General Shareholders Agreement

A general purpose Shareholders Agreement with drafting notes.

Covers most popular topics. 15 pages long.

• Definitions and interpretation
• Operation of the business
• Directors and the board
• Board meetings
• Duties of directors
• General meetings
• Issue of new shares and dividends
• Dividends
• Transfers and restrictions on parties
• Sale notice and first right of refusal
• Event of buy back
• Drag along rights
• Tag along rights
• Insurance
• Loan accounts
• Confidentiality
• Contracts, transactions and conflict of interests
• Commencement and termination
• Independent legal advice
• Costs and expenses
• Amendment
• Notices
• Relationship of parties
• Assignment
• Waiver or variation of rights
• Powers, rights and remedies
• Consents and approvals
• Further assurance
• Counterparts
• Entire agreement and understanding
• Governing law and jurisdiction
• Execution page
• Schedule 1: shareholders and directors

Our most versatile and popular Shareholders Agreement