Description
The Essential Guide to Shareholder Agreements
If your corporation has more than one shareholder, it will be important to have an agreement among the shareholders to govern their relationship. It facilitates the orderly operation of the business and the departure of a shareholder. This Agreement is called a Unanimous Shareholder Agreement.
This Kit contains easy to follow information about important terms typically contained in a Unanimous Shareholder Agreement, including:
1) Decision Making
What decisions require Shareholder approval?
(Such as bringing in new Shareholders, getting financing, selling the business, entering into large contracts, declaring dividends and other fundamental issues that affect the underlying success or failure of the business)
2) Money Issues
What are the obligations for Shareholders to put money into the Corporation from time to time?
3) Shareholder Departure
- Terms for the Buy-Out of a Shareholder
- Voluntarily Withdraw;
- Forcing someone out; or
- What happens if a Shareholder dies
4) Valuation
How to value the business at the time of a Buy-Out
5) Non-Competition
Rules preventing a Shareholder from competing with the Corporation, both while still a Shareholder, and after departing.
The Kit contains both a sample and a template Unanimous Shareholder Agreement, together with optional clauses to help you customize your own Agreement. It also has step-by-step instructions and a comprehensive booklet on how to complete these documents.
This Kit will help you complete these matters in a professional, yet affordable manner.
Using our Unanimous Shareholder Agreement Kit can help save significant legal fees, and will also be an invaluable source of information so that you can better understand many of the legal issues that affect you. It is designed to be used by everyone, including people who have never previously been a shareholder of a corporation.
You will learn all about Shareholder Agreements and how to create one for you and the other shareholders of your company. Of course, the Kit also answers many commonly asked questions and provides valuable legal information that is simply not available in any other similar form!
The Kit is written in plain language and is easy to follow so that you can easily understand and use the information provided. It is written and updated by knowledgeable and experienced lawyers who understand and appreciate your needs.
You Can Do It! This Will Help You Do It Right!
Remember, Knowledge is Power!
Because You Don’t Know What You Don’t Know
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