Our automated Deed of Accession / Deed of Adherence can be used to bind an incoming holder of securities to an existing Shareholders’ Agreement, Unitholders’ Agreement, Joint Venture Agreement or similar document.
It is designed to work with any such principal agreement with default options selected that are compatible with our automated Shareholders’/Unitholders’ Agreement.
This is a short-form document that is executed as a deed poll by the incoming holder of securities in favour of all parties to the existing agreement.
If the original agreement divides the holders of securities into different groups (eg, Founders, Investors, etc), you can specify to which group the incoming investor will belong.
Alternatively, you can choose the generic term (eg, Securityholder, Shareholder, etc.) that matches the appropriate definition in the principal agreement.
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