Shareholders agreement

A contract stipulating terms for all matters concerning shareholders of the company.

£99.99

Description

A shareholders’ agreement, also known as a stockholders’ agreement, is an agreement entered into between all or some of the shareholders in a company. It allows regulating the relationship between the shareholders, the management of the company, ownership of the shares and the protection of the shareholders. It also governs the way in which the company is run as well as the privileges and protection of shareholders. It is intended to make sure that shareholders are treated fairly and that their rights are protected.

Unlike Company’s Bylaw, a shareholder agreement is optional. It is often written by and for shareholders, outlining certain rights and obligations. It is most helpful when a corporation has a small number of active shareholders. This agreement covers a wide range of clauses, including:

  • the number of shares issued;
  • a capitalisation table outlining the shareholders and their ownership in percentage;
  • any restrictions on transferring shares;
  • pre-emptive rights for current shareholders to purchase shares to maintain ownership percentages;

If you’re are looking to incorporate a company with two or more shareholders, then a shareholder agreement is a key consideration.

BUY NOW

Already have a Strand Sahara account? Log in now and select ‘New Contract’.

Related products

What People Say About Us

Client
Testimonials

PROUD TO HAVE SUPPORTED

FAQs

Questions and Answers

We currently support businesses in the UK, Angola, Ghana, Kenya, Nigeria, Tanzania, Rwanda and Uganda. Located in a different country? We’d be happy to refer you to someone local who can help – please contact us at hello@strandsahara.com.

All our contracts, templates, and guides are signed off by fully qualified legal professionals who have worked for some of the biggest corporations in the world. They each have at least 8 years’ legal experience and possess local and international experience. 

We strongly recommend that you sign up for one of our all-inclusive plans so that you can make the most of the guidance and support we provide. However, we also offer a pay-as-you-go options if you are not ready just yet.

Our plans are all-inclusive because it is important to us that you have the right support and guidance on each of the key legal protections. It is up to you whether you make use of everything available, but we hope that you do in order to give your business the legal protection it deserves.

We provide legal support for business issues, including contracts, intellectual property and company secretarial work. We do not currently provide dispute resolution, property law services or support for personal legal issues.

Absolutely not! Our contracts are tailored to your business needs and situation.

Every business should have its own, tailor-made standard contracts for customers which reflect the way it does business.

Having your own standard terms will ensure that you’re able to provide the protection that your business needs and will enhance your reputation because customers will know what to expect from you and what happens if things go wrong.

To be effective, your standard terms must reflect the way you do business and protect your business from the specific risks you face. In contrast, we know that many businesses resort to relying on generic templates or re-purposing contracts obtained from competitors or previous employers. The problem is that these contracts often do not match up with your or your customers’ expectations and fail to adequately protect your business because important risks are not properly addressed. Poorly drafted or ill-suited contracts are often not worth the paper they are written on.

We are keen to connect with experienced legal professionals across Africa with a shared passion for building the African corporate giants for tomorrow. If that’s you, please get in touch by sending us an email at hello@strandsahara.com.