sample shareholder agreement closely held corporation

endobj /F3 9 0 R )_T56B4eK#5Y!QU0I-R?7SOl(!-'a=[K('Bi\)8@_Fa:c]s6Y6 SHAREHOLDERS AGREEMENTS FOR CLOSELY-HELD CORPORATIONS SAMPLE FORM Disclaimer:The Sample Form is intended as a resource for attorneys, but is not a substitute for the attorney’s judgment and application of the releva nt law to a client’s circumstances. << \t%B2K2Cj=ZZ&k\&2f"=d'>haH[`o`8"%s\$&JLTh7SDfu1CYRlb4[l8e/gHdM]0aEXYNH0/d3^%1lePQ)Ffem+g^HeV'&TF(C#[dk*6-Lnm%qEe'qbD#-g^u6\.en5*2He endobj /Contents 71 0 R << 24 0 obj >> >> /ProcSet 2 0 R /Resources << /Filter [ /ASCII85Decode /LZWDecode ] >> << )TqFjZA1NBIRVg>#[5,fs+KDD02]T,FFq[0p8FU(_#m`+`D"O0K72$f;iM`A2`BtJ>D@@;mj9F$ZSS32-P)96L/9WT]eGdc#2=jD$D-1T91(K%;K$m1j:&h 44 0 obj ?pL@kNuhufih@4tPFj2WSD>Z$cE1qP*n.SVb'GSJG;L;a:ea8nq9LZQjD.d&8d>LFU?CN:9#7JG\JcKHo4Kp6qi7$Y5Ng]F'7S55\3aI$\#9!b9k&NG!L^nAfN:nMKNdo6U7"g8aJ74CXE$m*a#>p&tnMnr2GN+@$-M2!Y;^q?jA_[L/,1We+-hjd-$\3!HLo`@815JPN;cLbC7-ksG`Y7&XD,Al]8U 17 0 obj endstream /F3 9 0 R /ProcSet 2 0 R I:+h0E"f\-Na1m*`j@VHI\jR)X/2i%0"BZ;X-::A2GM$3-b-@T)g!pco?bK6:RjL5hMf_W4:hu<8D^Sd8LQl,O@EOn-XW+F4aCE)8Qe;fc!1(EN(j)RX9otl9I@>g82-(Oeg"])u(n endobj ?$H+,e$KV1Wt'ZfO`TG"=PfE6em7m3M*Y"jW8pf;,QC738nB << /Length 34 0 R %%Page: 19 19 >> >> /Type /Page @,eb*lH8m@YU!&P,4P4OE;Ed+.g05oe#9;YVr\KY-3XC*q;Q"b`?nmop'(lR$:'1K^o.P^S-\SU'QAM_&K[tqV\R15(,:>Fb1$^tJdOc##lpP'J;=K(V&-B8d,ap5TS");72X7!0Tg$I+HICjM@#r5$,EMWEA\6r3\,1D'I+h@Xt9N\?PN^5'i! >> 4 0 obj )U4LIF&o'+AB\\JNobb6d&nk"8&VmMXA?EF94rnJH>a9!W=uYH1?ads3M@k5;o_,g[O4e_In_ >> 32 0 obj ((`j][T?*_.h%!./ZMfGe06n/,:do;Qq2I!'(NUuJHf",6`b)J@dAmWMDYSL`264:4Y]_UoeE?#b@MrdD[Nuo'3OWL5sdpJ`M$oXdYNWSOcG`Bl;,=^+D(^9M+f3`U+0j'Lk;/.C.ATc'/^8.,V1ofi_K03)lAq(!AXU+S7UE^-C9Q,@PLSN*9%)*RO%C(Rj`%)LG]sX*kl(Z.r'fG9;D3Qn^Eh0>jqc;r#;@GTPa'Nl=PV(]'V\eQo4qE[+E(G;*#k45n1YhrY]j`$HK@M? /Resources << (@8B1#8EKPrrAN2Ig"^.`UE)?