Remove Circle from the Corporate Governance Agreement and eSign it in minutes

Aug 6th, 2022
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How to Remove Circle from the Corporate Governance Agreement

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and with that i wanted to say hello to alex how you doing alex im doing great craig thanks for for having me im excited to jump in as we go through this put your questions in the chat room in the q a room and with that over to you alex thanks craig so today were talking about preparing your shareholders agreement uh for equity crowdfunding but were also going to talk about just general things to keep in mind when setting up your first shareholders agreement and potentially negotiating a shareholders agreement uh during your first round of investment so before we hop in i just want to be very clear i am not a lawyer i run an equity crowdfunding platform but uh i do not have a law degree uh the opinions that im sharing here are my own from my own personal experience and while i am making generalized comments these comments may not fit your specific scenario and you should always seek independent professional legal advice when preparing your shareholders agreement okay before we hop

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After starting the Governance meeting, add an agenda item. In the proposal, select Add/Edit Role, and find the name of the circle in the list of roles. Once you select the Loans circle from the list of roles, the role parameters will pop up. At the bottom, you will see a checkbox saying Remove this circle.
USDC is regulated as a stored value instrument (just like a pre-paid card). Stored value products are regulated under state money transmission laws.
Circle began as a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts.
Circles CEO reassured his investors: 100% of the USDC stablecoins reserves are safe. Circle, the prominent cryptocurrency company, and its CEO recently made a statement that gave the community much-needed certainty: all USDC stablecoin reserves are safe.
Holacracy is a system of organizational governance that seeks to distribute power through a hierarchy of circles (a holarchy). Unlike traditional management, power is not given to people or positions, but to roles and circles. Roles also tends to be much smaller than a traditional position.
CIRCLE MAKES NO WARRANTY THAT (I) THE SERVICES WILL MEET YOUR REQUIREMENTS, (II) THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE, OR (III) THE QUALITY OF ANY PRODUCTS, SERVICES, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU WILL MEET YOUR EXPECTATIONS.
In the U.S., Circle is regulated by the Financial Crimes Enforcement Network (FinCEN), which is a bureau of the U.S. Department of Treasury, as a Money Services Business. We are also licensed as a money transmitter in certain states and were actively engaged with other states on receiving additional such licenses.
USDC is transforming finance USDC is part of a global ecosystem that spans traditional and crypto commerce. Created by Circle, a regulated fintech, USDC is a trusted, widely accepted, and highly liquid digital dollar.

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