Employment Law Manchester

Shareholder Agreements

If you intend to set up or are currently running a limited company, you should consider entering into a shareholders’ agreement. The agreement sets out what shareholders have agreed should be the practices of the business. Commons terms of a shareholders’ agreement include:

  • How dividends are paid
  • Restrictions on the transfer of existing shares
  • Options for the shareholders to acquire each other’s shares in certain circumstances
  • Provisions for what is to happen on the retirement, death or incapacity of a shareholder
  • How shareholders will vote on resolutions
  • Prevention of shareholders from competing with the business of the company

Having a shareholders’ agreement in place can give you peace of mind and protection for your investment. At Robert Meaton and Co we have plenty of experience in advising on shareholders agreements. We take a realistic and commercial approach and are able to tailor our advice to the requirements of your particular business and circumstances.