Simple Shareholders Agreement
The document also contains information on the management of the company and on the protection and privileges of shareholders. 9.1 If the parties fail to reach agreement on matters that require a majority or consensus or that otherwise can reasonably regard a situation as a deadlock, the parties proceed according to the following procedure: this agreement will help reduce the likelihood that people will misinform what they need to do to be shareholders. And it can reduce fear and related problems. The main purpose of the presentation of shareholder agreements is to protect the shareholders` investment in the company. It also aims to establish a fair relationship between shareholders and to control the company`s activities. If you are writing a sample for a shareholders` agreement, make sure that it: (could suggest that 75% or whatever was negotiated or others, if deemed appropriate in the circumstances, especially when/if the board of directors is enlarged) (a simple majority could also vote on ordinary decisions if the board of directors has more directors) The above parties are hereinafter jointly referred to as „parties” and individually, a „party” means the following shareholders` agreement (the „Shareholders` Agreement”) with respect to the ownership of the parties to COMPANY NAME, USt-IdNr. NUMBER, a company registered under the laws of the country (hereinafter the „Company”). .