Venture Deals · glossary
A transfer that needs no offer to the other holders, such as to a spouse, a family trust or a fund with the same manager. If the relationship ends, the shares must come back. Article 12 · Chapter 14
Explained in Chapter 14, Transfers, Tag and Drag, of Venture Deals.
The main page for this term is Permitted Transfer, in Shareholders' Agreements.
Some transfers change the name on the register but not the person behind the shares. Article 12 lets these permitted transfers through. They need no offer to the other holders, no tag-along offer and no consent from the directors.Read Chapter 14, Transfers, Tag and Drag →
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