A comprehensive shareholders agreement for a company. Use this agreement to protect the rights of each shareholder against each other and also for setting down the strategic management of the company. This agreement could be put in place at the time of incorporation or shortly afterwards in order to set out the balance of shareholder power as the company grows. It is suitable for companies where all or some shareholders are also directors, or where there is a mix of active and inactive owners.
A comprehensive shareholders agreement for a company controlled by majority shareholder. This agreement gives the minority shareholders their statutory rights but does not give special protection.
This shareholder agreement has been drawn to include the provisions that a large professional or institutional investor such as a business angel, venture capital or private equity investor would require to protect their investment. It also considers the provisions of minority shareholders, who by virtue of the circumstances are likely to be the founders and friends and family of the founders. Additional features to other Net Lawman shareholder agreements include: drag along and tag along rights, key man insurance, rights of preference, rights of first offer, and increased reporting requirements.
This joint venture shareholders agreement regulates a single project that will be structured through a company. The project that the company will undertake could be anything: from a property renovation, design and creation of something, or buying a company in order to sell the assets. This agreement is different from other Net Lawman shareholder agreements largely because this is a single project venture, so the agreement places particular emphasis on the exit arrangements.
This shareholders agreement template suits the situation where each shareholder is the owner of his or her own leasehold property within a building or scheme that is managed by the company.
It provides clear and practical routes through the contentious areas of who controls what, and leaves the owners with an arrangement that maximises efficient, democratic management of the communal areas of their property.