When deciding how to write a shareholders agreement, you must first understand the business and what is important to the shareholders.
There are many types of clauses that are usually included in shareholder agreements as standard, for example
- the shareholders;
- the nature of the shares;
- voting rights;
- capital contributions;
- the company’s management (they are usually referred to as the ‘board of directors’);
- how shares can be bought, sold or transferred;
- how dividends should be distributed and how often;
- entering and exiting the company as a shareholder; and
- how to resolve inter-company conflict.
However, whilst this list may seem extensive, it is merely the tip of the iceberg when it comes to what could or should be included in a shareholders agreement.
Before drafting begins, shareholders need to really consider their business and almost think of every possible scenario and / or outcomes of a company life cycle. Here at Francis Wilks & Jones we are more than happy to guide you through this journey to obtain the perfect shareholder agreement for your specific company needs.
Our expert team of shareholder agreement solicitors at Francis Wilks & Jones are here to assist you with any shareholder agreement questions that you may have. Our practical and commercial approach and legal expertise means that we can assist whatever the nature of your desired shareholder agreement. Contact one of our expert shareholder agreement lawyers now for your confidential consultation now.
