Venture Deals · glossary
A leaver who goes through death, ill health, agreed retirement, redundancy or dismissal that is not for cause. A good leaver keeps vested shares and transfers unvested ones at €1 each. The board may, with Investor Consent, treat other leavers as good. Schedule 6, para 2 · Chapter 5
Explained in Chapter 5, Vesting, Leavers and the Founder Who Left, of Venture Deals.
The main page for this term is Good Leaver, in Shareholders' Agreements.
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