^aqH&U4.f_V7@Se-Zm,bU159PfOuUgVjN#bkT7t3gd(Zcr;,l'qN3R5cNDi >> >> The Shareholders Agreement - A Sample Agreement Contact: Mike Volker, Tel:(604)644-1926, Email: mike@volker.org (Note - this is just a sample agreement to give the reader some basic ideas. stream /Resources << In simple terms, a shareholders’ agreement is a written contract between investors of a corporation. noPXh$@?+nU=HU;^?nc"'p#+j"fnsP`n)cego(-r2[:rkXFt%+\GO2G#(;%48)JRO8[YoP`1+1dbH-jiZEOPKePBEBS"kS>71)=S+G;G? qXES&iW9~> In a Shareholder Agreement, the corporation and the shareholders agree to the bounds of the relationship between them. >> /ProcSet 2 0 R /ProcSet 2 0 R >1YTMHfeTURC-T,",2J(@jo(%G!O(&kV"'m2#!c']Zou?&H^8c/%dYl-6UHg4K*Z'\X#[07C=^rOUQ8im;C^;nirR:?Ud$VoIFi]*IF;h\YdVto[g>YH'8!SjiRBaj9C57^Lb8oe^_BV0:n`e$B;L@Dh4)dZ)tG6s4m5TB /F1 7 0 R << /F5 27 0 R >> << >> /ProcSet 2 0 R ;]i;+###,E?3XT<3RYI"-^^MrR0hrS`+/Su$)-ak$bF)YL[5s3G;mTJW /Length 68 0 R They do so by providing a mechanism for establishing the transaction price and providing for the funding and payment terms of … >> /Filter [ /ASCII85Decode /LZWDecode ] /Type /Page >> 3636 �� v`v��.����lrH31� ���7��� ��30�oҬ5?��r��@��@�� ��u� i8c_R8l[kFcqm[Z#=Htu5kDi-HZsG[Po+F"VmFgG1TWO+YgZfr]%irH09bTX;X`0rV)gJTEfULS*0VUJ;e2*r8Vg'S)$U,aFGSF?%#17LTrgO,BaG0SP,.>9cG8Q4cp;5e:95jY>^WbU(D6OZUKis_KVX%W7O`teR?@bC! /F2 8 0 R \t%B2K2Cj=ZZ&k\&2f"=d'>haH[`o`8"%s\$&JLTh7SDfu1CYRlb4[l8e/gHdM]0aEXYNH0/d3^%1lePQ)Ffem+g^HeV'&TF(C#[dk*6-Lnm%qEe'qbD#-g^u6\.en5*2He In this context, the term “close corporation” is >> ,le8UVtOL ;=Xoe&V[aqP5T.tA2Jj3@3A"5U#ir"Cm!p1c1o[G;.B\j(0DEF69\,oH6; >> /Filter [ /ASCII85Decode /LZWDecode ] /F2 8 0 R /Type /Page 51 0 obj *ZeOT[oH^EBO`h << ]CY\R!Cc3>'Q%Q'_5\\7YN2Fc^A3b5qjRUgZ!R/rI17A[7bgFMo/qi?MFBUgSQVFC-C35Y8,C+^KN,J6i%*WIU-`hj^jh*sjb4mu3a?ZC-K7^`o3U%['X=.m0%)aRs 58 0 obj 46 0 obj 70 0 obj $YrcPWo2Mc4TZ)dmS6]X"+djOlQ(V`cE(3qX1D154,Hj5cs.P<9AiZsXG\j]PMe!6s$4S'+@%_P+WtN`>%*+[odm8H6F!L^@Y4"1(JZC;#'XjA3\>tT`9,0XRRpXefHsGHh]m8Z>LtahM1S,iSO2]%=odm!4,W*`e6"G#F*0_V!,!nlJO%()"[$I.a>m`aj>W(! /Contents 55 0 R /MediaBox [0 0 612 792] [PeiNVX"+5b1c4Mr*#nJ10WGQIr[^.n]$e[Od#-Pc:\AkQ5$PP3T/YFnc_Lc3VTnYkVR&(M\g4Y)m`?^3b5*iQZ)Zt>+B5q@tK1(fVM?%/sXkjPBj%NAifhP"3 *(:J?