Remove data in your Tag-Along Agreement

Your simple guide to remove data in Tag-Along Agreement effortlessly

Many people find it intimidating to remove data in Tag-Along Agreement, specifically if they are unfamiliar with how to work on their documents on the web. In fact, most software applications require a robust PC, a great deal of internal storage space, particular knowledge and abilities, and the time to read through numerous instructions or online discussions.

Put behind the times of reading lengthy guides and waiting hours for your application to be downloaded and installed. With DocHub, you won’t need to worry about installing applications — now, you can modify your Tag-Along Agreement online and straight from your web browser. Furthermore, our solution delivers a complete set of features for professional document management. You won’t even need to import or export records numerous times any longer. You can prepare everything in one go!

Follow the guide below to remove data in Tag-Along Agreement:

Go to DocHub.com and sign in or create an account. You can sign up quickly using your Facebook or Google profiles.
Click New Document and add the Tag-Along Agreement you need to work on. It will open up in our editor instantly.
Modify its content by adding new elements or replacing current ones with our advanced features.
Choose Share or send to deliver your document to the recipient(s).
Click Download/Export in the top right corner to save your form.

Regardless of the adjustments you need to make in your Tag-Along Agreement, DocHub helps you accomplish this task quickly and without hassles. Stop waiting — take advantage of our professional cloud-based solution today!

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What is the difference between tag along and drag along?

Drag-along rights empower them to eliminate minority shareholdings, while tag-along rights protect the minoritys interests (more on this next). The key advantage for majority shareholders is to increase the marketability of the business by delivering the company with no minority shareholders.

What is a drag along clause?

A drag along clause enables the majority shareholders of a company (typically over 75%) to compel the minority shareholders to accept an offer from a third party to purchase the whole company.

What are the rights of drag and tag along?

The drag along clause requires the minor shareholder to sell their shares. The tag along clause requires the minor shareholder to be allowed to join in on a sale. Both clauses are designed to give the minor shareholder the rights to receive the same price, terms and conditions as any other seller.

What is an example of drag along?

For example, a majority shareholder who holds 75% of the shares in the company who agrees to sell their shares in a share sale to a potential buyer, must offer the same price for the shares to the minority shareholders if they want to drag them along.

What is an example tag along clause?

For example, two founders of a company, each with 50% of the total shares may agree to sell 75% of their holdings to an institutional investor (e.g. a business angel, venture capital fund or private equity fund).

What does tag along mean in an agreement?

Tag-along rights also referred to as co-sale rights, are contractual obligations used to protect a minority shareholder, usually in a venture capital deal. If a majority shareholder sells his stake, it gives the minority shareholder the right to join the transaction and sell their minority stake in the company.

What is an example of a tag along clause?

For example, if you own 10% of the companys shares and you have a tag along right, you would be given the opportunity to sell 10% of the total parcel of shares that are being sold. This type of clause would typically result in shareholders selling some of their shares, but none of them being able to sell all of them.

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Remove Data in the Tag-Along Agreement