{"product_id":"shareholders-agreement-2-shareholders-long-form-moi","title":"Shareholders Agreement Contract Template - 2 Shareholders, Long Standard Form - South Africa","description":"\u003ch2 style=\"text-align: center;\"\u003e\u003cstrong\u003eShareholders Agreement Contract Template - 2 Shareholders, Long Standard Form - South Africa\u003c\/strong\u003e\u003c\/h2\u003e\n\n\u003cp style=\"text-align: center;\"\u003e\u003cstrong\u003e \u003c\/strong\u003e\u003cstrong\u003eLong Standard Form MOI for Profit Companies\u003c\/strong\u003e\u003c\/p\u003e\n\n\u003cstrong\u003eSummary \u003c\/strong\u003eA 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.\n\nThis Shareholders' Agreement is intended to be used in conjunction with the Long Standard Form of the Memorandum of Incorporation for Profit Companies.\n\nSee also: \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/shareholders-agreement-2-shareholders-short-form-moi\/\"\u003eShareholders' Agreement - short form MOI\u003c\/a\u003e\n\n\u003cstrong\u003eWhy do I need a Shareholders' Agreement? \u003c\/strong\u003eIf 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.\n\n\u003cstrong\u003eWhat does the Shareholders' Agreement say? \u003c\/strong\u003eThe 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.\n\n\u003cstrong\u003eWhat does the agreement look like? \u003c\/strong\u003eThe document can be printed onto fourteen pages.\n\n\u003cstrong\u003eWhat do you need to do to use the agreement? \u003c\/strong\u003e\n\n\u003cul\u003e\n\n \t\u003cli\u003eRead the template document to ensure that it suits your requirements. Complete the requisite sections, making changes as required.\u003c\/li\u003e\n\n \t\u003cli\u003eEnsure that the Company’s Memorandum of Incorporation (Long Standard Form for Profit Companies) is updated and properly filed.\u003c\/li\u003e\n\n \t\u003cli\u003eEnsure both the equity holders sign the agreement with each party getting a copy of the final, signed document.\u003c\/li\u003e\n\n\u003c\/ul\u003e\n\nAlso viewed: \u003ca href=\"http:\/\/agreementsonline.co.za\/agreements\/sale-shares-agreement-total-non-shareholder\/\"\u003eSale of Shares Agreement\u003c\/a\u003e\n\nWhen preparing a Shareholders' Agreement, a working knowledge of the Companies Act is recommended and accordingly a specialist’s advice should be sought.\n\n\u003cstrong\u003eThe 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.\u003c\/strong\u003e","brand":"Agreements Online","offers":[{"title":"Default Title","offer_id":59164039970956,"sku":"AO-3398","price":1080.87,"currency_code":"ZAR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0793\/0750\/5804\/files\/Shareholders-Agreement-3-or-more-Shareholders-Long-Form-MOI-2.jpg?v=1789524767","url":"https:\/\/agreementsonline.co.za\/products\/shareholders-agreement-2-shareholders-long-form-moi","provider":"Agreements Online","version":"1.0","type":"link"}