How to make sure you get fair shares

Posted by netlawmanuk on Apr 27, 2009

No one should go in to business blindfolded, so if you are forming a company with someone else then you need to agree a set of ground rules. Set up a shareholders’ agreement to protect each other’s interests.

Download a comprehensive template agreement from Net Lawman.

All the shareholder agreements lay out the terms of business for new or existing companies needing to protect shareholders against:

 Lender warranties and borrowing money,
 Consequences of joint ventures or short-term projects
 Powers of working directors
 Consequences of share transfer agreements.

The idea of each document is to ‘level the playing field’ for each participant in the venture, so shareholders, directors and lenders have a full understanding of the any venture and the likely rewards or problems.

The shareholder agreement templates are designed for business managers and individual as a cost-effective alternative to taking expensive legal advice before taking business decisions. They are also a solution for lawyers who don’t have the time or resources to draft complicated documents.

You may be interested in related documents:
   
Shareholder agreement £49.00
   
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