Shareholders Agreement (Company)

A Shareholders Agreement is an important contract between business owners, that governs how decisions are made, what happens when a shareholder wants to leave the company, how disputes are handled and other important matters. Even if you’re in business with friends or family, having ground rules is always healthy for the relationship and the business, especially as your business grows and the stakes become higher.

WHAT’S INCLUDED?

We’ll draft a Shareholders Agreement customised for your business.

This package includes:

• Drafting a Shareholders Agreement in accordance with the requirements of your business
• ASIC company search for 1 company (if required)
• Phone consultations (up to 60 minutes) with a Sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the agreement
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft
• Preparing a standard Deed of Accession that you can use with future shareholders

This package is for a Shareholders Agreement with ordinary shares. If you would like to issue different classes of shares, additional fees may apply.

If you need further amendments in addition to the 1 complimentary round of amendments above, we will need to set up an additional project. Additional fees may also apply if you request several rounds of changes as a result of negotiations between shareholders.

Please note: Under this package, we will act as lawyers for the company that is party to the Shareholders Agreement, and not for any individual shareholder.

Parties to a Shareholders Agreement may have different or conflicting interests. Each individual shareholder should consider seeking their own legal representation. By electing to proceed without separate legal representation, each individual shareholder agrees to waive any conflict of interest arising out of our engagement by the company.

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