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Contrat de fusion (fusion de sociétés sœurs)

Contrat de fusion (fusion de sociétés sœurs)

Meyerlustenberger Lachenal AG

Date: August 30, 2018
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Author's Note

This automated document has been substantially updated since its original release on 17... Read more

This automated document has been substantially updated since its original release on 17 December 2017. The main innovation is that the automated document is no longer only tailored to corporations (Aktiengesellschaften), but that the user may also choose to create documents for limited liability companies (Gesellschaften mit beschränkter Haftung) as surviving and/or transferring entities.

This merger agreement (contrat de fusion) is a Swiss-law governed agreement for a (intra-group) merger between two sister companies in the form of a simplified merger (fusion simplifiée). The agreement is drafted in French and is tailored for a merger between corporations (sociétés anonymes) and/or limited liability companies (sociétés à résponsabilité limitée). The agreement assumes that a parent company in the form of a corporation (sociétés anonymes) or a limited liability company (société à résponsabilité limitée) holds 100% of both sister companies.

For a simplified merger (fusion simplifiée), neither a merger report needs to be prepared, nor an examination of the merger agreement needs to be conducted, nor an inspection right to the shareholders/members needs to be granted, nor is it necessary to present the merger agreement to the shareholders/members for approval.

The merger is based on a merger balance sheet (annual balance sheet or interim balance sheet) which is to be attached to the agreement. Please note that a simplified merger is only possible if the merger balance sheet shows a surplus of assets.

For the effectiveness of the merger, the surviving company needs to register the merger with the commercial register by way of an application to the commercial register. The signed merger agreement, the merger balance sheet including the audit report (if any) as well as resolutions of the supreme management or administrative bodies (i.e. board of directors (AG) or management (GmbH)) approving the merger (in case the merger agreement is not signed by all members of such bodies) are to be attached to such application. Further, the deletion of the transferring company needs to be registered with the commercial register. Templates for such applications and resolutions are also available on PartnerVine.

Terms which are configurable to the user’s needs include:

  • Details of the surviving company;
  • Details of the transferring company;
  • Details of the parent company;
  • Details regarding the employees of the involved companies; and
  • Details regarding the merger (i.e. type and date of the merger balance sheet, amounts of assets and liabilities to be transferred etc.).

Terms of Use

The purchase of this product is subject to the Supplier Terms as stated hereafter. The following Supplier Terms apply to any sale of legal documents where Meyerlustenberger Lachenal AG (mll) is the seller and your contract partner. PartnerVine is not your contractual counterparty and you have no recourse to PartnerVine in respect of such purchases. Please consider, however, that the use of and access to the PartnerVine Platform by you is and remains governed by Part I, II and IV of the Terms & Conditions for the PartnerVine Platform.

With respect to the sale of legal documents by mll to you the provisions as set out in Part III, Section 1, 2, 3 and 5 as well as Part IV, Section 1.2 of the Terms & Conditions for the PartnerVine Platform shall also apply to such purchases and are therefore incorporated in these Supplier Terms by reference. The provisions regarding the Use Rights / Use Restrictions as set out in Part III, Section 4 of the Terms & Conditions for the PartnerVine Platform are modified by these Supplier Terms in the following way: The first paragraph is not modified. The second, third, fourth and fifth paragraph are replaced by the following provisions:

  • Users are permitted to access the document-generation interview for 90 days from the date of purchase.
  • Users are entitled to export and download an unlimited number of copies of the document(s) in Word format.
  • In case a legal entity has registered as a user, the document copies may be used by the employees of the legal entity and branches of the legal entity. However, the use rights of legal entities are not extended to any other company of a group of companies. Such other companies must obtain license rights on their own.
  • Users are granted a simple, non-exclusive, non-sub-licensable and non-transferable right of use for the ordered legal documents during the contract term (as set out in Part IV, Section 1.2 of the Terms & Conditions of the PartnerVine Platform). The right of use entitles users to download the legal documents for personal limited commercial uses, i.e. for concluding a business contract with another business partner. The users are, however, without the explicit consent of mll, not permitted to use the legal documents for unlimited commercial purposes, in particular, but not limited to the sub-license or transfer of the rights in the legal documents to any third party. Furthermore, the users are not permitted to sell or transfer in another form printed and digital copies of the legal documents to a third party in the sense of a resale.

Finally, Part IV, Section 7 of the Terms & Conditions for the PartnerVine Platform is modified with regard to contracts between you and mll as follows:

  • These Supplier Terms and the contracts based on them are exclusively governed by Swiss law with the exclusion of the Vienna Sales Convention.
  • The competent courts in Zurich, Switzerland, shall have exclusive jurisdiction with respect to any dispute arising from or in connection with these Supplier Terms and the contracts between mll and you.

Data Privacy Information

The collection and processing of your personal data entered in the course of the creation of your automated template is subject to the Privacy Policy for the PartnerVine Platform as referred to in the PartnerVine Terms.

Further the data may be collected and stored by the hosting platform of Exari Solutions (Europe) Limited, 20 St Dunstan’s Hill, London EC3R 8HL (Exari). Exari provides the software with which automated templates offered by mll are being created. Exari’s current hosting platform provider is Amazon Web Services which stores the data in Dublin, Ireland.

Other Comments

Advice from group tax and accounting functions should be obtained prior to executing this agreement.