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shareholders' agreement
(redirected from Shareholders agreement)

    Also found in: Acronyms, 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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The companies had signed a Joint Venture framework agreement in February earlier this year confirming their intentions to form the Joint Venture Company which has now been concluded after signing of the Shareholders Agreement.
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SDK) decided at its board meeting today to terminate the shareholders agreement with Cabot Corporation of USA (CABOT) concerning their 50/50 joint venture Showa Cabot K.
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He says: "Frequently people go into business with a partner without having a written partnership agreement or shareholders agreement in place and, most importantly, with no exit plan if one partner/shareholder should wish to leave.
Take advice on leases and partnerships when setting up a business by The Journal (Newcastle, England)
 
 
 
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