Simple Llp Agreement Template Malaysia

Investment holding vehicle: an LLP that holds shares on behalf of investors who have invested in the company through the ECF platform. Liquidity event: the merger, purchase or sale of a company or an IPO. A liquidity event is a typical exit strategy of a company, given that the liquidity event typically turns the equity held by a company`s founders and investors into cash. Partner: the original partner and any other person or additional person approved under this Agreement as a partner of the LLP and whose partnership has not been broken under this Agreement. Name: the name of the LLP that has registered or registered the designated partners with the Registrar of Enterprises. Outgoing Partner: any person who, for any reason, ceases to be a partner of the LLP. Registered office: the registered office of the LLP that the designated partners [register or register] with the Registrar of Enterprises. Trade name: the name of [NAME] under which the LLP acts. Blockchain: A blockchain is a public master ledger of all transactions ever made with the blockchain Ledger. It continues to grow as “closed” blocks are added with a new set of records.

The blocks are added to the blockchain in linear chronological order. Partnership unit: a unit allocated to LLP partners in relation to the size of the investment. Partnership units represent the indirect participation of partners in the underlying company. Partnership units are represented by tokens in the Blockchain-Ledger. Tokens: Refers to cryptographically secure information stored on the blockchain using the coLU blockchain protocol, which represents LLP Partners` property rights in the LLP. Wallet: refers to the software provided by Ata-Plus and used to store a partner`s tokens and access keys. The parties irrevocably agree that the courts of Malaysia have exclusive jurisdiction to settle any disputes or claims arising out of or relating to this Agreement, its subject matter or origin (including non-contractual disputes or claims). . . .