How You Can Access Shareholders Agreements And Shareholders Agreement Templates
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One on the best ways to protect your business is to have watertight legal business
agreements in place and an example of one of these is a shareholder agreement.
Shareholder agreements record who and how many shareholders there are in the company. They may require departing employees/shareholders to sell their shares to remaining employee/shareholders so that the shares remain in-house. They may also specify what happens to the shares if a shareholder dies or becomes disabled and shareholder agreements may also give shareholders an option to force the company to purchase their shares in certain situations.
A shareholder agreement can be used for large and small companies because even small businesses have to operate under the same company rules as the larger ones. Using a shareholders agreement allows you the best of both worlds.
But beware: It can be expensive obtaining shareholder agreements through the offices of a solicitor. Most solicitors' fees are calculated by the minute and they also bill for their travel time and parking charges.
The best place to obtain legal forms, for a fraction of the cost, is from Net Lawman - an online company with a dedicated team of legal professionals. All of Net Lawman's legal documents are in English, easy to read and come with explanatory notes.