Back to top

Shareholders' Agreement for a Private Company Limited by Shares

Progress:
0%
?
X

Please enter the number of people who will be signing the agreement.

Need
help?
Customise the template

Shareholders' Agreement



THIS AGREEMENT is made the.............day of.............BETWEEN:


________ of:

________


________ of:

________


(together called 'the Shareholders' and individually 'Shareholder')


WHEREAS



Part A - Share Capital


1 ________ LIMITED is a private company limited by shares incorporated in England and Wales with Company No ________ ('the Company') and with an issued share capital of ________ ordinary shares of £________ owned immediately prior to completion of this agreement wholly by ________.



Part B - Directors


2 The Shareholders shall continue to support any Shareholder named in this part to be or remain as a director (and shall oppose their dismissal) unless and until:

(a) they have ceased to comply with the shareholding qualification referred to above,

(b) they are in breach of this agreement,

(c) they are guilty of conduct justifying their summary dismissal at common law, or

(d) their employment with the Company is otherwise terminated in accordance with their terms of employment with the Company



Part C - Interpretation


3 In this agreement where any party is required to 'support' a proposal or position that requires them to exercise any powers and/or votes as shareholders or directors to enact such proposal or position, and not to oppose of fail to support any such proposal or position.

4 This agreement represents the entire agreement between the parties hereto and each of the Shareholders acknowledges that save as herein provided he has not entered into this agreement in reliance upon any representation, express or implied, written or oral.

5 The terms of this agreement shall prevail over the provisions of the articles of association of the Company and whenever any difference is identified the Shareholders shall introduce and support all necessary resolutions to amend the provisions of the articles so that such difference ceases to be of any effect.



Part D - Fafafbcffcb cb fafa cdfaaaabf


6 Fafa cdfaaaabf aacff aacaa fc acea abbaaf cb faa afbbfbd bd cb faa Dcadcbp cf faa cddcfbfaabf cb cbp faaafeaf, cbafbfaffcfcf, abdafefacf cf acbcdaf cb faa aacfa cf dcff cb faa abafbaaa cf caaafa cb faa Dcadcbp.



Part E - Severability


7 If a clause of this Agreement is determined by any court or other competent authority to be unlawful and/or unenforceable, the other clauses of this Agreement will continue in effect.

8 If any unlawful and/or unenforceable Clause would be lawful or enforceable if part of it were deleted, that part will be deemed to be deleted, and the rest of the Clause will continue in effect (unless that would contradict the clear intention of the parties, in which case the entirety of the relevant Clause will be deemed to be deleted).




EXECUTED AS A DEED









Signature:....................................








Signature of Witness:.........................


Name:.........................................


Address:......................................

..............................................

..............................................

..............................................









Signature:....................................








Signature of Witness:.........................


Name:.........................................


Address:......................................

..............................................

..............................................

..............................................

See your document in progress

Shareholders' Agreement



THIS AGREEMENT is made the.............day of.............BETWEEN:


________ of:

________


________ of:

________


(together called 'the Shareholders' and individually 'Shareholder')


WHEREAS



Part A - Share Capital


1 ________ LIMITED is a private company limited by shares incorporated in England and Wales with Company No ________ ('the Company') and with an issued share capital of ________ ordinary shares of £________ owned immediately prior to completion of this agreement wholly by ________.



Part B - Directors


2 The Shareholders shall continue to support any Shareholder named in this part to be or remain as a director (and shall oppose their dismissal) unless and until:

(a) they have ceased to comply with the shareholding qualification referred to above,

(b) they are in breach of this agreement,

(c) they are guilty of conduct justifying their summary dismissal at common law, or

(d) their employment with the Company is otherwise terminated in accordance with their terms of employment with the Company



Part C - Interpretation


3 In this agreement where any party is required to 'support' a proposal or position that requires them to exercise any powers and/or votes as shareholders or directors to enact such proposal or position, and not to oppose of fail to support any such proposal or position.

4 This agreement represents the entire agreement between the parties hereto and each of the Shareholders acknowledges that save as herein provided he has not entered into this agreement in reliance upon any representation, express or implied, written or oral.

5 The terms of this agreement shall prevail over the provisions of the articles of association of the Company and whenever any difference is identified the Shareholders shall introduce and support all necessary resolutions to amend the provisions of the articles so that such difference ceases to be of any effect.



Part D - Fafafbcffcb cb fafa cdfaaaabf


6 Fafa cdfaaaabf aacff aacaa fc acea abbaaf cb faa afbbfbd bd cb faa Dcadcbp cf faa cddcfbfaabf cb cbp faaafeaf, cbafbfaffcfcf, abdafefacf cf acbcdaf cb faa aacfa cf dcff cb faa abafbaaa cf caaafa cb faa Dcadcbp.



Part E - Severability


7 If a clause of this Agreement is determined by any court or other competent authority to be unlawful and/or unenforceable, the other clauses of this Agreement will continue in effect.

8 If any unlawful and/or unenforceable Clause would be lawful or enforceable if part of it were deleted, that part will be deemed to be deleted, and the rest of the Clause will continue in effect (unless that would contradict the clear intention of the parties, in which case the entirety of the relevant Clause will be deemed to be deleted).




EXECUTED AS A DEED









Signature:....................................








Signature of Witness:.........................


Name:.........................................


Address:......................................

..............................................

..............................................

..............................................









Signature:....................................








Signature of Witness:.........................


Name:.........................................


Address:......................................

..............................................

..............................................

..............................................