Shareholder Agreement Sample
17 décembre 2020
A shareholder document addresses important issues, such as the transfer of shares and the rights of shareholders and executives, to ensure the smooth running of the company. In the meantime, of course, it is too late to reach an agreement on which everyone can agree, and that is fair to everyone, because there are too many disagreements in the ranks. If it is created from the beginning, everyone agrees on good terms. This is the best time to ensure that the agreement is fair and only for all shareholders and directors of the company, rather than for a few. (c) in the event of death or permanent disability (defined as the inability to fulfil its obligations) of a founder, 10% of the shares that have not been transferred will be immediately taken care of for the benefit of the deceased`s estate. At the request of the deceased`s estate, the company will purchase all the free movement shares of the deceased`s estate at a price corresponding to the last agreed valuation of the Schedule B company, provided there is appropriate key insurance for this purpose. Otherwise, the deceased`s estate may offer the shares in accordance with this agreement. 50. This agreement constitutes the whole agreement between the contracting parties and replaces any previous agreement or representation on the issues outlined in this agreement and there are no conditions, guarantees, assurances, agreements that are explicit or implicitly applicable to these issues. PandaTip: This model of shareholder agreements defines the conditions for shareholder interaction and what happens when one or more of them want to leave the company or something happens that forces the exit of a shareholder or the closure of the company. For example, Pat, Chris and Jean are the founding shareholders (the « founders ») of the company and Mikey is an angel investor; A shareholder holds shares called shares in a company. If the company does well, the shareholder benefits. If the company does not do well, the shareholder may lose money.
1.19 « this agreement, » « in it, » « below, » « below, » « below, » « of it » and similar expressions refer to this agreement, not to a section, subsection, paragraph or other part of this agreement. When it comes to companies, it is important that their shareholders know what to do or not to do, so that they do not end up making decisions based on false information. A provision for other shareholders to purchase shares of the deceased or termination of operations is generally also included in this agreement to ensure that these shares can be properly processed and evaluated. As this agreement is a private document, you don`t need to place it with the company files. But all shareholders involved in the company must have a copy of the agreement to keep their personal files.