Tag: legal


15
Nov 2016
That important legal agreement to safeguard African Founders, co-Founders, and Start-ups

From over 5 years of practice, I have noticed one extremely important legal agreement that most start-ups in Africa are either unaware of or haven’t fully taken advantage of. This agreement is referred to as “the Vesting Agreement”. Quickly, before we go into the nitty-gritty of a vesting agreement, I will like to explain what a “vesting” is and what are “vesting agreements or clauses”, strictly in the context of its functionality to an African start-up. Vesting is a process by which benefits, privilege, authority, rights, or interest in an asset or......

Read More