Startup Contracts: A Shareholders' Agreement

After a company has been registered or even before, one of the most important things for its shareholders to do is to sign a shareholders agreement.

Basically, a shareholders' agreement is an agreement between the shareholders of a company that stipulates their respective rights and obligations and also provides a structure for the ownership, management, and finance of the company. It also provides for a means of resolving disputes between the shareholders.

Key provisions in a Shareholders Agreement include:

Appointment and removal of Directors

Transfer of shares

Reserved matters or matters requiring unanimous consent.

Dispute resolution clause

Termination

For more enquiries concerning preparing a Shareholders Agreement please email newslettersng@gmail.com or call or whatsapp 08068615703