Shareholders Agreement (Vesting)

WHAT’S IT FOR?

A Shareholders Agreement is an important contract between business owners, that governs how decisions are made, what happens when a shareholder wants to leave the company, how disputes are handled and other important matters, such as vesting. Vesting means the company provides potential shareholders with shares that ‘vest’ on an incremental basis over a period of time or upon achieving certain milestones. Including vesting provisions in your Shareholders Agreement can open opportunities for different business partnerships or investments, but it can also be complicated and it’s important to get right – especially as your business grows and the stakes become higher.

WHAT’S INCLUDED?

We’ll draft a Shareholders Agreement customised for your business, including vesting provisions.

This package includes:

• Drafting a Shareholders Agreement in accordance with the requirements of your business
• Phone consultations (up to 60 minutes) with a sprintlaw lawyer who will take your instructions, advise you on the legal issues you need to know and answer your questions about the agreement
• 1 x complimentary amendment to the final draft we provide you, as long as you request the amendment within 10 business days of us delivering the final draft

This package is for a Shareholders Agreement with ordinary shares. If you would like to issue different classes of shares, additional fees may apply.

If you need further amendments in addition to the 1 complimentary round of amendments above, we will need to set up an additional project. Additional fees may also apply if you request several rounds of changes as a result of negotiations between shareholders.