Key description
- This agreement provides a very thorough framework for the shareholders of any private company to set out the precise structural management of their business. It covers the provisions that will be important to owners of most private limited companies.
Language
Categories
Industries
Covered clausesGeneral
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Definitions
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Interpretation
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Relationship of Parties
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Appointment and Removal of Directors
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Duties of Directors
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Proxy Votes
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Company's Obligation
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Actions Requiring Shareholder Consent
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Existing and New Intellectual Property
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Assets Introduced By a Shareholder
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Confidentiality
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Exit Strategy
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Transfer of Shares and Right of Pre-Emption
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Procedure After Transfer
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Transfer of Shares on Death or Incapacity
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Transfer of Shares on Bankruptcy
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Restrictions on Shareholder After Transfer
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Shareholder's Continuing Obligations
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Life Insurance Provision
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Publicity
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Conflict With The Articles
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Breach of This Agreement
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Dispute Resolution
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Severance and Invalidity
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Miscellaneous Matters
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Schedule 1: Ownership of Assets Used By The Company
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Schedule 2: Letter of Instruction To Accountants For Valuation
