A shareholders agreement is a confidential ‘living’ document, as between the shareholders of a company. It includes provisions surrounding matters such as:
It is important that all of the shareholders within your company are ‘on the same page’ in respect of these matters, so that you can confidently look to the future and grow the company’s business .
All business relationships come to an end – whether as a result of a relationship breakdown (at one extreme) or as a result of the death of one of the co-owners (at the other extreme), with many other reasons in between. But when you are in the throws of creating a new joint business venture, with all the positive energy and enthusiasm that entails, this fact is all too often forgotten with little thought given to planning for that reality.
In our experience, the following issues are best considered, discussed and planned for before the event.
If you would like further information about shareholders agreements, then please give us a ring on 04 970 3600. We would be happy to help.