Why you should have a Shareholders’ Agreement

A Shareholders’ Agreement is an arrangement amongst a company’s shareholders describing how the company should be operated and the shareholders' rights and obligations. It includes information on the regulation of the shareholders' relationship with each other, the management of the company, ownership and transfer of company shares and the obligations and protections of shareholders. A properly drafted Shareholders' Agreement should ensure that all shareholders are treated fairly and that their rights are protected.     When a new company is first…

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