Abacus Advantage
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Transfer of Shares
Founder shall not sell, transfer, assign or otherwise dispose of his/her shares for a period of 3 years. Should the founders wish to diversify their investment, priority would be given to the remaining shareholders, subject to the terms of the shareholders agreement.
Buyout Option
Abacus will offer an option for its share in the company to be bought out, at a price of 1.20 times capital in the first 2 years, and 1.30 times capital in the third year. Such an option allows incubators and investors to have a greater share of the upside of successful companies, while limiting their downside risks.
