shown in the template and ask them to return a signed...

TAGS: article

Access: Open Access (Membership needed for Templates)

GDPR – What Do We Actually Need To Do?

We understand that GDPR can be a bit daunting – so as part of our Legal Sidekick GDPR series (click on GDPR in the Encyclawpedia to access), we have tried to distill it into 4 key areas below for you...

TAGS: article

Access: Open Access

Top 5 Need To Know Things About Being a Company Director

In order to keep this brief, we’re going to call this the top 5 need-to-know things about being a company director. If you need the full spiel, then feel free to reach out: The Top 5 Need to Knows About...

TAGS: article

Access: Open Access

Quick Guide to GDPR Compliance for Startups

Here is a quick GDPR guide for startups which we’re writing to try and summarise the things which a startup/entrepreneur should actually know about it when it comes to data privacy.   The Law GDPR = the general data protection...

TAGS: article

Access: Open Access

GDPR Compliance Framework

We built our GDPR compliance framework model to give you a clear to-do list and starting point when assessing your GDPR compliance. If you would like to discuss any aspect of it, please reach out to us and we can...

TAGS: article

Access: Open Access (Membership needed for Templates)

Customer T&Cs – 10 Things You Should Be Considering

One thing that we often notice with startup clients is that they tend to underestimate the extent of what their app or online T&Cs need to cover – there are a lot of commercial business decisions which need to be...

TAGS: article

Access: Open Access

App or Web App T&Cs Questionnaire (by Accelerate Law)

If you are developing a new app or web app, then likely you will need professional customisation and support to prepare your T&Cs as they will be unique to your business – an online template is unlikely to suffice. We...

TAGS: article

Access: Open Access (Membership needed for Templates)

How to set up an EMI Share Option Scheme – Step by Step Guide

Share options enable you to grant a portion of ownership in your business to staff, which is a brilliant way to incentivise them and improve overall job satisfaction. For employees, the UK government has created a tax efficient way to...

TAGS: article

Access: Open Access (Membership needed for Templates)

What is the process of registering a trademark (once I have prepared my application)?

Other than actually figuring what what you should trademark, or the content of the application, this is a summary of the process starting from when you submit your application:   1. You submit your application to the Trademark Office via...

TAGS: article

Access: Open Access

Giving Equity to Early Stage Staff – Considerations for Entrepreneurs

Nowadays, with more and more individuals wanting to feel ownership over what they do as a key facet of job satisfaction, the question of startup equity becomes a pertinent one in almost any startup. So as an entrepreneur, or as...

TAGS: article

Access: Open Access (Membership needed for Templates)

Equity Framework for Early-Stage Staff – Based on Type of Staff

This framework is intended to give you a starting point and a guide when deciding whether or not, or how much equity to give to early stage staff. This is an art, rather than a science. Ultimately, one of the...

TAGS: article

Access: Open Access (Membership needed for Templates)

Seed Investments and Funding Rounds – Step by Step Guide

Legal Sidekick for Seed Funding You can use the Legal Sidekick platform, with the support of our partner legal team as and when you need us to complete your SEIS and EIS funding rounds. We provide a combination of technological...

TAGS: article

Access: Open Access (Membership needed for Templates)

Privacy Policy

Welcome to the privacy policy (“Privacy Policy“). At , we are committed to keeping your personal information safe and secure, and handling it in accordance with our legal obligations. This Privacy Policy sets out in detail the purposes for which...

TAGS: contract

Price: £50

Seed Investment and Shareholder Agreement

Relating to an investment in, and the ongoing shareholder and board governance of [NOTE: IF TAKING ON MORE THAN £150,000 AND HOPING TO APPLY SEIS AND EIS TAX RELIEF TO YOUR INVESTMENT, PLEASE ENSURE YOU CONTACT LEGAL SIDEKICK, ACCELERATE LAW...

TAGS: contract

Price: £399

Consultancy Agreement (for use with freelancers and consultants)

This is a consultancy agreement (Agreement) (sometimes also known as a ‘work for hire’, ‘freelancer’, ‘contractor’, ‘supplier’ or ‘consultant’ agreement), dated on the day each party signs and dates it below, between: (1) a company with registered number of (Client);...

TAGS: contract

Price: £50 (or FREE with Membership)

Co Founder Agreement

DATED:                                               This is a co-founder agreement relating to . Parties: The Founders agreeing to be legally bound by...

TAGS: contract

Price: £100 (or FREE with Membership)

Employment Contract

Name and address of employer: , a company registered in the United Kingdom with company number and registered address at (“us”, “we”, the “Company”) Name and address of employee: of (“you”) Welcome to ! We are delighted that you have...

TAGS: contract

Price: £50

Basic Website Terms of Use – Why, What, How

What are website terms of use? They are a relatively simple set of terms or rules for your website which you can link to in the footer next to your privacy policy. They are more simple than your full app...

