Convertible Loan Agreement
This document operates with the Conversion Agreement. Together they create a structure which means that you can grant a loan and agree that the loan can be converted into shares in the company if certain conditions happen - for example, after a period of time or on the happening of a particualr event, like failure to repay the loan. Once the conversion into shares happens, the loan stops being repayable.
[Includes editing tools and e-signing of your chosen document]
How can LawBite help?
Our LawBriefs can provide expert guidance and reassurance, whether you are bringing or defending a legal claim, or resolving a dispute using Alternative Dispute Resolution (ADR) methods like Mediation and Arbitration.
