Donor Agreement

Clients Rate Lawyers on our Platform 4.9/5 Stars
based on 1,850 reviews

Jump to Section

Need help with a Donor Agreement?

CREATE A FREE PROJECT POSTING
Post Project Now

What is a Donor Agreement?

A donor agreement is a contract between a nonprofit and a donor. It outlines the donation terms, such as how much money will be given and what goods or services will be provided. The nonprofit should have an attorney review the document before signing it with any donors.

A donor agreement explains the specifics of a donation to a charity. It includes how much a donor plans to pledge and what benefits the nonprofit will get when accepting the donor’s pledge.

Common Sections in Donor Agreements

Below is a list of common sections included in Donor Agreements. These sections are linked to the below sample agreement for you to explore.

Donor Agreement Sample

Exhibit 6

 

Share Donation

Agreement

(Pirounias)

 

Share Donation Agreement

 

 

This Share Donation Agreement (the “Agreement”) is made as of this 29th day of September, 2017 (“Effective Date”);

 

BETWEEN:

Christos P. Traios (the “Donor”), resident of 10, Sp. Trikoupi str. Piraeus - Greece;

   

AND:  

Pirounias Nikolaos (the “Recipient”), resident of 68, Marias Chatzikiriakou Str.,18538 Piraeus, Greece

 

WHEREAS the Donor is the owner of shares of the Common Stock USD $0.001 par value (the “Common Stock”) of Petrogress, Inc., a Delaware corporation;

 

WHEREAS the Donor wishes to donate Five Million (5,000,000) shares (the “Shares”) of its Common Stock to Pirounias Nikolaos (the “Recipient”), effective as of September 29th 2017;

 

NOW THEREFORE, in consideration of the mutual covenants and representations herein set forth, the Donor and the Recipient agree as follows:

 

1.

DONATION AND ACCEPTANCE

 

1.1. Subject to the terms and conditions set forth in this Agreement and upon the basis of the representations, warranties and covenants contained in this Agreement, the Donor hereby agrees to donate the Shares to the Recipient and the Recipient hereby accepts such donation;

 

1.2. The Donor does hereby deliver to the Recipient and the Recipient does hereby accept such delivery of the Shares as represented by certificate #CSI-1164 (the “Certificate”);

 

1.3. The parties shall conduct any formalities required for the completion of the donation of the Shares to the Recipient in accordance with any applicable laws and regulations and shall promptly co-operate with each other in this respect;

 

2. REPRESENTATIONS, DECLARATION AND WARRANTIES OF THE DONOR

 

The Donor does hereby represent and warrant that on the date of execution of this present:

 

2.1. The Donor is the sole and undisputable owner and possessor of the Shares, which are the object of this Agreement;

 

2.2. The Shares are free of any charge, lien, option, warrant, reference, claim or assessment of any kind, nature or description;

 

2.3. The Donor has full capacity and power to enter into this Agreement and the agreements contemplated herein;

 

3. EXPENSES

 

Each party shall be liable for the costs and expenses incurred by it due to the execution of this Agreement;

 

4. VOTING RIGHTS

 

In connection with and as partial consideration of the donation of the Shares, the Recipient hereby irrevocably and unconditionally agrees to execute an irrevocable proxy (the “Proxy”) in the form attached hereto as Exhibit A granting the Donor the voting rights relating to the Shares as long he will remain the holder of the donated shares or for a minimum period of twelve months from the date of execution of this Agreement;

 

 

 

 

Share Donation

Agreement

(Pirounias)

 

5. STOCK DIVIDENDS, SPLITS

 

If after the Effective Date, there is any stock dividend, stock split or other change in the character or amount of the Shares, then, in such event, Recipient shall be entitled to any and all payment and securities to which the holder of the Shares is entitled and any new, additional or substituted securities shall be immediately subject to this agreement and be included in the definition of “Shares” herein;

 

6. PRIVATE AND CONFIDENTIAL

 

The content of this Agreement and all information relating to it shall be kept strictly private and confidential by the parties;

 

7. LAW AND COURTS

 

This Agreement shall be governed by and construed in accordance with the laws of Delaware;

 

8. COMPLIANCE WITH LAWS

 

In the performance of this Agreement both parties shall comply with all laws, rules, regulations, decrees and other ordinances issued by any governmental or other state authority relating to the subject matter of this Agreement and the performance by the parties hereto of their obligations hereunder.

 

9. COUNTERPARTS

 

This Agreement has been signed in two (2) counterparts of equal value and each party kept one.

 

IN WITNESS WHEREOF, the parties hereto have duly executed this Agreement, as of the date first above written.

 

 

 

THE 1ST PARTY (DONOR)

 

 

 

___________________________

Christos P. Traios

THE 2ND PARTY (RECIPIENT)

 

 

 

_________________________

Pirounias  Nikolaos

 

 

 

 

Exhibit “A”

 

IRREVOCABLE PROXY

 

Petrogress, Inc

================================

 

 

Pursuant to the terms and agreements set forth in that certain Share Donation Agreement dated September 29, 2017 (the “Agreement”), by and between Christos Traios (“Traios”) and Nikolaos Pirounias, the undersigned shareholder (the “Shareholder”), the Shareholder hereby acknowledges and irrevocably appoints Traios, as the lawful agent and proxy of the undersigned Shareholder (with all powers the undersigned Shareholder would possess if personally present, including full power of substitution), and hereby authorizes Traios to represent and to vote all the shares of Common Stock of Petrogress, Inc. (the “Company”) transferred to and held of record by the undersigned Shareholder pursuant to the Agreement, and Traios shall possess and in his unrestricted discretion shall be entitled to exercise in person or by nominee, agent, attorney-in-fact, or proxy, all rights and powers of Shareholder to vote, assent, or consent with respect to those rights and powers and to take part in and consent to any corporate or shareholders' actions necessary to enforce rights granted to Traios under the Agreement. The undersigned hereby revokes all previous proxies related to the shares subject to this Irrevocable Proxy and confirms all that said proxy and his substitutes may do by virtue hereof.

 

This Proxy shall continue in full force and effect until one (1) year from the date of its creation.

 

Shareholder hereby waives any and all right to cancel this Irrevocable Proxy at any time during the time period described herein and that it shall remain in full force and effect. Shareholder furthermore, hereby acknowledges and agrees that the transfer of Common Stock under the Agreement was expressly contingent upon the agreement of Shareholder (and the agreement of any transferee of Company Common Stock held by Shareholder) to grant voting rights to Traios as described in the Agreement and that this Irrevocable Proxy is coupled with an interest.

 

Shareholder further acknowledges and agrees that, until such time as this Irrevocable Proxy shall expire, Shareholder shall not transfer any shares subject to this Irrevocable Proxy unless the transferee agrees to execute an Irrevocable Proxy on the same terms as this Irrevocable Proxy.

 

Shareholder further acknowledges and agrees that, any certificate representing any shares subject to this Irrevocable Proxy shall bear notice indicating the existence of this Irrevocable Proxy.

 

 

Dated: September 29, 2017

Shares of Common Stock: Five Million (5,000,000)

                   

 

                    /s/ Nikolaos Pirounias                            ,       Shareholder

Nikolaos Pirounias

 


Reference:
Security Exchange Commission - Edgar Database, EX-99.6 7 ex_97281.htm EXHIBIT 6, Viewed December 13, 2021, https://www.sec.gov/Archives/edgar/data/1558465/000143774917017497/ex_97281.htm.

Who Helps With Donor Agreements?

Lawyers with backgrounds working on donor agreements work with clients to help. Do you need help with an donor agreement?

Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate donor agreements. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.

How ContractsCounsel Works
Hiring a lawyer on ContractsCounsel is easy, transparent and affordable.
1. Post a Free Project
Complete our 4-step process to provide info on what you need done.
2. Get Bids to Review
Receive flat-fee bids from lawyers in our marketplace to compare.
3. Start Your Project
Securely pay to start working with the lawyer you select.

