Forming a private company by adopting the model articles of association is easy - but is it enough? The process of running a limited company and its business will involve a lot of issues which the people involved can all too easily fall out over.

Advising on a shareholders' agreement involves identifying the likely areas of conflict, getting the parties to think through their ideal solution and documenting that solution, partly just so that there is a written record and partly to provide a series of fall-backs if the parties fall out.

This interactive session will cover:

1. How to document 'the entire agreement and understanding' between the parties
2. Relationship between articles of association and a shareholders agreement
3. Pre-emption rights for shares: avoiding the pitfalls of the standard precedent
4. Deemed transfers and defining good and bad leavers
5. Controlling the leavers - drafting enforceable non-compete provisions
6. Matters requiring consent - the shopping list and what is and isn't important
7. Who owns what, and who controls what?
8. Model articles - are they fit for purpose?
9. Who is doing what? The role of service agreements 'How do we get our money out?' - wages, dividends and benefits.

Date: 22 November 2023
Time: 12pm - 1pm
CPD hours: 1
Price: Free