Shareholder and Partnership Agreements

Shareholder Agreements

A comprehensive shareholders’ agreement will make provision not only for problems you can anticipate but also for those you can’t.

 Our expert business lawyers have years of experience drafting shareholders’ agreements and dealing with business problems on behalf of clients. We can ensure your shareholders’ agreement allows for a favourable solution should inevitable challenges arise, and you can get on with business knowing your interests are taken care of.

In any Private Limited Company, it is open to the Shareholders to regulate their relationship by producing a Shareholders’ Agreement. This is very common and advisable in Private Limited Companies. This can regulate very important issues among the Shareholders such as:

• The obligations of the respective Directors and Shareholders.
• The Dividend Policy of the Company.
• The amount of capital which will require to be contributed on subscription by each Shareholder.
• The method of transfer of shares in the event that one Shareholder wishes to exit.
• Transfers of shares on death and incapacity.
• The method of valuation of shares in the event that transfer is to be effected for any reason.
• Restrictive Covenants for Shareholders to regulate their activities after exit and to prevent, for instance, competition with the Company after share sale.

We can advise on all aspects of preparing a Shareholders Agreement and put this in place for you.

Partnership Agreements

Starting a business and going into a partnership is an exciting venture, but people often neglect to think about what might go wrong.

Regardless of whether you are going into business with a connection, friends or family, you must have a partnership agreement in place to account for all eventualities. We never like to think about things going wrong, but if they do, it is vital to have a clear idea of where each of the parties stands. To give your business the best possible foundations, contact us today.

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