Approval Agreement
The Seed Convertible Loan Approval Agreement enables investors to enforce the conversion of the loan into shares, while the shareholders undertake to support and facilitate that process. The agreement is intended to safeguard the interests of both the company and the investors.
Neither HVCA nor the HVCA members, fund managers, law firms, or lawyers involved in the preparation of the documents accept any responsibility for the content of the documents or the consequences of their use, and none of the documents constitute legal advice regarding specific facts or circumstances.
General comments and questions regarding the documents should be sent to the HVCA Legal Committee at jogibizottsag@hvca.hu, as the Legal Committee will continue to update the documents in the future based on market participants’ feedback.