1.2. Shareholders enter into this shareholder agreement to provide for the management and control of the group`s affairs, including management, profit sharing, share sale and distribution of assets in the event of liquidation. A share purchase agreement is an agreement between a company and investors to sell shares at a fixed price to investors. This is done simply by offering new shares to investors who will become shareholders of the company at the close of the transaction. If a company wants to raise capital, it can do so by issuing shares that can be acquired through private placement or public offering. To shareholders in relation to the number of shares of the company held by each. 8.2. Transmission restrictions. For the purposes of this agreement, any transfer, transfer, assignment or penalty of any of the shares of the company with which it is not in accordance with the provisions of this shareholders` agreement is invalid. PandaTip: The distribution or resale of shares outside may be accompanied by a large number of legal provisions that this agreement does not seek to address, which is why this clause is important. CET ACCORD, dated [ACCORD DATE] is concluded between the following persons, who constitute all current shareholders of [CORPORATION] (“Corporation”): 2.2.

The shares listed above represent the total share capital issued and outstanding of the corporation. The company confirms that it has obtained the full consideration of the shares mentioned above by each shareholder, and each shareholder confirms that certificates representing its shares have been obtained. All of the above-mentioned shares and any additional shares of the company`s capital stock that may be acquired by shareholders in the future are subject to this agreement. 2.1. The shareholders listed above own the number of common shares and the approximate percentage of ownership of the company, as shown below: PandaTip: Change based on the number of shareholders; Sometimes there are only two. 5.3. Periodic distributions of net income. Subject to possible un distributed profits and legal requirements for business distributions, the company`s net income may be distributed to shareholders quarterly in relation to the number of shares of the company owned by them. These distributions are approved by all shareholders. Shareholders may choose not to distribute, but to offer the funds in the form of loans to the group.

What is a shareholder contract? A shareholders` pact is a document involving several shareholders of a company, which details the results and concrete measures that are taken in the event of the departure of a shareholder of the company, whether voluntarily, involuntarily or when the company ceases operations. Download the PandaTip Model Subscription Agreement: This section ensures that shareholders have the same expectations about when they can receive money from the company and ensure that distributions do not compromise the company`s financial needs.