ODXIA manages the data exchange agreement process with the support of the agency`s company sponsors to ensure that the exchange meets our program and business requirements. SSA operates various forms of electronic exchange, from SSN checks to computer matches, depending on the business needs of the partner agency. Several factors are taken into account in the SSA`s decision-making policy on the advisability of data exchange. Agreements like these form the basis for the United States to share information responsibly and cooperatively with its allies, partners, operators, and SSA suppliers. This series #SHA101 aims to give founders the knowledge and awareness to conclude such final agreements in the future and to fully understand the impact of the different terms and clauses they sign in these documents. While the subscription of shares makes a shareholder the beneficial owner of the company, the provisions contained in the SHA determine the extent to which the company and the project promoters transfer control and governance of the company to certain shareholders, usually investors. In the context of an investment, a ”definitive agreement” is the legally binding final document signed by all parties to the transaction and containing the agreed terms and the rights and obligations of the parties involved in the transaction. A few points to note: Data exchange is primarily the one-way or two-way electronic exchange of individual or aggregated personal data (PII) with a government or private entity. An outbound agreement covers data leaving the SSA.
An in-depth agreement covers the data circulating in SSA. The difference between an exchange and an agreement is that an exchange represents the shared data and an agreement documents the conditions under which an exchange will take place. SSA is a leader in data exchange with many computer correspondences and real-time exchanges. A share purchase agreement (SPA) is entered into between the parties when a party buys or ”buys” shares of existing shareholders. Hence the name Share Purchase Agreement 16. April 2019: AGI and USSTRATCOM sign an agreement on Space Situational Awareness (SSA) services and data. The SSA sharing agreement allows AGI, including its Commercial Space Operations Center (ComSpOC), and USSTRATCOM to share SSA information and services as part of a streamlined process. In this blog series, I intend to write a series of articles (#SHA101) on demystifying the different terms and clauses that are part of a typical shareholders` agreement (SHA) executed as part of investment cycles. SHA or other forms of definitive agreements are legally binding agreements signed between the parties that have multiple effects on the company and the founders they need to know. AGI has already had the opportunity to exercise this SSA sharing agreement in support of recent space/SSA events. As part of the SSA`s mission to streamline data exchange activities for government agencies, Data Exchange Coordinators (CED) should be contacted when new Government Data Exchange (DX) requests are initiated, as well as applicable questions about existing government DX agreements. The CPE listed below can be contacted by email or phone.
A share subscription agreement (SSA), as the name suggests, refers to the subscription of new shares of the Company by a group of existing or new shareholders. Note: This formal agreement codifies the relationship established between ComSpOC`s SSA operational components and the 18th Space Control Squadron. As part of efforts to improve SSA cooperation, the procedures allowing the AGI to request specific information provided by the 18. Air Force Space Command Space Control Squadron at Vandenberg Air Force Base in California. While this process could have taken up to 3-4 months earlier, the established relationship shortens the time to a day. If you`ve made money or tracked investments in startups in the past, you would definitely have come across terms like SSA, SHA, SPA, or Definitive Agreements. Let`s try to demystify these terms in this blog. There may also be technical reasons why transactions fail after term sheets are signed.
As in the case of SSA, the spa is sometimes also part of the broader SHA document and is called SPA/SHA. Stay tuned to learn more and let`s explore this #SHA elephants together as we discuss the different rights, terms and clauses of investors in future editions. Andy.Robertson@ssa.gov Joanna.Garcia@ssa.gov ^SF CA RO REGION IX || SF MOS Programs Support Center Provides SSA-wide leadership and direction for the agency`s electronic data exchange services. .