A shareholders' agreement is an agreement between the shareholders of a company. They usually establish:
Voting trust: all the shares of the parties and the respective voting rights are transfered to a trustee, who acts according to the voting trust agreement;
Voting agreement: the shareholders previously decide the way that they will vote their shares;
Shareholder management agreement: the shareholders settle how they will exercise corporate power;
Restrictions on transfer of stock: the shareholders state reasonable restrictions to stock transfer.
Wednesday, July 30, 2008
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