Previous
Under the name "TechVenture AG" there exists a company limited by shares pursuant to Articles 620 et seq. of the Swiss Code of Obligations. The registered office of the company is in Zurich.
Current
Under the name "TechVenture AG" there exists a company limited by shares pursuant to Articles 620 et seq. of the Swiss Code of Obligations. The registered office of the company is in Zurich.
Previous
The purpose of the company is the development and commercialization of software products and services. The company may establish branches and subsidiaries in Switzerland and abroad, and may acquire, hold and sell participations in other companies.
Current
The purpose of the company is the development and commercialization of software products and services. The company may establish branches and subsidiaries in Switzerland and abroad, and may acquire, hold and sell participations in other companies.
Previous
The duration of the company is unlimited.
Current
The duration of the company is unlimited.
Previous
The share capital amounts to CHF 100,000 (one hundred thousand Swiss Francs), divided into 1,000 (one thousand) registered shares with a nominal value of CHF 100 (one hundred Swiss Francs) each. The share capital is fully paid in.
Current
The share capital amounts to CHF 100,000 (one hundred thousand Swiss Francs), divided into 1,000 (one thousand) registered shares with a nominal value of CHF 100 (one hundred Swiss Francs) each. The share capital is fully paid in.. The Board of Directors is authorized to increase the share capital within a capital band between CHF 50,000 and CHF 200,000 in accordance with Article 653s of the Swiss Code of Obligations.
Previous
The transfer of shares requires the approval of the Board of Directors. The Board of Directors may refuse approval for good cause. Good cause exists in particular if the acquirer does not meet the requirements set forth in the shareholder agreement.
Current
The transfer of shares requires the prior written approval of the Board of Directors. The Board of Directors may refuse approval for good cause. Good cause exists in particular if the acquirer does not meet the requirements set forth in the shareholder agreement. or if the transfer would result in a concentration of shares that is detrimental to the company's interests.
Previous
The Board of Directors consists of one or more members. Members are elected by the General Meeting for a term of three years. Re-election is possible.
Current
The Board of Directors consists of onea orminimum moreof membersthree. Members areand electeda bymaximum theof Generalseven Meetingmembers. Members forare aelected termby ofthe threeGeneral yearsMeeting. Re-election isfor possiblea. term of three years. Re-election is possible.
Previous
The Board of Directors has all powers that are not reserved to the General Meeting by law or these Articles of Association. The Board may delegate the management of the company to one or more directors or to third parties.
Current
The Board of Directors has all powers that are not reserved to the General Meeting by law or these Articles of Association. The Board may delegate the management of the company to one or more directors or to third parties.
Previous
The company is validly bound by the joint signature of two members of the Board of Directors.
Current
The company is validly bound by the joint signature of two members of the Board of Directors.
Previous
The General Meeting decides on the distribution of profits in accordance with Article 698 of the Swiss Code of Obligations. Dividends are distributed pro rata to the paid-in share capital.
Current
The General Meeting decides on the distribution of profits in accordance with Article 698 of the Swiss Code of Obligations. Dividends are distributed pro rata to the paid-in share capital.