¶¶Òõ¶ÌÊÓÆµ

Share Subscription And Shareholders Agreement Template for South Africa

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Share Subscription And Shareholders Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Share Subscription And Shareholders Agreement

"I need a Share Subscription and Shareholders Agreement for a tech startup company where a venture capital firm is investing R5 million for a 25% stake, with specific provisions for anti-dilution protection and a board seat for the investor."

Document background
The Share Subscription And Shareholders Agreement is a fundamental document used when a company is issuing new shares to investors while simultaneously establishing or updating the governance framework between all shareholders. This document is particularly relevant in South Africa where companies must navigate specific regulatory requirements including the Companies Act, Financial Markets Act, and potentially B-BBEE legislation. It's commonly used in investment rounds, company expansions, or ownership restructuring, providing comprehensive coverage of both the investment transaction and ongoing shareholder relationships. The agreement typically includes detailed provisions on share valuation, payment terms, warranties, management rights, share transfer restrictions, and dispute resolution mechanisms, all tailored to comply with South African legal requirements and market practices.
Suggested Sections

1. Parties: Identification of all parties to the agreement including the Company, existing shareholders, and new subscribers

2. Background: Context of the transaction, including current company structure and purpose of the share subscription

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Subscription for Shares: Details of the share subscription including number, class, price, and payment terms

5. Conditions Precedent: Any conditions that must be fulfilled before the subscription becomes effective

6. Completion: Process and timing for completing the share subscription

7. Warranties and Representations: Warranties given by the company, existing shareholders, and subscribers

8. Management and Administration: Governance structure, board composition, and decision-making processes

9. Shareholders Meetings: Procedures for calling and conducting shareholder meetings

10. Reserved Matters: Decisions requiring special majority or unanimous consent

11. Share Transfers: Restrictions on transfer and process for transferring shares

12. Pre-emptive Rights: Rights of first refusal on new share issues or transfers

13. Tag-Along and Drag-Along Rights: Rights of shareholders to join in or be forced to join in share sales

14. Deadlock: Procedures for resolving fundamental disagreements between shareholders

15. Confidentiality: Obligations regarding confidential information

16. Termination: Circumstances under which the agreement can be terminated

17. General Provisions: Standard boilerplate clauses including notices, governing law, etc.

Optional Sections

1. Anti-dilution Protection: Protection for investors against future share issues at lower valuations, typically included for venture capital investments

2. Put and Call Options: Rights to force purchase or sale of shares in specific circumstances, included when shareholders want specific exit rights

3. Dividend Policy: Specific arrangements for distribution of profits, included when parties want to agree on this upfront

4. Non-compete and Non-solicitation: Restrictions on competitive activities, included when shareholders are also involved in business operations

5. B-BBEE Provisions: Specific provisions relating to Black Economic Empowerment requirements, included when relevant to the company's operations

6. Information Rights: Special rights for certain shareholders to receive company information, typically included for minority investor protection

7. Employee Share Scheme: Provisions relating to employee share ownership, included when company has or plans to have employee share schemes

Suggested Schedules

1. Share Capital: Details of the company's share capital structure pre and post subscription

2. Shareholders and Shareholdings: List of all shareholders and their shareholdings

3. Company Information: Key company details including registration number, registered office, directors

4. Warranties: Detailed warranties given by the company and/or selling shareholders

5. Reserved Matters List: Comprehensive list of matters requiring special approval

6. Deed of Adherence: Form of deed for new shareholders to join the agreement

7. Business Plan: Initial business plan and budget (if relevant)

8. Completion Requirements: Detailed list of actions and documents required for completion

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
























































Clauses









































Relevant Industries

Technology and Start-ups

Financial Services

Manufacturing

Real Estate

Mining and Resources

Retail

Healthcare

Agriculture

Professional Services

Education

Renewable Energy

Tourism and Hospitality

Transport and Logistics

Media and Entertainment

Relevant Teams

Legal

Finance

Corporate Development

Compliance

Executive Leadership

Investment

Corporate Secretariat

Risk Management

Mergers & Acquisitions

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

Company Secretary

Legal Counsel

Investment Manager

Corporate Finance Manager

Managing Director

Finance Director

Board Director

Compliance Officer

Investment Analyst

Corporate Development Manager

General Counsel

Private Equity Manager

Venture Capital Manager

Mergers & Acquisitions Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Restaurant Shareholder Agreement

A South African law-governed agreement defining shareholder rights, responsibilities, and relationships in a restaurant business.

find out more

Minority Protection Rights Shareholders Agreement

South African legal agreement establishing protective rights and mechanisms for minority shareholders, ensuring their interests are safeguarded within corporate governance structures.

find out more

Single Shareholder Agreement

A South African law-governed agreement establishing the legal framework between a company and its sole shareholder, outlining rights, responsibilities, and operational parameters.

