What Is A Shareholder Agreement?

A Shareholder Agreement is a legal contract between two or more shareholders or business owners that sets out the rights, obligations, and duties of each partner. In the corporate world, it is natural to have miscommunication over the contract terms among the Partners or shareholders that can lead into disputes if remain unresolved. Disputes can also occur over how to run the business, share sale agreements or over monetary returns and capital distribution. If a business has multiple shareholders, a Shareholder Agreement is helpful in clarifying how the decisions process will function to smoothen the business process. It also mitigates future confusion and conflicts regarding shareholders who are not mentioned in the constitution. We understand that comprehending the complications of legal obligations is far from easy. At Perth Commercial Lawyers, we are committed to providing thorough assistance to ensure fair practise in conducting legal operations. We can help in clarifying complex legal terms to give straightforward guidance to help you pursue your business goals.

What Is Included In A Shareholder Agreement?

The Shareholder Agreement is different for every company as they have different sets of revenue and practices. Some provisions in Shareholder Agreement includes the quantity of shareholders, their objectives, funding arrangements, business nature, and industry practices. However, some general clauses are included in every Shareholder Agreement, as shown below:-

Commercial Lawyers Perth are solely focused on providing quality legal advice to get the best possible results for our clients. Over the years, our legal team has worked with a diverse range of clients spanning individuals, small and mid-size companies, and large companies. We comprehensively prepare Shareholder Agreements to include the best terms and conditions that suit our client individuals and businesses. If you require legitimate counsel regarding Shareholders Agreements, please reach out to us for any support you need. Our team at Commercial Lawyers Perth have extensive experience in guiding clients regarding Shareholders’ Agreements and the associated legal issues. We are committed to drafting Shareholder Agreements in our clients’ best interest, while complying with the clauses of the company’s Constitution. We aim to give our clients valuable legal aid to ensure that their interests are legally protected by the Shareholder Agreement.