SHAREHOLDERS AGREEMENT FOR STARTUPSShareholder Agreement • March 26th, 2023
Contract Type FiledMarch 26th, 2023The Shareholders Agreement for Startups is a type of contract which is executed between two or more co-founders (Entrepreneurs) who are to incorporate a new company and must agree of several key matters; it is also used when an already incorporated company wishing to give equity to investors in order to obtain financing to get the business off the ground or finance growth. Once the intervening parties have been identified, the contract regulates matters such as the paid-in capital, conveyance of shares (tag-along or right-along rights), market value determination, governance and management of the company, dividend policy, term and extinguishment, confidentiality, applicable law and competent jurisdiction etc. This Shareholders Agreement for Startups also includes a "Notes" section explaining some of the most important clauses and their possible bringing into line with the laws of the country where the startup is located.