Hundreds of UK women take legal action against sterilising device manufacturer Essure
Hundreds of UK women take legal action against sterilising device manufacturer Essure – Have you been affected? Women in the UK are launchin...
Read moreA shareholder agreement is a contract between the shareholders of the company and regulates the rights of each of the shareholders within the business. The agreement will set out the shareholders rights and obligations, regulate the sale of shares in the company, define how important decisions are to be made and provide an element of protection for minority shareholders and the company.
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A shareholder agreement is not registerable at Companies House, and as such, it has the advantage of being private. It usually contains a detailed provision on the decision making and voting process, transfer of shares, dividend policy and any other matters which the shareholders wish to regulate in a contract.
The key advantage of having a shareholder agreement is that it helps prevent complaints of unfair prejudice since the exit strategies are detailed within the contract as is the shareholder’s right to be involved in the decision-making process.
Shareholder agreements cover a wide variety of issues, including:
The types of documents that are required to implement shareholder agreements include:
Once you have an idea of the points and issues you want to include in a shareholder agreement, the shareholders' agreement itself (together with the supporting documentation to implement the arrangements) can be produced in just a few days. Timing can be affected by any points and issues that need to be negotiated between the shareholders.
If you are in the process of setting up a business and would like some expert advice on how to best set up your shareholder agreement, please contact the team here at Curtis Law Solicitors. Call our experienced team of solicitors today and discuss your requirements today; you can call us on 01254 297130 or get in touch via our simple enquiry form below, and our team will be in touch with you as soon as possible.
Hundreds of UK women take legal action against sterilising device manufacturer Essure – Have you been affected? Women in the UK are launchin...
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