Shareholders Agreement

Shareholders Agreement

Description

Every shareholder wants to maximise the value of their investment, so why not supplement the company’s articles by using this shareholders agreement to prevent conflict and protect minority shareholders. This straightforward shareholder agreement used between some or all of your company shareholders can be the best way to ensure stability and continuity. It covers key issues such as company administration, the company’s officers, new share issues, day to day management, decision-making and leaving shareholders.

When to use:

Use this shareholders agreement:

when you and other individuals are shareholders in a private limited company

to supplement the company’s articles with provisions relating to shareholders’ powers and entitlements

when all the shareholders want the same rights and entitlements and there is one class of share only

to ensure the additional provisions are kept confidential in a private contract

to to make it easier to change provisions in the future without having to amend the articles

What this covers:

This shareholders agreement covers:

the issue of new shares to incoming shareholders

company officers

requirements for board and shareholders meetings

unanimous shareholder approval for reserved matters of key importance

shareholders’ duties and entitlements

rights of first refusal for shareholders to buy the shares of shareholders leaving the company

shareholders’ rights to information and dividends

shareholders leaving, including restrictions on competing with the company after leaving




Address

Prime Lawyer
83 Ducie Street,
Manchester, M1 2JQ
Company number: 08711980
P: 0800 170 0518

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About Us

Prime Lawyer is a leading provider of legal document creation and Will writing services and in order to maintain our reputation all our staff are highly trained in legal document creation and Will writing services. We also have professional indemnity insurance in relation to our Will writing services so you can rest assured you are in safe hands with us.