A Shareholders Agreement allows you to clarify the relationship between shareholders of your company or the unitholders of your trust in a basic manner.
Our online legal documents provide you with commercially sound and compliant legal documents suitable for small businesses operating here in Australia.Using the latest legal technology from our partners at Smart Drafter, complete our fast and easy online forms in as little as 5 minutes. Our online forms map the decision making of specialist human lawyers into an Expert Interview™, only asking relevant questions while giving expert advice and guidance.
A Shareholders/Unitholder Agreement will help you govern the relationship between shareholders of your company or unitholders of a unit trust.
Although you and your partners are on good terms now, sometimes running a company will put a strain on that relationship. A Shareholders Agreement helps protect your interests in these situations. If disagreements arise, it can be very helpful to have a clear idea of what the parties agreed to before the dispute, or before something changes one shareholder's ability to continue working in the company.
Use this Shareholder/Unitholder Agreement if:
- You would like to lay down the rules between the shareholders of your company.
- You would like to lay down the rules between the unitholders of your unit trust.
What does the Shareholders/Unitholders Agreement cover?
- A shareholders’ deed (for a company) or unitholders’ deed (for a unit trust)
- Governs all securities, not just shares/units
- Voting power of key security holders
- Non-compete and non-solicitation
- Board of directors, frequency of board meetings, and approach to voting
- Access to information clause
- Further funding obligations
- Approval of important actions such as special resolutions
- Dispute resolution
- Transfer of securities
- Other provisions such as confidentiality and costs
Other names for Shareholders/Unitholders Agreement include:
- Founder's Agreement; and
- Shareholders Contract.
From the Knowledge Base
Established in 1976, ABN Australia has helped more than 150,000 businesses choose and establish their preferred business structure here in Australia. Our longevity is a testament to the high level of customer service we provide, and the wealth of experience we bring to the table.