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Company Shareholder Agreement
1. Parties: Identification of all shareholders and the company as parties to the agreement
2. Background: Context of the agreement, including company information and purpose of the arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Share Capital and Shareholders: Details of share capital structure and current shareholdings
5. Corporate Governance: Rules for board composition, appointment rights, and management structure
6. Shareholders' Meetings: Procedures for conducting shareholders' meetings, voting rights, and quorum requirements
7. Transfer Restrictions: Limitations on share transfers and pre-emptive rights
8. Right of First Refusal: Process for existing shareholders to purchase shares before external sale
9. Valuation: Methods for determining share value in various transfer scenarios
10. Confidentiality: Obligations regarding company and shareholder information
11. Dividend Policy: Framework for profit distribution and dividend payments
12. Term and Termination: Duration of agreement and circumstances for termination
13. Dispute Resolution: Procedures for handling disputes between shareholders
14. Governing Law: Specification of Danish law as governing law and jurisdiction
1. Tag-Along Rights: Used when minority shareholders need protection to join in sale of majority stakes
2. Drag-Along Rights: Included when majority shareholders may need to force minorities to join in a sale
3. Anti-Dilution Protection: Added for protecting existing shareholders in future capital raises
4. Intellectual Property Rights: Required when company has significant IP assets or shareholders contribute IP
5. Non-Compete Provisions: Included when shareholders are active in similar industries
6. Dead-Lock Resolution: Important for 50/50 ownership structures or where major decisions require unanimity
7. Put and Call Options: Used when shareholders want pre-agreed exit mechanisms
8. Management Incentive Schemes: Relevant when company has or plans employee share schemes
9. Strategic Decisions: Listed when certain decisions require special majorities or unanimous consent
1. Schedule 1: Share Capital Table: Detailed breakdown of shareholdings and share classes
2. Schedule 2: Company Information: Key company details including registration number, address, and directors
3. Schedule 3: Reserved Matters: List of decisions requiring special approval
4. Schedule 4: Deed of Adherence: Template for new shareholders joining the agreement
5. Schedule 5: Valuation Methodology: Detailed procedures for share valuation
6. Schedule 6: Business Plan: Current business plan and strategic objectives
7. Schedule 7: Competing Businesses: List of businesses considered competitors (for non-compete provisions)
8. Schedule 8: Initial Board Composition: Details of initial board members and their roles
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