Details the rights and responsibilities of shareholders in a corporation.
This Shareholder Agreement outlines the rights, responsibilities, obligations, and expectations of shareholders in {companyName}, a corporation formed under the laws of {jurisdiction}. It is designed to protect the interests of all shareholders while providing a clear framework for managing corporate affairs.
This Shareholder Agreement ("Agreement") is entered into on {agreementDate} by and among the following shareholders of {companyName}, located at {companyAddress}:
Full Name | Address | Share Percentage |
---|---|---|
{#shareholders}{fullName} | {address} | {sharePercentage}{/shareholders} |
This Agreement is intended to govern the relationship among the shareholders; to define their respective rights, obligations, and liabilities; and to set forth protocol relating to transfers of shares, company management, business operations, and dispute resolution.
The company’s total share capital is {totalShareCapital}. The respective ownership is indicated above under "Parties."
The management of the company shall be conducted by a Board of Directors. Decisions requiring shareholder votes shall be passed with {votingThreshold}% approval of issued shares unless otherwise specified.
No shareholder may sell, assign, transfer, pledge, or otherwise dispose of any shares unless in accordance with the provisions of this Agreement.
{#transferRestrictions}
{/transferRestrictions}
In the event a shareholder wishes to transfer shares, the remaining shareholders shall have the right of first refusal to purchase such shares on the same terms as offered by a third party.
Dividends shall be declared and distributed at the discretion of the Board of Directors, considering the company's operational and financial conditions.
All shareholders agree to maintain the confidentiality of all company-related information, unless disclosure is authorized or required by law or legal process.
Any disputes arising out of or relating to this Agreement shall be resolved in accordance with the dispute resolution clause set forth below:
Dispute Resolution Method: {disputeMethod}
{#hasArbitrationClause}
Arbitration: All disputes shall be resolved by binding arbitration in accordance with the rules of {arbitrationProvider} in effect at the time of the dispute. The place of arbitration shall be {arbitrationLocation}.
{/hasArbitrationClause}
IN WITNESS WHEREOF, the parties have executed this Shareholder Agreement as of the date first written above.
Shareholder Name | Signature | Date |
---|---|---|
{#signatories}{name} | {signature} | {dateSigned}{/signatories} |
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