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Shareholders Agreement Precedent

This is Shareholders Agreement Precedent for a Private Company, South Africa.

A Shareholders Agreement is a legal and enforceable agreement, entered into between the shareholders of the company (where there is more than one shareholder), and which regulates the rights and obligations of the shareholders, as between themselves and as between the shareholders and the Company.

A Shareholders Agreement is a private agreement/document and includes provisions which have been agreed to between the shareholders, such as:

  • Voting
  • Meetings
  • Appointment of Directors
  • Sale of shares and pre-emptive rights
  • Disputes
  • Breach by a Shareholders
  • Deemed offers

A Shareholders Agreement differs to a Memorandum of Incorporation, which is a public document/certificate issued by the Companies office (CIPC). The MOI is not an agreement per se and will be the standard form MOI issued by CIPC (unless personalised by the Shareholders). The MOI will therefore not cater for the private needs/agreement of the shareholders.

The shareholders should therefore have both an MOI and a Shareholders Agreement.

It is recommended that this Shareholders Agreement be purchased, together with the Memorandum of Incorporation Precedent.

BUY THIS PRECEDENT NOW – CLICK ADD TO BASKET/CART BELOW AND PRECEED TO CHECKOUT

Description

SHAREHOLDERS AGREEMENT TEMPLATE

This Shareholders Agreement Template/ Precedent:

This agreement is a legal precedent / template which regulates the private agreement /matters between shareholders of a company (as between themselves) and between them and the company, as well as the directors of a company. This agreement is for a private company in South Africa.

This legal agreement template can be used for any size company (provided there is more than 1 shareholder) and aims to cover your rights as a shareholders and director.

A shareholders agreement will be used in addition to a Memorandum of Incorporation, which is a company document / certificate issued by the Companies office of South Africa (CIPC). An MOI is in itself not a legal agreement but rather a company document and contains the minimum company requirements.

 

Shareholders Agreement Template

Clauses in this Agreement include:

  • The Shareholders details
  • Shares held by the shareholders (percentage)
  • Meetings
  • Quorum for meetings
  • Voting rights
  • Appointment of directors and removal
  • Funding of working capital and additional funding
  • Restricted matters / decisions which require a special resolution (as a minimum) – include items which are important decisions as which require more than an ordinary resolution of 51%
  • Breach – and deemed offers
  • Confidential information
  • Disputes
  • Pre-emptive rights / sale of shares to third parties

For a sale of shares agreement: Click Here

For an MOI: Click here

Shareholders Agreement Template South Africa

About our Shareholders Agreement Legal Template

  • Has been drafted by a lawyer with over 14 years experience 
  • Protect your legal rights as a shareholder 
  • Is ready to use. All you need to do is insert your details
  • Supports Microsoft Work
  • Includes drafting notes
  • Comes with free after sale support

How to buy an Agreement

  1. Search Your Precedent
  2. Add to Cart and Checkout
  3. Pay via Payfast
  4. Immediately have access to your agreement
  5. Unlimited downloads

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Additional information

Shareholders Agreement

"Shareholders", "Company", "Private"

2 reviews for Shareholders Agreement

  1. Hezekyas Drar

    I like to say thank you so much for your good hospitality,concentration and your excellent service, you are the best and honest, God bless you.
    Hezekyas Drar

  2. Joan (verified owner)

    Excellent agreement and great service. Download was available immediately and without any issues.

    Joan

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