Shareholders' Agreement for a Private Company Limited by Shares (LTD)

This document can be used by shareholders to agree on certain aspects of how the company will be run, either for an existing company, or a company which is yet to be incorporated. It can be modified to be used:

• for private limited companies with any type of share capital (e.g. multiple classes of shares)
• to contain provisions relating to loans, share issues, share transfers and guarantees
• to create voting blocks / pacts
• to agree dividend policy
• to agree directors, managing director and director salaries
• to create shareholder lock-in periods
• to create a right of pre-emption

 

How this document is to be used

Any separate agreements relating to loans, transfers or guarantees which are referenced within the document and incorporated into the contract should be attached.

Where there are multiple classes of shares, multiple shareholders, share issues or transfers, the appendices to the document should be completed with the relevant details of the share capital prior to the agreement, any issues and/or transfers, and the share capital following the agreement.

If there are more than 5 parties, the names and addresses of each should be added in the section entitled 'Parties to the Agreement'.

Then each party should be given a copy of the document so that they can read it. If each party is happy with the agreement it should then signed by each with such signature being witnessed by an independent person.

 

Any Applicable Law

Companies Act 2006

 

Help from a lawyer

You can choose to consult a lawyer if you need help.

The lawyer can answer your questions or help you through the process. You will be offered this option when you complete the document.

 

How to modify the template

You fill out a form. The document is created before your eyes as you respond to the questions.

At the end, you receive it in Word and PDF formats. You can modify it and reuse it.