Shareholders' Agreements · glossary

Shareholders' Agreement

The private contract between the three owners and the company, signed at Completion. It is private, makes the owners act, is confidential and can be enforced between the owners. Between them, it wins over the articles. The Parties · Clause 21.1 · Chapter 1

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

Also explained in M&A Foundations.

How it comes up, in Chapter 1
A shareholders' agreement (SHA) is a private contract between the owners of a company. It sets how they run the company, how they fund it and how any of them can leave. This workbook follows one SHA for a joint venture, a company owned by partners who each put in something different. You are a junior solicitor at Greaves Street LLP in Bristol, and you act for the owner with 35%.
Read Chapter 1, Why the Articles Are Not Enough →

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Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open Shareholders' Agreements → · All terms A–Z →