Stockholder Agreement Template

Use our attorney drafted shareholder agreement form to set out and explain the structure and nature of shareholder relationships to the corporation and to one another.

Stockholder agreement template. This shareholder agreement will help set up a structure for this corporation. Sample shareholder agreement agreement made and entered into as of the day of 2xxx by and among john doe residing at specify address hereinafter doe and mark smith residing at specify address hereinafter smith and. A shareholder agreement describes the rights and obligations of the company its existing shareholders and new investors. A shareholder agreement which is also known as a shareholder loan agreement or a shareholders agreement form is a contract made between the shareholders of a company.

You fill out a form. To the board of one of the shareholders shall fail to vote and act as a director to carry out the provisions of this agreement then the shareholders agree to exercise their right as shareholders of the company and in accordance with the articles of the company to remove such nominee from. Use this shareholders agreement to set out the basis for the share investment and the powers and responsibilities of shareholders. It determines the shareholders rights and responsibilities along with the specific outcomes and actions that will be taken in case a shareholder leaves the company.

A if under the terms of this shareholder agreement the shares of the shareholders are purchased or retired such shareholder or the legal representative of such shareholder shall execute and deliver all necessary documents that may be reasonably required for accomplishing a complete transfer of such shares for the purpose of the purchase. Updated june 5 2019 written by susan chai esq. How to modify the template. What is a shareholder agreement.

This shareholder agreement will help outline the expectations of all decision making parties in a corporation and it will be a critical document throughout the life of the corporation. The terms may include the rights of investors to information restrictions on the transfer of shares and rights of first refusal. Make your shareholders agreement online today with our free shareholders agreement template. For the duration and term of this agreement the shareholders will elect and continue in office.

Make a free shareholders agreement using our step by step interview. A shareholder agreement is a document involving multiple shareholders of a company detailing the specific outcomes and actions that will be taken in the event of a shareholder leaving the company whether voluntarily involuntarily or if the company ceases trading.