=1l9:&4)`jq,) stream qTtn0dOa-I=#=3^X:'YfQ6M`F8fgF>eWSLf/`eBdui-o[Q)7YD93uS_5fG:s4:n`Y4+?TbIBKOi;eF%Tk-':H'^@T*8:bnhCKYqb9Y&Ob9eJ4]+8WDW>ilVh0FA.4%"T-S(*a'oNN6NY*U-ZX /Length 62 0 R stream 55 0 obj stream 29 0 obj stream >> << "p@4YXJiMe6D.3^+G3r%(s9.cEGI@&$?l`,Q=!=* C'I?EE3M/+!35"S3!K@d"e_@n+K?ia\dj=J7,X#>B[/)8W-@CN?K*++%EKm3A>h)%iXa?#L&0u/Xs50,"$i(U5e%2PXT!1E#_7NC^pkZ:B+$AO"i--)TU9TCC'CgG%T$a@_mVUfC'\4G$3q[ZTRmH"ZNd'f%`7i_n2gf8eIR@a$4mmYK[L'7GW,%Jnl4,(_MGbmEZTi[i"XJ(9s0(d;h/8Gj.Nr~> [I?3[/-A^I/>_Z'nCm0TYog(9"m6^AqcNs0L#$mhc/:n65DD[ame$DchF-+OC2)%2G6+ %%Page: 9 9 /MediaBox [0 0 612 792] /Type /Page c6uDE_9OWKi4B[M$rm%+C.V+kJ\7?H2@LISMLN(d"_J1]6Q]?IZ_[=:(obKGP0d$gC#GqSZeg53H1AfCN[L&1NH^Tu7:S/61km\L&_Nb#X#XjHPi+e@N4/gRm(oHM@=*91u!P4F7/X! 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Include a buyout provision if your company does not have public trading capabilities. >> W9DpMEgY*kWc!LM:=ruiRntHYeK7>iNH51"/M6A,hqXPV2fua9@,Nf! /F3 9 0 R J/gkJU(L9-0G"s/:iQN-"u-ZU+V=aZbWus`6;=[=Go1'7(rQc9B`Q! %%Page: 4 4 << ;m;KQb*(oqSiFA&"2+RhDS.nk.N9EmStCl4hS;W3m8=6g,BG8^*hhDm*3MD6%Pl:"URIX9AL3VAO/JG[s:f61q!\d/4n.&oXG91BnYA '1.=hDi4_E!Y<4'MK6$VrWNe]AoItRcgV8!V?j(Y!71@ND[lt_8rCD^9dM^rK)#;[:^-o5"m\tgmu[Xd;!hY$#=*%k&1DD7 endstream stream endobj /Filter [ /ASCII85Decode /LZWDecode ] >> 2740 0 obj <> endobj "(^IV1&4s06>W#VRU[l14q8^b+!?GThbN[(8O@$Jj5e(g-[FXb#Q3KaiOJ4+>Bn?SKCelRJu!%Du? #;G>O_mnR&:QSK#ZL$mFq,(I\[Y1c%(^CFj=Z9?E(>0#E2o0*7#8S;!]RM+>#(32;X0#/JY3`djoHqsZC7N3h1AddDN;9N*(W1OO73U[uWbm1).:A#S,4bdp>pm4BT=7In/[&8s"toK3=3arCn2Q7V!qfdYY("G0NWZ.)9Aj3$p$&@L,-Ht0PM9B5A\d(VJgt%@-Gj*VH1uEG? /Font << << 61 0 obj 6SeTjATXZ7^sM2f#UBVMQkg3j:G?k)"mQGD/:?8H_5`;lao^_nV0_Q-Cr;j/?L stream AKc1STRed8=VCUE,6U/(8gb@`PT17AoNeFq(B]pB:F:tDU'?i;"r)l[K::&,./hj9_VgL:nSA\jC)4N31p;NCD[k[.G!MhQ*uWcdQY=fRX0WY'(5N^]*^r?EFtfC!tlj&Rh%*>7kX!n@M+-!%`,gXfHA@09%Yp('bD'QJq/f^&Jds&IO)>jbSdMX=D;D-4;C4=)krm:Q%9RT[Xc0ap3Zo9W9CYQ(h@-TW!FV"SKJ^->'3VA?DLoFW5;)`/)T(W\h(0I+7=[9$!k;F2 7a:LPB!kR=o-U]Q!ORB`S8>fm,Ur0L.NR?7tQo-E_C_hYVNlq/$9&A\TBQ=T`Z+R?O7N=? 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