TAGS: article

Access: Open Access

Website/App Developer Agreements – Top 5 Points to Get Right

When hiring a web or app developer, the chances are you are about to do something which is quite important to you. You are finally going to bring your idea to life. So you need to take extra care to...

TAGS: article

Access: Open Access

NDAs – Top 5 Reasons To Use Them

NDAs (or non-disclosure agreements) ensure that when sharing information, that the person or organisation you share the information with can not legally disclose that information to anyone else without your permission for the duration of the agreement. The agreement can...

TAGS: article

Access: Open Access

How to add new investors after your Investment Round – Step by Step Guide

If you’re actively reading this after completing an investment round, and you’re ready to bring on more capital, then give yourself a pat on the back. That isn’t easy. If you’re reading this for information before your investment round, then...

TAGS: article

Access: Open Access

Offer Letter to Existing Investors to Invest in New Round – Pre-emption Rights Template

USE THIS TEMPLATE LETTER TO OFFER EXISTING INVESTORS THE CHANCE TO INVEST IN YOUR NEW INVESTMENT ROUND, PROPORTIONATE TO THEIR EXISTING SHAREHOLDERS. When you have existing investors who have pre-emption rights (i.e. a right of first refusal) in relation to...

TAGS: article

Access: Open Access (Membership needed for Templates)

Do I need to register with the ICO (Information Commissioners Office) under GDPR rules?

The Data Protection Act 2018 requires every organisation which is processing personal information as a data controller to register with the ICO, unless they are exempt. A data controller is someone who controls the purpose of the data collection (e.g....

TAGS: article

Access: Open Access

Director Appointment Form AP01 – Worked Example (so you know how to do it!)

When you register your company on Companies House, you appoint the directors there and then as part of the registration process. However if you want to appoint new directors in future, you need to submit your AP01 form to Companies...

TAGS: article

Access: Open Access (Membership needed for Templates)

How to choose the right freelancers or consultants for your project – 5 Key Points

It’s no coincidence that the rise of the gig economy and global networks of freelancers are coinciding with the boom of startups across cities around the world. Freelancers are a god-send to startups who don’t want to pay high agency...

TAGS: article

Access: Open Access

Commercial Partnership Agreement

This is a commercial partnership agreement (Agreement), dated on the day each party signs and dates it below, between: (1) a company with registered number of (Company); (2) of (Partner), each a Party and together, the Parties. APPOINTMENT AND STATUS...

TAGS: contract

Price: £50

Guide to Using Legal Sidekick for Your Funding Round

You can now use Legal Sidekick to complete your full funding round legal documents for ! We do this through a combination of automating your documents, and then leaning on our expert legal partners at Accelerate Law for support on...

TAGS: contract

Price: £0

Guide to Using Legal Sidekick for Your Funding Round!

You can now use Legal Sidekick to complete your full funding round legal documents for ! We do this through a combination of automating your documents, and then leaning our expert legal partners at Accelerate Law for support on all...

TAGS: article

Access: Open Access

Formal Company Board Meeting Minutes

(the “Company”) Company number: Minutes of a meeting of the Board of Directors of the Company held at the Company’s registered address at on Directors Present: Quorum The Directors present together noted that the Company’s requirement for a quorum of...

TAGS: contract

Price: £10 (or FREE with Membership)

Co-Founders: how to agree equity splits between co-founders

When we talk about splitting founder equity, there are 2 aspects to cover off: 1.  deciding on the initial split 2.  implementation – agreeing commitments and deciding on the ‘what ifs’ (e.g. what if one of us leaves?). In this...

TAGS: article

Access: Open Access (Membership needed for Templates)

Startup Employment Contacts – Understand and Create Them

Create your custom business employment contract here. Why use a custom employment contract? It is a legal requirement that all employment relationships between employee and company are governed by a legally binding employment contract, setting out the terms of the...

TAGS: article

Access: Open Access

Get Moving with the Legal Part of your Startup with Legal Sidekick!

Let’s be honest – you know it’s there. So rather than hiding away from it or putting it off for later and letting it stress you out, why not start as you mean to go on and deal with it...

TAGS: article

Access: Open Access

Company Filings: What is Companies House and how does it work?

WHAT IS COMPANIES HOUSE? Companies House is the national registry of companies where you should register your company. Your company information will be stored on the database (which you can access via their website), and will be generally accessible to...

TAGS: article

Access: Open Access

Working with Agencies – Top 5 Points to Cover Before Signing Their Contract            

When working with agencies, you will generally be working with a bigger operation than with a freelancer. They might have a sales team who recruit you initially, who then pass you on to their account management team, and who also...

