Do you have a Shareholders Agreement?

As a business evolves its good practice to consider the shareholders agreement or consider implementation of such an agreement if you don’t already have one.

A properly prepared shareholders agreement should be a useful tool that protects the owners of a Company. The agreement may for example cover:

• The price to be paid for shares or a formulae that needs to be used.

• Directors decision making powers.

• Matters requiring shareholder approval.

• Responsibilities.

• Dividend policy.

• Restrictive covenants and confidentiality.

In our experience it’s too easy to underestimate the value of such an agreement to the owners of a Company.

We work with a number of legal practices who are prepared to undertake a free initial appraisal of existing shareholder agreements. Please contact us if you would like to take advantage of this offer.