Shareholders' Agreements - A guide to the key issues | 22 November
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:
- How to document 'the entire agreement and understanding' between the parties
- Relationship between articles of association and a shareholders agreement
- Pre-emption rights for shares: avoiding the pitfalls of the standard precedent
- Deemed transfers and defining good and bad leavers
- Controlling the leavers - drafting enforceable non-compete provisions
- Matters requiring consent - the shopping list and what is and isn't important
- Who owns what, and who controls what?
- Model articles - are they fit for purpose?
- Who is doing what? The role of service agreements 'How do we get our money out?' - wages, dividends and benefits.
About the speaker
Adeel is a specialist company and commercial lawyer with experience of working with a wide range organisations ranging from start-ups, SMEs to multi-national corporations.
He has advised on a diverse legal issues providing cost-effective tailored support.