Zoppi & Co Advises Start-Up on Corporate Documentation

Client: UK technology start-up

Structure: Limited company

Challenge: A growing UK start-up needed comprehensive corporate documentation to support their expansion plans. The founders required a flexible structure that would allow them to inject repayable loans, implement different share classes, and maintain control while preparing for future investment rounds. They also wanted to establish employee equity incentives through vesting options.

Solution: Zoppi & Co provided tailored legal advice to establish the necessary corporate framework. The firm drafted bespoke articles of association and a comprehensive shareholders' agreement that addressed the client's specific requirements. The documentation created multiple share classes to accommodate different investor types while preserving founder control. The structure also incorporated provisions for repayable loans and established a clear framework for employee share option schemes with appropriate vesting arrangements.

Outcome: The start-up now has robust corporate documentation that supports their current operations and future growth plans. The flexible structure enables the company to raise additional investment rounds while maintaining the founders' strategic control. The employee vesting scheme provides an effective tool for attracting and retaining key talent.

Comment from Malcolm Zoppi, Partner: "This matter demonstrates the importance of getting the corporate structure right from the early stages. Working with ambitious founders to create documentation that grows with their business is exactly the type of work we excel at, and I'm delighted we could help set them up for future success."