Document background
The Shareholders Agreement And Share Purchase Agreement is a vital document used in Danish corporate transactions where there is both a transfer of shares and a need to establish ongoing governance arrangements between shareholders. It is particularly relevant in situations involving partial exits, new investor entries, or corporate restructuring under Danish law. The document serves dual purposes: first, as a Share Purchase Agreement it governs the immediate transaction of share transfer, including price, warranties, and completion mechanics; second, as a Shareholders Agreement it establishes the framework for future cooperation between shareholders, including voting rights, board representation, dividend policies, and share transfer restrictions. This type of agreement must comply with Danish corporate law requirements, particularly the Danish Companies Act (Selskabsloven) and related regulations, while also addressing practical business needs such as minority shareholder protection and strategic decision-making processes.
