A side letter in the venture capital sector is an agreement between an investor and the company it is investing in that entitles the investor to certain contractual rights, which supplement and are in addition to other rights...more
1/22/2025
/ Acquisition Agreements ,
Business Entities ,
Contract Terms ,
Contractual Safeguards ,
Corporate Governance ,
Corporate Sales Transactions ,
Delaware General Corporation Law ,
Equity ,
Financing ,
Investment ,
Investors ,
Merger Agreements ,
Private Equity ,
Shareholders ,
Side Letters ,
Venture Capital
It is well known that the Delaware General Corporation Law (DGCL) provides that a majority of the voting power of all stockholders entitled to vote is required for a Delaware corporation to take certain fundamental actions,...more