TAGS: article

Access: Open Access

EMI Scheme Share Option Agreement (with Vesting) – including full EMI Scheme Rules

EMI SCHEME SHARE OPTION AGREEMENT DELETE THIS NOTE BEFORE USING THE DOCUMENT!: This is our Legal Sidekick standardised 4-year vesting, 1-year cliff scheme terms to use with your employees for your EMI scheme. In order to formally implement your scheme,...

TAGS: contract

Price: £399

Partnership opportunities and how to legally document them

Commercial partnerships are a great way to create new marketing channels and revenue streams You can use our Commercial Partnership Agreement to get you started, and adapt it to your specific partnership needs. One big thing reading the business news...

TAGS: article

Access: Open Access

Mutual Non-Disclosure Agreement (NDA)

This is a non-disclosure agreement (NDA) which puts mutual obligations on each side not to disclose the other's confidential information or use it for an unintended purpose (e.g. stealing each other's ideas, concepts and other work). How useful is an...

TAGS: contract

Price: £0 (or FREE with Membership)

Seed Investment Term Sheet

Relating to an investment in This Term Sheet outlines the essential terms and conditions of the upcoming seed round equity investment into (the “Seed Investment Round”). COMPANY: , a company incorporated in England and Wales with registered company number and...

TAGS: contract

Price: £50

Web Developer Agreement

This is a web developer agreement (Agreement), entered into on a work-for-hire basis, dated on the day each party signs and dates it below, between: (1) a company with registered number of (Client); (2) of address (Developer), each a Party...

TAGS: contract

Price: £50

Consultancy Agreements – What, When and How

What is a consultancy agreement? A consultancy agreement is a contract between a client and an independent consultant (i.e. the individual or company delivering the work), by which the client engages the consultant to provide services. It may also be...

TAGS: article

Access: Open Access

Founder Intellectual Property (IP) Assignment

This is an assignment agreement between: (1) of , with company number (the “Company”); and (2) of  (the “Founder”): INTERPRETATION In this assignment agreement, “Intellectual Property Rights” means  patents, rights to inventions, copyright and related rights, trade marks, business names...

TAGS: contract

Price: £10 (or FREE with Membership)

What to Include in Your Consultancy Agreement Intellectual Property Clause?

When appointing a consultant or freelancer to provide services to your business, a key part of the contractual arrangement must be to ensure that you own the intellectual property rights in the work done by the freelancer or consultant. In...

TAGS: article

Access: Open Access

Website Terms of Use

These are a set of terms and conditions which you can generate and use if you are creating an app....

TAGS: contract

Price: £50

Step by Step Guide – How to Sell Shares in a Company

If looking to give equity in your company or transfer it completely, one way to do that is to sell your shares. You can sell them for full market value, discounted market value, or for nominal value (e.g. £0.01 per...

TAGS: article

Access: Open Access

Share Option Documents for Non-Employees (non-EMI)

This is the full set of documents required to give share options to non-employees. Coming soon....

TAGS: contract

Price: £299

How to keep a register of all company shareholders, transfers and issues

It is a statutory requirement in the UK for UK companies to keep a register of their shareholders, including the details of all shareholders, when they became shareholders, and details of any of their dealings with their shares – e.g....

TAGS: article

Access: Open Access

What is a trademark?

A trade mark can be any sign or indicator, consisting of words, logos, figurative elements or pictures, sounds, shapes of goods, etc (see here everything that can be registered as trademark). Typically, startups will aim to register their brand name...

TAGS: article

Access: Open Access

Why Register a Trade Mark?

Why register a trade mark? If you want to have full automatic protection on your trademark, your sign must be registered. Once you have registered your sign, you have exclusive use of it and you have an automatic right to...

TAGS: article

Access: Open Access

Prepare your own Trade Mark Application

1.  Make sure your chosen trade mark is a strong one A strong trade mark is characterised by how distinctive it is from other marks on the market relating to similar goods and/or services. Generally, the more the mark is...

TAGS: article

Access: Open Access

Step by Step Guide – Getting an HMRC approved valuation for your EMI Scheme

The benefit of using an EMI Scheme, rather than just giving share options to employees via private agreements, is that under the EMI Scheme employees can receive tax benefits when the time comes to convert the share options into actual...

TAGS: article

Access: Open Access

Confirm Your Brand is Registrable as a Trade Mark

What trade marks can be registered? Any sign that can be represented in a way that is clear, precise, easily accessible and objective can be registered as a trade mark: –  Words or letters –  Logos –  Figurative elements, pictures...

TAGS: article

Access: Open Access

How do I add more investments after already closing my round?

First, you need to consider consent and pre-emption rights of existing investors Pre-emption rights: Once you have investors, they have a statutory right of first refusal (called a pre-emption right) to participate in any new investments being made into your...

TAGS: article

Access: Open Access

Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
article
contract