ContractStore - Shareholders Agreement Contract Template For Two Parties With 50 Percent Share

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A107 - Shareholders Agreement Template - Two Parties

Description and usage
Shareholders Agreement Template - Two Parties

This shareholders' agreement is suitable for two individuals who set up a limited company to run a new business in which each of them will have 50% of the shares.

This is an eight page document with 18 clauses covering

interpretation
the nature of the company's business
capital
profits policy
the company’s directors, chairman and secretary
meetings
day to day conduct
the company’s bank account
accountants and registered office
matters requiring the consent of both shareholders
shares
exercise of voting rights
non-competition
default
deadlock procedure
death of a shareholder
a miscellaneous clause addressing partnership, assignment, notices, waiver, ambiguity and governing law.

This agreement is useful as a basic document to ensure clarity and safeguard the interests of shareholders. Also see our Checklist for Shareholders Agreement.

For a three party form of this shareholders’ agreement, see Document A166.

What's in it? - See detailed Explanatory Notes below

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Shareholders Agreement Template - Two Parties

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You will find this contract in:

	Partnerships and Shareholder Agreements
	Full Catalogue
	Business Structures
	Santander

You may also find these contracts of use:

A108	Heads of Agreement (New Company)
A131	Agreement for Sale of Shares to another Shareholder
A147	Agreement for Sale and Purchase of a Business - Assets
A149	Partnership Agreement (3 partners)
A166	Shareholders Agreement - Three or More Parties
A176SA	South African Shareholders Agreement
Z142	Checklist for Shareholders' Agreement - Free Document
Z145	Checklist for a Joint Venture - Free Document

What's in it?

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