Venture Deals · glossary
A separate contract under which Meridian charges Solaris a monthly fee for board-level support, €25,000 a month after the Series B. The Investment Agreement only consented to it, so the fee survived when that agreement ended. Clause 16 · Chapter 12
Explained in Chapter 12, Employee Equity and the Option Plan, of Venture Deals.
On the day of the Series A, Solaris and Meridian signed a management services agreement. Meridian provides monitoring and strategic support at board level, for €5,000 a month. It is a separate contract between the two companies.Read Chapter 12, Employee Equity and the Option Plan →
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