Over 2,600 Happy South African Businesses
Shareholders’ Agreement – 2 Shareholders, Long Form MOI
Our Clients & Partners
Trusted By 2,600+ Businesses
Legal Templates For All Industries
Backed By Legal Research
Shareholders’ Agreement – 2 Shareholders, Long Form MOI
Over 2,600 Happy South African Businesses
R 891,00
Legal document outlining terms between 2 shareholders, including ownership, management, and decision-making.
This Shareholders’ Agreement is intended to be used in conjunction with the Long Standard Form of the Memorandum of Incorporation for Profit Companies.
- Protects the rights of shareholders.
- Allows for flexible ownership structures.
- Helps prevent shareholder deadlock.
SHAREHOLDERS’ AGREEMENT – 2 SHAREHOLDERS
Long Standard Form MOI for Profit Companies
Summary A Shareholders’ Agreement may be considered for the mutual protection of the equity holders in a private company incorporated for profit, and strives to ensure that both the shareholders understand their respective rights and obligations in relation to each other.
This Shareholders’ Agreement is intended to be used in conjunction with the Long Standard Form of the Memorandum of Incorporation for Profit Companies.
See also: Shareholders’ Agreement – short form MOI
Why do I need a Shareholders’ Agreement? If your business is a private company with two equity holders, this Agreement may be considered between the parties. A Shareholders’ Agreement, amongst other things, strives to set out the procedure to be followed in respect of the appointment of Directors, Board and Shareholder meetings, the sale of shares, the commission of a breach, policies regarding loan accounts, and other company-related issues.
What does the Shareholders’ Agreement say? The Agreement consists of: Definitions and Interpretation; Introduction; Articles of Association; Working Capital; Loan Accounts and Indebtedness; Guarantees; Directors; Shareholders; Matters requiring Unanimous Consent; Value of Shares; Sale of Shares; Come Along; Tag Along; Transfer of Shares to Family; Forced Sales; Notices; Confidentiality; General.
What does the agreement look like? The document can be printed onto fourteen pages.
What do you need to do to use the agreement?
- Read the template document to ensure that it suits your requirements. Complete the requisite sections, making changes as required.
- Ensure that the Company’s Memorandum of Incorporation (Long Standard Form for Profit Companies) is updated and properly filed.
- Ensure both the equity holders sign the agreement with each party getting a copy of the final, signed document.
Also viewed: Sale of Shares Agreement
When preparing a Shareholders’ Agreement, a working knowledge of the Companies Act is recommended and accordingly a specialist’s advice should be sought.
The Online Agreements Shop cc and its members, staff, legal advisers, partners and consultants, agents and any person associated therewith cannot be held liable for any loss or damage that is incurred or may be incurred by any person as a direct or indirect result of the use of this website or any document or information contained on or obtained from this website, nor as a result of anything that is contained in or left out of any document.
We Are Here To Simplify The Legal Side Of Your Business!
Skip The Guesswork, Avoid Time-Consuming Legal Hassle And Expensive Fees
When you need a legally binding agreement, there’s no need to spend hours drafting one from scratch. Our online agreement templates take the guesswork out of creating contracts, so you can protect your business while saving time and money on expensive legal consultancy.
Easily Customize Each Template To Suit Your Needs And Have It Completed In No Time
We understand that one size does not fit all when it comes to legal contracts. That’s why our agreement templates are available in Microsoft Word format, so they can be easily customized to suit your specific needs — add, remove, or replace any element with a few clicks.
Rest Assured Knowing That Your Agreement Was Drafted By Experienced South African Lawyers
Say goodbye to standard online agreements that have been drafted in foreign jurisdictions. Our templates are written by experienced South African Lawyers to rigorously comply with South African Law, so you can be confident that your document will meet all relevant legal requirements.
Browse Through Thousands Of Templates Written In An Easy-To-Understand Language
Whether you’re putting together a contract for a new business venture or setting up payment arrangements with a client, we’ve got something for every need. You won’t find any legal jargon here, just simple, straightforward templates to be easy to understand for anyone.
Our Customers Say It Best
‘Excellently written contracts that save my clients money!’
Adrian Hodgkinson Professional Accountant (SA)
‘OUR NR.1 Choice for Employment Contracts!’
JP Botha Managing Director, Conversion Advantage
‘Best site for professional supplier agreements’
Jason Bonthuys, Owner, Bulcan Engineering
‘Excellently written contracts that save my clients money!’
Adrian Hodgkinson Professional Accountant (SA)
‘OUR NR.1 Choice for Employment Contracts!’
JP Botha Managing Director, Conversion Advantage
‘Best site for professional supplier agreements’
Jason Bonthuys, Owner, Bulcan Engineering
Looking For Something Specific? Try Typing The Word Or Phrase You Want To Search For In This Field
We have 250+ agreement templates, and we are constantly expanding our collection. If you don’t see what you need, please contact us. We’d be happy to help you out!
Check Out Some Similar Agreements That Might Interest You
Business Agreements
Sale of Member’s Interest Agreement – in part, to a non-member
Business Agreements
Sale of Members Interest Agreement – in total, to a non-member
Business Agreements
Commission Based Employment Contract South Africa – Probation Period Clause
Business Agreements
Sale of Shares Agreement Template South Africa – in total to an existing shareholder
Business Agreements
Business Agreements