A Shareholders Agreement is an agreement between the shareholders of the company and regulates the rights and obligations of the shareholders and directors to each other and to the company.
A Shareholders Agreement is a private agreement/document regulating private matters between the parties (funding, breach & disputes), whereas the Memorandum of Incorporation is a public document and will include the provisions as set out in the Companies Act.
The effect of the aforesaid, is that that shareholders should have both an MOI and a Shareholders Agreement.
It is recommended that this Shareholders Agreement be purchased, together with the Memorandum of Incorporation Precedent.
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This Shareholders Agreement is a legal precedent which regulates the private agreement between shareholders and directors of a company and their rights and obligations towards each other and to the company. The precedent can be used for ay size company and aims to cover your righst in the event of a dispute.
