B if there are time limits for blocking during an IPO process). Similar compliance requirements should apply to all relevant legal systems that meet legal restrictions on transfers, although this is not expressly stipulated in the respective standard agreements. Mediation more litigation or arbitration (consistent on the maturity sheet, subscription contract, shareholder contract). The shareholders` pact may impose certain other obligations on the company`s shareholders. AVCAL`s documents propose disputes for the timing and shareholders` pact, as well as a multi-step approach to the subscription contract with the first interviews followed by mediation, prior to litigation. An early financing cycle in which shares are issued (as opposed to converting debt financing or a future equity agreement) will normally lead to a new class of preferred shares created and held by investors in addition to common shares.