Shareholders Agreement
Drafting a Shareholders Agreement (SHA) is crucial for establishing clear understanding and collaboration among shareholders in a company. It outlines rights, responsibilities, decision-making processes, and conflict resolution mechanisms to protect individual interests and ensure the company's smooth operation.
What is a Shareholder Agreement?
A Shareholder Agreement is a contract between all or some of the shareholders of the company, it defines the relationship between the shareholders and the management of the company. Shareholders’ agreements are used to safeguard or give protection to the shareholder because they provide information about what happens if things go wrong.
Process of Drafting an Shareholder Agreement
Step 1: Share your requirements
Share your requirements and the list of documents mentioned below.
Step 2: Discussion with the professionals
You can discuss your requirements and doubts with our professionals and clear your doubts.
Step 3: Drafting and sharing of the first draft
Step 4: Review and feedback
You need to review the draft and share your feedback if any.
Step 5: Iterations and final documents
Step 6: Sharing deliverables
Documents and Information Required for Drafting of Shareholders Agreement
- Required information
- Documents required if any.
Key Deliverables
- First Draft (Soft Copy)
- Final Draft (Soft Copy)
Why choose Wazzeer?
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One platform for all your requirements
Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.
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Experienced professionals
Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.
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Defined process
Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.
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Cost Effective
You pay what you see in the proposal. No surprises or hidden charges.
Frequently Asked Questions
What does shareholders agreement contain?
Every shareholder’s agreement contains components like the number of shares issued, the issuance date, and the percentage of ownership of shareholders.
What does shareholders’ agreements tell?
Shareholders’ agreement describes the selling and transferring of shares to third parties.
What is the purpose of shareholder agreement?
The purpose of a shareholder agreement is to ensure that shareholders are protected and treated fairly, and to lay grounds for making decisions on the third parties who may become shareholders in the future.
Is a shareholder agreement legally binding?
A shareholders’ agreement is a legally binding contract among the shareholders of a company that sets out their rights and obligations, maps out how the company should be managed, establishes share ownership, and share transfer rules – all in order to provide clear solutions to contentious scenarios that may arise in.
Are shareholders supposed to make agreements public?
Shareholders aren’t supposed to make agreements public as shareholders’ agreement is a private contract and a separate document from the constitutional documents of the company such as -memorandum and articles of association – which are public documents.