About the Role

Senior Associate, Legal, shall be a part of the Finance and Legal team at Lightbox. We are looking for an enthusiastic professional to support the legal, compliance and governance functions at Lightbox. Legal and finance functions form the building blocks of good companies and an early emphasis on this helps foster a strong culture of governance, ethics and corporate responsibility. If you are energetic, solution oriented and passionate about the role of corporate governance in building startups and participating in the growth stories of young and agile companies, do read on for what this role entails.

Skills

• Strong knowledge of Indian laws, regulations, and compliance requirements.
• Ability to interpret complex legal issues and provide practical solutions.
• Strong drafting skills.
• Excellent communication, interpersonal, and negotiation skills.
• Ability to work independently but focus on being a team player.
• Strong analytical and problem-solving abilities.
• People skills and the ability to stay flexible and yet be effective in achieving the firm’s goals.
• Willing to contribute to various firm level initiatives.
• Positive and passionate approach to work.

Key Work Streams

A. Contribution towards the Fund’s Investment and Divestment Cycles

• Participation in making primary, follow-on and secondary investments across portfolio companies till their exit.
• Due diligences, deal structuring, regulatory advice, deal documentation, negotiations and post-transaction support.
• Participation in advising startups during their investment lifecycle in relation to commencement of business, regulatory approvals liaison and networking.
• Drafting, vetting, reviewing key transaction documents such as: Term sheets, Share Subscription Agreements, Share Holder Agreements, Share Purchase Agreements, Promoter Employment Agreements, Non-disclosure Agreements, any documentation related to investment and divestment transactions and all secretarial documents.
• Understanding and reviewing cap tables and key commercial terms associated with PE-VC transactions.
• ESOP Plans, SAR Plans, Founder incentive plans, Employment agreements and any other investment and divestment related transaction documents.

B. Advisory and Commercial Contracts

• Corporate and Commercial Advisory for startups and growth companies including various regulatory matters related to corporate & commercial laws.
• FEMA and FDI compliance requirements and structuring.
• Assessment and validation of sectoral regulations and their applicability business models.
• Contract drafting for commercial transactions such as service agreements, vendor contracts, sourcing agreements, supply agreements, non-disclosure agreements, business partner, business collaboration, consultancy agreements, technology transfer and licensing transactions.

C. Mergers & Acquisitions

• Advise on strategizing and structuring a range of domestic and cross border acquisitions and foreign investments in India including joint venture formation, business restructuring slump sale transactions and acquisition of entities, provided guidance on regulatory approvals, exchange control, disclosures, compliances, and corporate governance issues.

D. Governance Initiatives

• An opportunity to build and enhance the governance frameworks at Portfolio companies acting as a the “Compliance and Governance Ambassador” and building a foundation for strong governance systems
• Review and compliance of all Shareholder Agreement covenants, review of Board materials, legal agreements and documents submitted for board approvals, affirmative approval matters, Shareholder Consent paperwork.
• Working on and participating in key Governance Strengthening initiatives at portfolio companies.

E. ESG and Impact

• An opportunity to contribute towards ESG and impact initiatives/ESG and governance reporting evolution.