Shareholders' Agreements · glossary

Completion

30 April 2026, when the shareholders' agreement, the Business Transfer Agreement and Dr Sayer's service agreement were signed together. None of the three takes effect unless all three are signed. The vesting dates and the other anniversaries in the agreement count from Completion. Definition: Completion · Clause 2.1 · Chapter 1

Explained in Chapter 1, Why the Articles Are Not Enough, of Shareholders' Agreements.

The main page for this term is Completion (closing), in M&A Foundations.

How it comes up, in Chapter 1
At Completion the parties signed three documents together: the SHA, the managing director's service agreement and the Business Transfer Agreement. Under the last of these, A&W sold its two cold stores to the company. Clause 2.1 ties the three together.
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Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.

As defined in the training shareholders' agreement
completion of the matters in clause 2 on 30 April 2026;
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Where this term lives

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