SECA Model Documentation: Venture Capital

Together with outside experts, SECA has drawn up two VC model documentations:
 

• one for start-up investments in Switzerland by business angels and similar start-up investors in the range of CHF 0.5 – 5 Mio. (“Model Documentation light”) and
• one for seizable venture capital investments by institutional/international investors in the range of CHF 5 – 20 Mio. (“Model Documentation large”).

Each model documentation comprising clean and annotated/commented versions of a term sheet, an investment agreement, a shareholders agreement, articles of association and board regulations can be down-loaded below for free.

SECA’s VC model documentations make venture investments in Switzerland more efficient and have become the standard for venture investments in Switzerland. The Legal & Tax Chapter encourages everyone to let SECA (or Beat Kühni who coordinates within the Legal & Tax Chapter) know  of any shortcomings in order to constantly improve the documentation.

SECA would like to thank its Legal & Tax Chapter for its initiative and the following participants for their contributions and the many hours which went into this documentation.

Model Documentation „large“:

• Martin Frey, Baker & McKenzie
• Dieter Gericke, Homburger AG
• Hannes Glaus, Bratschi AG
• Beat Kühni, Lenz & Staehelin
• Oliver Triebold, Schellenberg Wittmer AG
• Michael Trippel, Bär & Karrer AG
• Ulysses von Salis, Niederer Kraft Frey AG
• Christian Wenger, Wenger & Vieli AG

Model Documentation „light“:

• Ion Eglin, Bratschi AG
• Beat Kühni, Lenz & Staehelin
• Beat Speck, Wenger & Vieli AG

- Download Model Documentation „large“: Link
- Download Model Documentation „light“:  Link

light - Investment Agreement

1.2 MB / 02.10.2018 14:49

large - Investment Agreement

148 kB / 15.11.2019 16:39

large - Investment Agreement with Annotations

338 kB / 15.11.2019 16:39

light - Investment Agreement with Annotations

268 kB / 13.07.2018 15:57

light - Shareholders Agreement

119 kB / 20.09.2018 14:01

large - Shareholders Agreement

153 kB / 15.11.2019 16:39

large - Shareholders Agreement with Annotations

618 kB / 15.11.2019 16:39

light - Shareholders Agreement with Annotations

317 kB / 20.09.2018 14:02

light - Board Regulations

712 kB / 13.07.2018 15:57

large - Term-Sheet

78 kB / 15.11.2019 16:39

large - Term-Sheet with Annotations

192 kB / 15.11.2019 16:40

light - Board Regulations with Annotations

174 kB / 13.07.2018 15:57

light - Cap-Table

47 kB / 13.07.2018 15:57

large - Cap Table

55 kB / 15.11.2019 16:40

light - Term Sheet

715 kB / 13.07.2018 15:58

large - Board Regulations

72 kB / 15.11.2019 16:40

large - Board Regulations with Annotations

137 kB / 15.11.2019 16:40

light - Term Sheet with Annotations

180 kB / 13.07.2018 15:58

light - Articles German-English

86 kB / 13.07.2018 15:57

large - Articles German-English

98 kB / 15.11.2019 16:40

large - Articles German-English with Annotations

192 kB / 15.11.2019 16:41

light - Articles German-English with Annotations

176 kB / 13.07.2018 15:57

light - Articles French-English

88 kB / 13.07.2018 15:56

large - Articles French-English

99 kB / 15.11.2019 16:41

large - Articles French-English with Annotations

201 kB / 15.11.2019 16:41

light - Articles French-English with Annotations

182 kB / 13.07.2018 15:57