How to Tailor the Document for Your Need?
01
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Fill in the details of the parties. You can click the "Fill with Member’s Information" button to complete it with information saved to your account.
02
Fill Information
Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.
03
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When you are done, click the "Get Document" button and you can download the document in Word or PDF format.
04
Review Document
The document should be signed by the authorised signatory (or directors of a company) and witnessed to complete the formality.
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Document Description
This Deed of Adherence facilitates the transfer of existing shares or allotment of new shares for a new party to join a Joint Venture or Shareholders' Agreement. The Joiner is bound by and compliant with the Agreement and assumes its benefits.
The Joiner's representations and warranties are deemed given on the date of the Deed. This Deed follows the terms of the Agreement, and its interpretation is consistent with the Agreement. The Joiner's address for notices is provided, and the Dispute Resolution provisions of the Agreement apply. This document is executed as a deed on the first page, and a Schedule lists the parties involved. If you need a hassle-free agreement for your new party to join your Joint Venture or Shareholders' Agreement, this Deed of Adherence is a legal document that you can trust.
How to use this Document?
1. Read the document carefully: Before using this document, it is important to read it carefully and make sure that you understand all of the terms and conditions contained within it.
2. Check the date: Ensure that the date on the document is the current date and has been entered accurately.
3. Verify party details: Verify that the party details, including name, address, and contact information, are accurate for both the Joiner and the Company.
4. Understand the context: Understand the context of the document, including the purpose of the Agreement, the manner in which the affairs of the Company will be conducted, and the Shares that have been transferred.
5. Comply with the terms of the Agreement: The Joiner undertakes to be bound by and comply in all respects with the Agreement, as if they had executed the Agreement and were named as a party to it.
6. Representations and warranties: The Joiner makes certain representations and warranties to the Company and other Shareholders, which should be carefully reviewed.
7. Notices: The Joiner's address for notices should be clearly stated in the document, along with their contact information and the contact information of the relevant contact person.
8. Governing law and dispute resolution: The document should be governed by and construed in accordance with the laws of the Agreement, and the dispute resolution provisions of the Agreement should apply.
9. Third-party rights: This document is binding only on the parties who have signed it, and a person who is not a party to this deed has no rights to enforce any term of this deed.
10. Sign and return the document: Both parties should sign and return a copy of the document, and keep a copy for their records. It is also recommended that both parties have their signatures witnessed to avoid any future disputes.
11. Ensure clarity: The terms and regulations, respective shares allocated, and the date of the agreement should all be clearly stated in the deed.
12. Amend the agreement: If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.
By following these steps, you can use this document effectively and ensure that all parties involved are clear on the terms and conditions of the Agreement.
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