When you are starting a Corporation, one of the required documents to start your company is a Shareholder Agreement. Start out with this simple template to get the main clauses you need quickly, with this Shareholder Agreement PDF Template by Kdan Mobile. You should always consult a lawyer though before finalizing any contracts.
With this Shareholders Agreement Template by Kdan Mobile, you will have a professional, beautiful looking template to start off your new company right. You need a shareholder agreement to set up common terms and conditions with your new co-owners of your company. If you are starting a corporation, the company’s value is typically broken up into small parts, called shares. These shares are owned by shareholders, which become essentially the founders of your company, and as such, have special privileges, rights, duties and responsibilities.
You may want to define special duties that each shareholder has, and what constitutes a shareholder. For example, in this Shareholder Agreement Template, a mock company is formed, as an ownership from its previous self and additional companies and persons. An “Executive” board of directors is formed, and a CEO, CFO, and COO are named. Your company may follow this exactly, or it may not: you will need to decide exactly what roles are needed, and make sure that you first comply with any local regulations that may mandate that specific clauses are added. For example, this Agreement is modeled after the California State Statutes. You can Register a Corporation federally, as well as in a particular state, so always keep your locality in mind.
** If you have received or desire to issue any legal document, you must consult a lawyer. Kdan Mobile provides this template for educational purposes only, and you are always responsible for the creation of any legal agreements you sign.