Shareholders Agreement
A Shareholder Agreement defines and protects the rights and interests of shareholders. A partnership agreement, on the other hand, is a contract that establishes obligations and restrictions between two or more business partners.
What is a Shareholders Agreement?
A contract that governs a company’s relationship between its shareholders is necessary because it helps to create certainty and avoid conflict. It also outlines how a business will be run and details each shareholders responsibilities, rights and obligations.