If the company plans to go through further investment rounds or ultimately to Exit in future, it is important to maintain meticulous records of all important contracts and agreements. This would include key customer/supplier contracts or licences, leases as well as employment contracts and any other material documents. We recommend that you scan all contracts and name and index them accordingly so they can be easily located if a potential investor/purchaser wants to see this information. Also, please be aware that contracts need to be executed in the correct way according to what legal jurisdiction applies to that contract. If in doubt about the signing requirements of any contracts or agreement we recommend that you speak to a lawyer.
Read our briefing note on how to run an early stage seed investment
Download"Edinburgh Technology Fund has used the MBM Seed Investment documents and they have proved to be very helpful in making seed investments quickly, cost effectively and with……