In order to provide equity token holders with legally enforceable shareholders rights, we connect the underlying asset with its on-chain representation in form of a token. This is being achieved by writing all legal agreements in two languages: English and Solidity. Both the smart contract and the legal contract are cryptographically hashed at all times.
Standard ETO Term Sheet- configured by he company through Neufund Platform paper terms sheet generated based on a template
Acquisition and Reservation Agreement- legal agreement signed solely ON-CHAIN, with signing this agreement issuer creates tokens and the investors buy tokens. it is a one-time event. Its states the rights for the company to receive funds from equity token purchase.
Token Holder Agreement- legal agreement signed solely ON-CHAIN. Transfer of limited members rights from Nominee to token holders
Investment and Shareholders Agreement- legal agreement signed solely OFF-CHAIN, transfer of limited members rights from Nominee to token holders subscription of Nominee assigning of shareholders rights to the Nominee providing for terms of the capital increase pursuant to the terms sheet.