Shareholder Agreements

One of the most important decisions you'll need to make is how to structure your business and what kind of agreements you'll need in place between the owners. At Strive Law we bring  decades of shareholder agreements skills and knowledge.

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Shareholder Agreements

Why are shareholder agreements important?

If you are a shareholder in a company or considering investing, it is crucial to recognize the significance of a shareholder agreement. This legally binding document defines each shareholder's rights, obligations, and responsibilities within the company, providing a clear understanding of the roles and expectations of all parties involved.

Besides clarifying the roles and responsibilities of each shareholder, a shareholder agreement can also proactively prevent misunderstandings and conflicts. It creates a common understanding for decision-making within the company and helps ensure everyone is on the same page.

Moreover, a shareholder agreement is a tool for safeguarding your interests. It can specify the terms and conditions for selling shares, outlines what happens in case of a shareholder's death or incapacity, and details how any disagreements between shareholders may be resolved. These elements work together to protect your investment, giving you the peace of mind that your rights and interests are fully protected.

A shareholder agreement is essential for managing the growth and development of your company. It can specify the issuance of new shares, the process for raising additional capital, and how profits will be distributed.

Why should you hire Strive Law to craft your shareholder agreement?

As a business owner, you know how crucial it is to protect your company's future and avoid potential shareholder disputes. That's where a solid shareholder agreement comes in. If you're looking to safeguard your business and prevent costly disagreements down the line, a solid shareholder agreement will help meet your specific needs. At Strive Law  we can help you create a shareholder agreement that will provide a clear framework for decision-making, outline each shareholder's rights and responsibilities, and safeguard your company's success.

  1. We've got the experience; we’ve worked with businesses of all sizes, from small startups to mid-large corporations. No matter your needs, we have the knowledge and expertise to help you craft a shareholder agreement that suits your specific situation.
  2. We know the ins and outs of shareholder agreements. This document can be tricky and confusing, but we are well-versed in all the nuances and complexities. You can trust us to create a shareholder agreement that's comprehensive and detailed.
  3. We're invested in your success. At Strive Law, we're passionate about helping our business owners thrive. We understand that a shareholder agreement is just one piece of the puzzle for building a successful business, and we're here to support you every step of the way.

Overall, having a well-crafted shareholder agreement is crucial for any business owner. It protects your company, assets, and shareholders, saving you time, money, and headaches. So if you're ready to get started, let Strive Law help you draft the perfect shareholder agreement for your needs.

What can I expect from our first meeting?

We set aside quality time for our clients. We value getting to know your business and love helping owners get legal information, advice, insights, and resources to run their businesses. We can set up a time that works for you. The first meeting can be via phone at 604-913-7155,  video conference (ie Zoom etc), or at our offices at 308-2626 Croydon Dr, Surrey, BC.

What do I need to bring with me for my first appointment?

We value our clients' time and want to help them get the info needed from their first appointment. If we need anything specific, we will pass that along in advance.

Frequently Asked Questions

Shareholder Agreements
How long does it take to create a tailored shareholder agreement?
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Creating a tailored shareholder agreement requires a thorough understanding of the company, its shareholders, and their goals. 

While the timeline for creating a tailored shareholder agreement can vary depending on the complexity of the company and its needs, we work efficiently and collaboratively with our clients to ensure that the process is streamlined and completed promptly. We understand that time is of the essence and that you may have concerns about delays. Still, we prioritize clear communication and efficient processes to ensure your tailored shareholder agreement is delivered as soon as possible without sacrificing quality.

It is worth noting that a tailored shareholder agreement can take longer to create than a generic template, but the benefits are well worth the investment of time and resources. A tailored agreement is specifically tailored to your company's unique needs, goals, and challenges, providing you with greater protection, clarity, and control. In the long run, a tailored agreement can save you time, money, and potential legal headaches by addressing potential issues before they arise.

What is in a tailored shareholders’ agreement?
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A tailored shareholder agreement is a customized legal document that outlines the rights and responsibilities of shareholders in a company. Unlike a generic template, a tailored agreement is specifically designed to meet the unique needs and goals of your business and its shareholders. Some of the benefits of a tailored shareholder agreement include:

  1. Clear expectations: A tailored agreement provides clarity and certainty about how the company will be managed and how decisions will be made, helping to prevent disputes and misunderstandings down the road.
  2. Protection for shareholders: A tailored agreement can help protect the interests of individual shareholders by specifying the terms and conditions for selling shares, outlining what will happen in the event of a shareholder's death or incapacity, and detailing how disputes between shareholders will be resolved.
  3. Flexibility: A tailored agreement can be designed to accommodate the specific needs and goals of your business and its shareholders, rather than trying to fit your situation into a generic template that may not be a perfect fit.
  4. Comprehensive coverage: A tailored agreement can address a wide range of issues related to the ownership and management of the company, including voting rights, profit distribution, and more.

While a generic template may seem like an easier or cheaper option, it's important to remember that every business is unique, and a one-size-fits-all approach may not provide the protection and flexibility you need. A tailored shareholder agreement can help ensure that your business is set up for success and that your interests are protected.

What are the key questions a shareholder agreement should answer?
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A shareholder agreement should answer key questions related to the management and ownership of the company. Some of the key questions that a shareholder agreement should consider addressing include:

  1. How will the company be managed?
  2. Who has the authority to make decisions on behalf of the company?
  3. How will the shareholders vote on major decisions affecting the company?
  4. What happens if a shareholder wants to sell their shares?
  5. How will the company distribute profits and dividends among the shareholders?
  6. What happens if a shareholder dies or becomes incapacitated?
  7. How will disputes among the shareholders be resolved?

Answering these kinds of questions is crucial for protecting your investment and ensuring that the company is run efficiently. However, the specific provisions of your shareholder agreement will depend on the unique needs and goals of your company and its shareholders. Working with a business lawyer like Strive Law, can help ensure that your shareholder agreement is comprehensive and tailored to your specific situation.

What Our Clients Have To Say

At Strive Law, we are humbled by our client's success stories. We value every client we serve and appreciate their trust in us. Here are some of the things our clients have said about their experience working with us.

I use Strive Law for all of my corporate legal needs and have been for years. Brent Ellwyn and his team are fantastic, and I highly recommend them.

Simon Kent
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Brent and his team are wonderful! They are always friendly, timely, and provide a great service.

Highly recommended!

Martin Doan
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We first approached Strive Law to guide us through the incorporation process for our business, and we were amazed by how efficient and thorough they were. I highly recommend them, and we will be a client for years to come.

Renaud Gagne
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I have been a client for decades, and I can't speak highly enough about the quality service from Strive Law. It is such a great asset to have them on our team. One of the best business law firms.

Brent Hohlweg
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I get all of my law services done at Strive Law. They have always been so professional. Brent is the gold standard for lawyers and I would not trust anyone else with my legal representation.

Tri Doan
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