Document background
The Unanimous Shareholder Agreement is a crucial document for New Zealand companies with multiple shareholders who wish to establish clear rules governing their relationship with each other and the company. This agreement becomes particularly relevant when setting up a new company, admitting new shareholders, or formalizing existing shareholder arrangements. The document addresses key aspects such as share transfers, voting rights, management decisions, dispute resolution, and exit mechanisms, all while ensuring compliance with New Zealand corporate law. It provides protection for minority shareholders while allowing for efficient company operation and decision-making. The agreement is essential for companies seeking to prevent potential conflicts and ensure smooth governance by establishing clear protocols and procedures that all shareholders agree to follow.
