RUGBY Offices

Private Client Department, Address: 16 Church Street, RUGBY, CV21 3PW, Telephone: + 44 (0) 1788 579 579, Fax: +44 (0) 1788 570 949

Conveyancing Department, Address: 26 Regent Street, RUGBY, CV21 2PS, Telephone: + 44 (0) 1788 551 611, Fax: + 44 (0) 1788 551 597

Commercial/ Wills, Trusts & Probate Departments, Address: The Robbins Building, 25 Albert Street, RUGBY, CV21 2SD, Telephone: + 44 (0) 1788 579 579, Fax: + 44 (0) 1788 552 888

LONDON Offices

2nd Floor Berkeley Square House, Berkeley Square, London, W1J 6BD, Telephone enquiries: +44 (0) 2078876590, Fax number: +44 (0) 207 8876001

BANBURY Offices

Strathmore House, Waterperry Court, Middleton Road, BANBURY, OX16 4QD, General Telephone enquires: + 44 (0) 1295 270999

Shareholder Agreements

A Shareholder Agreement is the contract between the shareholders of a limited company and, although not an exhaustive list, includes the following areas (to protect the business and resolve disputes if shareholders fall out):

  • the management of the business
  • restrictions on the transfer of shares
  • the sale of shares should a buyer be found
  • dividend policy
  • restrictive covenant.

Such an agreement is often complimented by a ‘cross-option’ contract. A ‘cross-option’ contract is  designed to ensure that funds are made available via an insurance scheme to acquire the shareholding of a deceased shareholder. Very few companies are cash-rich enough to fund such a purchase out of their own reserves, and the surviving shareholder(s) probably won’t want shares to be inherited, therefore new business partners to suddenly appear.

For further information on Shareholder Agreements, please contact us at the details below:

 

Commercial ContractsPartner Brian Auld   

Brian Auld
Partner
Tel: 07977127154
Email: brianauld@brethertons.co.uk
      

Leanne Lawrence
Solicitor
Tel: (01788) 559 513
Email: leannelarence@brethertons.co.uk

Kate Ollis

Kate Ollis

Solicitor

Tel: (01788) 559516
Email: kateollis@brethertons.co.uk

 


 



“I have always found the firm co-operative and responsive to any matter which is always considered, appropriate and rigorous while appreciating our company’s concerns and strategic concept.”

Nick Hopkins Director, Sensor Technology Limited