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Unit holders Agreement is an agreement between unit holders and the Unit Trust

Unit Holders Agreement with Trust

Unit holders Agreement is an agreement between unit holders and the Unit Trust.

A Unit Holders Agreement with a Trust are cost-effective and allow for:

 

 

 

 

 

– alternative dispute resolution clauses for unit holders

– the issuing, valuation and transfer of units in a unit trust

Unit holders & Trust Agreement outline the  unit holder’s right and obligations.   The rights of unit holders are managed by the Unit holders Agreement as set out in our  Agreement, the opportunity for conflict is substantially reduced.

The Unit Holders Agreement is all inclusive with our Unit Trust Deed. You can download both together as a cost effective bundle.   You can also purchase separately the Unit Trust Deed and the Unit Holders Agreement. This document is ready to download in word format.

Unit Trust Deed

A Unit Trust Deed Agreement is between unit holders in a Unit Trust. Where a Unit Trust is used, it is normally accompanied by a Unit Holder’s Agreement.

  • CONTENTS
  • 1          Definitions & Interpretation
  • 2          Trust
  • 3          Beneficial interest of unit holders
  • 4          Issue and classification of units
  • 5          Register of unit holders
  • 6          Certificates
  • 7          Redemption of units
  • 8          Transfer of units
  • 9          Transmission of units
  • 10       Income and capital
  • 11       Categories of income and capital
  • 12       Distribution to unit holders
  • 13       Statements and accounts
  • 14       Appointment and removal of trustee
  • 15       Variation of trust
  • 16       Modification of class rights
  • 17       Provisions relating to trustee
  • 18       Meetings of unit holders
  • 19       Limitation on liability of unit holders
  • 20       Investment powers
  • 21       General powers
  • 22       Termination of trust
  • 23       Notices and service
  • 24       General Provisions
  • 14 pages long.

Unit Holders Agreement

  • CONTENTS include:-
  • 1          Definitions & Interpretation
  • 2          Unit holding structure
  • 3          Management of the company
  • 4          Unit holders’ covenants
  • 5          Matters requiring a special resolution of unit holders
  • 6          Execution of documents
  • 7          Dividends
  • 8          Accounts
  • 9          Encumbering Units
  • 10       Insurance
  • 11       Drag along and tag along options
  • 12       Mediation
  • 13       Non-competition
  • 14       Conflicts of interest
  • 15       Confidentiality
  • 16       Mutual covenants
  • 17       Exclusion of implied relationships
  • 18       Term of agreement
  • 19       Continuing rights
  • 20       Notice
  • 21       General provisions

 

 

 

 

 

 

12 pages

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