Meet some of our Donor Agreement Lawyers

ContractsCounsel verified
Director
8 years practicing
Free Consultation

We are a boutique legal practice focused on media, fintech and international trade and have significant experience of advising on high value matters in these areas and delivering results. We advise start-ups, established businesses and professionals on a wide range of commercial and corporate arrangements, not only in the UK, but also in the European Union, United States and Latin America.

ContractsCounsel verified
Owner
13 years practicing
Free Consultation

Talin has over a decade of focused experience in business and international law. She is fiercely dedicated to her clients, thorough, detail-oriented, and gets the job done.

ContractsCounsel verified
Entertainment attorney
8 years practicing
Free Consultation

Entertainment attorney and film producer. Counsel clients on all matter of entertainment-related contracts, including talent representation, crew deals, financing agreements, and production legal. Former litigation attorney and owner of a documentary and scripted film and television production company. Well versed in small business foundation and general business contracts.

ContractsCounsel verified
Attorney
6 years practicing
Free Consultation

I have been practicing law for more than 4 years at a small firm in York County, Maine. I recently decided to hang my shingle, Dirigo Law LLC. My practice focuses mostly on Real Estate / Corporate transactions, Wills, Trusts, and Probate matters.

ContractsCounsel verified
Managing Partner
24 years practicing
Free Consultation

Tim has 20 years of experience representing a wide variety of emerging and established companies in the technology, software, bitcoin and professional services industries. He works directly with his clients’ executives and boards of directors on corporate, intellectual property, and securities law issues. Recently, Tim has advised clients on Series A and Series B financings, corporate structuring, complex video licensing agreements, and structuring new hedge funds. Tim previously served as Forrester Research, Inc.’s General Counsel and Secretary where he was chief legal officer, led the company’s legal group, and managed the company’s legal and regulatory affairs. Tim played an integral role in the company’s initial public offering in 1997 and coordinated its secondary offering in 2000. He directed the legal process in the company’s acquisitions of Giga Information Group, Inc., Fletcher Research and Forit GmbH and oversaw over $125million in transactions. He also managed the company’s intellectual property assets. Tim is admitted to practice in Massachusetts and New York. Tim holds a Juris Doctor degree from the Boston College Law School and a Bachelor of Arts degree from Trinity College

ContractsCounsel verified
Assistant General Counsel
18 years practicing
Free Consultation

Melissa Green joined the American Medical Association (AMA) as an Assistant General Counsel in November 2019. In her role at the AMA, Melissa supports the CPT and Masterfile licensing programs, in addition to supporting the legal needs of the Professional Satisfaction and Practice Sustainability business unit. Prior to arriving at the AMA, Melissa was the Chief Legal Counsel and Privacy Officer at The Chartis Group, a healthcare advisory services and analytics company, headquartered in Chicago, where she was responsible for commercial transactions for Chartis and its wholly owned SaaS company, and also served as the organization’s privacy officer responsible for HIPAA compliance. Melissa started her legal career in Cincinnati, Ohio at the law firm of Frost Brown Todd where she served as an associate in the Corporate department doing healthcare transactions, securities, and general corporate work. In 2007, Melissa transitioned into her first in-house counsel role at GE Aviation. During her time at GE, she had many roles including supporting new engine sales transactions for the Europe/Middle East/Africa region, its Electric Power business located in Dayton, its Engine Services business (supporting the CF34 and CF6 engine lines), and compliance. Upon leaving GE, Melissa had a brief stint at MedStar in Virginia before accepting a full-time position at the University of Maryland Medical System in Baltimore, Maryland in July 2013. Originally from East Lansing, Michigan, Melissa received her bachelor’s graduate from Michigan State University’s – James Madison College and is a graduate of the University of Michigan Law School.

ContractsCounsel verified
Owner
41 years practicing
Free Consultation

My Legal career hasfocused on representing businesses (corporations and limited liability companies) as general outside counsel. In this capacity, I have drafted a broad range of legal documents as well as analyzed proposed agreements drafted by the other party's attorney to the agreement for the pupose of determining the risks to which my client would be exposed. I maintained the client's minute book if no one in-house was available for that task. Additionally, if rquested, I served as a general advisor to the client's executive offers and to its Board of Directors.

Find the best lawyer for your project

Browse Lawyers Now

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call