Shareholder Agreements
Shareholder Agreements
At Klun, our experienced Business Attorneys can assist you and your business create a shareholder agreement. A shareholder agreement is simply an understanding between shareholders, stockholders in a company, and a company about shareholder duties and rights in relation to the business. We can make sure your agreement is legal and help resolve internal conflicts with the shareholder before it turns into litigation.
Shareholder agreements protect those going into business by clarifying the agreement of the parties. Shareholder agreements deal with scenarios that may come up in the future and help resolve disputes. For example, a shareholder agreement should include how the company is structured, who is allowed to be a shareholder in the company, who is allowed to serve on the board of directors, what will happen is a shareholder becomes disabled, dies, declares bankruptcy, retires, resigns or is fired, determine how much shares of stock are worth, determined whether the corporation will purchased shares of a shareholder who leaves the company and how much will be paid for those shares.
If you are interested in putting in place a shareholder agreement for your business or you are a shareholder who has a questions regarding interpretation of your shareholder agreement, give our experienced Business Law Attorneys at Klun a call today.



