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shareholders' agreement
(redirected from Stockholders 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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UCB now owns approximately 12% of the outstanding shares of Cytec, and has entered into a stockholders agreement which provides for UCB to reduce its stake within five years, and contains other customary terms and conditions.
3% of the outstanding shares of SAGA, have entered into a stockholders agreement with Software AG in which Thayer Capital and Dan Gillis agree to vote in favor of the merger.
The Company also entered into a new stockholders agreement and new registration rights agreement with the holders of its Common Stock.
 
 
 
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