SHAREHOLDERS AGREEMENT
Every company raises its capital through shares plowed in by shareholders. Therefore, shareholder plays a major role in the functioning of a company and their relationships have to be guided and overlooked. A formal document that lays down the terms and conditions that shareholders comply with the company is what constitutes a Shareholders Agreement.
eStartIndia is an online legal service platform where a team of expert legal professionals from India, offering a variety of legal services relating to all kinds of agreements legal notices, negotiable instruments, company registrations, intellectual property, tax services, personal and property services.
eStartIndia will help you to draft a Shareholders Agreement from the comfort of your home, offering you services that are very specialized and tailored as per the requirements.
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WHY CHOOSE eStartIndia?
This organization comprises of expert legal professionals, who use` their expertise will draft your shareholder’s agreement that shall cover all the legal requirements and needs of the parties. The experience and the knowledge that our professionals hold can help you in including clauses in the agreement that shall effectively describe the relationship between the parties and company as well as avoid confusions or difficulties in the future.
ADVANTAGES OF SHAREHOLDERS AGREEMENT
- IMPROVES CLARITY: The agreement involves a detailed description of the nature of work and relationship among shareholders and with the company that will avoid confusions.
- GUARDS THE PARTIES: The parties express their will, rights, and duties in an agreement which reduces the scope of disputes between the parties in the future.
- PROOF: it acts as evidence that expresses the duties and rights which the parties have agreed on.
- SCOPE OF CONFIDENTIALITY: the Agreement involves clauses that state the compliance with any confidentiality that the parties may prescribe in their contract.
- INTELLECTUAL PROPERTY RIGHTS: The ownership rights and usage rights of trademark or trade name (if any) will be clearly distinguished in the shareholder’s agreement that will establish the rights of parties very clear.
Click here to read more about the “Term Sheet”.
CONTENTS
- Name and details of parties.
- Date of the agreement.
- Purpose of the agreement.
- Distribution of shares.
- Management and control.
- Shareholding( before and after).
- Confidentiality Clause.
- Dividend.
- Director’s loan (if any).
- Penalties and remedy for non-compliance.
- Provision for transfer of shares.
- Shareholders rights and duties during the dissolution of the company.
- Signatures of parties.