find out more

Pre Emption Rights In Shareholders Agreement

A South African law-compliant agreement establishing shareholders' pre-emptive rights to purchase shares before they can be offered to external parties.

find out more

Shareholder Indemnification Agreement

A South African law-governed agreement establishing terms for shareholder indemnification against specified losses and liabilities.

find out more

Shareholder Dissolution Agreement

A South African law-governed agreement detailing the terms and process for dissolving shareholder relationships within a company.

find out more

Shareholder Representative Agreement

A South African law-governed agreement appointing and regulating the powers of a shareholder representative to act on behalf of shareholders in corporate matters.

find out more

Shareholder Confidentiality Agreement

A South African law-governed agreement establishing confidentiality obligations between a company and its shareholders to protect sensitive company information.

find out more

Private Company Shareholder Agreement

A South African law-governed agreement that defines and regulates the relationship between shareholders in a private company, establishing their rights and obligations.

find out more

Shareholder Separation Agreement

A South African law-governed agreement facilitating the exit of a shareholder from a company, including share transfer terms and post-separation obligations.

find out more

New Shareholder Agreement

A South African law-governed agreement establishing rights, obligations, and relationships between company shareholders, including governance and share transfer provisions.

find out more

Shareholder Release Agreement

A South African law-governed agreement documenting the release of rights and obligations between a departing shareholder and a company.

find out more

Silent Shareholder Agreement

A South African law-governed agreement establishing terms for a silent shareholder's investment, including profit sharing rights and management limitations.

find out more

Shareholder Redemption Agreement

A South African law-governed agreement establishing terms for company share redemption from existing shareholders, aligned with local corporate regulations.

find out more

Shareholder Contract

A South African law-governed agreement that defines and regulates the relationship between company shareholders, their rights, and obligations.

find out more

Unanimous Shareholder Agreement

A South African law-governed agreement establishing comprehensive rights and obligations between all shareholders and their company, requiring unanimous shareholder approval.

find out more

Shareholder Settlement Agreement

A South African law-governed agreement that documents the settlement of disputes or arrangements between company shareholders, structured under the Companies Act 71 of 2008.

find out more

Family Business Shareholders Agreement

A South African law-governed agreement that regulates shareholding and governance arrangements between family members in a family-owned business.

find out more

Small Business Shareholder Agreement

A South African law-governed agreement that establishes rights, obligations, and relationships between shareholders in a small business context.

find out more

Shareholders Agreement Transfer Of Shares

A South African law-governed agreement detailing the terms and procedures for transferring company shares between shareholders, ensuring regulatory compliance and protecting all parties' interests.

find out more

Shareholder Buy Sell Agreement

A South African law-governed agreement that regulates the buying and selling of company shares between shareholders under predetermined conditions and circumstances.

find out more

Proxy Shareholder Agreement

A South African law-governed agreement authorizing a proxy holder to exercise shareholder voting rights and other specified powers on behalf of a principal shareholder.

find out more

Shareholders Agreement For Private Limited Company

A South African law-governed agreement establishing rights and obligations between shareholders in a private limited company, aligned with the Companies Act 71 of 2008.

find out more

Shareholder Support Agreement

A South African law-governed agreement defining terms and conditions for shareholder support commitments to a company, including financial and operational assistance provisions.

find out more

Founder Shareholder Agreement

A South African law-governed agreement establishing rights and obligations between company founders and their business entity.

find out more

Share Subscription And Shareholders Agreement

A South African law-governed agreement combining share subscription terms with ongoing shareholder arrangements, establishing rights, obligations, and governance framework between company stakeholders.

find out more

Partnership Shareholder Agreement

A South African law-governed agreement establishing rights and obligations between partnership shareholders, including ownership, management, and operational frameworks.

find out more

Startup Shareholder Agreement

A South African law-governed agreement establishing rights and obligations between startup shareholders, including governance structure and share ownership rules.

find out more

Shareholder Buyout Agreement

South African law-governed agreement for the purchase of shares from existing shareholder(s), compliant with local corporate and tax legislation.

find out more

Shareholder Subscription Agreement

A South African law-governed agreement detailing terms and conditions for new share subscriptions in a company, including share details, price, and parties' rights and obligations.

find out more

Shareholder Transfer Agreement

A South African law-governed agreement documenting the transfer of company shares between shareholders, including terms, conditions, and regulatory compliance requirements.

find out more

Shareholder Purchase Agreement

A South African law-governed agreement documenting the terms and conditions for the purchase and sale of shares in a company, including price, warranties, and completion requirements.

find out more

Sales Of Shares Agreement

A South African law-governed agreement documenting the sale and purchase of company shares, including transaction terms, warranties, and regulatory compliance requirements.

find out more

Nominee Shareholder Agreement

South African law-governed agreement establishing terms for nominee shareholding arrangements, defining rights and obligations of nominee shareholders and beneficial owners.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.