An arrangement that regulates the relationship between the shareholders, the management of the company, ownership of the shares, rights, obligations, and protection of the shareholders. It may also command the way in which the company is run.
A shareholder agreement has a purpose to protect and treat shareholders equally, as well as to allow them to make decisions about third parties who may become shareholders in the future. A shareholder agreement is more important to minority shareholders than it is to majority shareholders because it emphasises the majority shareholders' commitment to protect minority shareholders from abuse and provide them a voice when important decisions are made.
Process of Drafting a Shareholders Agreement
Note: Your original price includes two rounds of iterations. Therefore, if you need any changes done to the shareholder's agreement format, our lawyers will do the needful and send it across to you for your approval once again.