A shareholders' agreement, also called a stockholders' agreement, is an arrangement among shareholders that describes how a company should be operated and outlines shareholders' rights and obligations. The agreement also includes information on the management of the company and privileges and protection of shareholders. It also outlines what outside parties can acquire shares, and on what conditions.
When starting a new business that involves two or more partners, it is useful to draft a shareholder agreement in addition to bylaws and articles of incorporation.
Our law firm has experienced attorneys who helped numerous companies create a corporate kit customized to their specific circumstances, to make sure that everyone’s rights are protected and obligations are clearly outlined. Call Demidchik Law Firm to get started!