This template of the Articles of Association supplements the Seed Shareholders’ Agreement and should be used only together with the template for Seed Equity Investment Agreement and the Seed Shareholders’ Agreement.
The Articles of Association must be approved by the shareholders of the Company and filed with the Estonian Commercial Register after which it becomes public and automatically binding on each current and future shareholder of the company.
Please note that an identical Estonian language version of these Articles is also available on this site. The Estonian language version of the Articles is the official version that must be filed with the Estonian Commercial Register.
Any changes that are made to the English language version should be made in parallel to the Estonian version and vice versa.