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shareholders' agreement

   Also found in: Wikipedia 0.01 sec.

shareholders' agreement n. an employment agreement among the shareholders of a small corporation permitting a shareholder to take a management position with the corporation without any claim of conflict of interest or self-dealing against the shareholder/manager. Such agreements are common when there are only three or four shareholders.



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Yesterday, BoC signed a five-year shareholders' agreement with Uniastrum's two founding partners -- Georgi Piskov and Gagik Zakarian -- who will remain shareholders in the Russian unit and maintain senior managerial roles.
The draft investment agreement and a companion shareholders' agreement were approved in principle by the Cabinet and the National Security Council and were introduced into Mongolia's national Parliament in March.
A 2001 shareholders' agreement which governs Areva NP gives Siemens an option to sell its shares to Areva.
 
 
 
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