Shareholder Agreement
This Shareholder Agreement ("Agreement") is made and entered into as of
by and among:
- Company Name:
- Registered Address:
Recitals
WHEREAS, the Company has authorized share capital as set forth below and the parties wish to regulate their respective rights as shareholders of the Company;
1. Definitions
"Shares" means the ordinary shares of the Company.
"Board" means the board of directors of the Company.
2. Share Capital Structure
| Shareholder |
Number of Shares |
% Ownership |
|
|
|
|
|
|
3. Management of the Company
- The Board shall consist of the following persons:
- All material business decisions shall be approved by:
4. Share Transfers
- No Shareholder may transfer, sell, assign, or pledge shares except as provided below.
-
Right of First Refusal: If a Shareholder wishes to transfer shares, they must first offer such shares to the Company and then to the other existing Shareholders on the same terms.
-
Tag-Along Rights: If a Shareholder proposes to sell shares to a third party, the other shareholders shall have the right to sell a proportional number of their shares on the same terms.
-
Drag-Along Rights: If a majority of shareholders agree to sell their shares, minority shareholders may be required to sell their shares on the same terms.
5. Confidentiality & Non-Compete
- All Shareholders agree to maintain confidentiality about the Company's business and trade secrets.
- No Shareholder shall compete with the Company for a period of
6. Term & Termination
- This Agreement remains in effect until terminated by mutual written agreement or as otherwise provided herein.
7. Miscellaneous
- This Agreement shall be governed by the laws of
- Any amendments must be in writing and signed by all Shareholders.
- If any provision is held to be invalid, the remainder shall continue in effect.
8. Signatures
Shareholder Name:
Signature:
Date:
Shareholder Name:
Signature:
Date: