shareholders’ agreement

A shareholders’ agreement is an agreement between the shareholders of a company. In the Netherlands the articles of association A document, drawn up when a Dutch company or legal person is set up, and which regulates the operations of the company and defines its purpose.
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Articles of Association
and legal provisions already contain several provisions concerning the relationship between shareholders. A shareholders’ agreement is usually set up in order to add further provisions. Parties can also choose to derogate from the articles of association and legal provisions, provided it does not concern mandatory (Dutch) law.

A shareholders’ agreement commonly includes subjects such as the appointment and dismissal of directors and supervisory directors and voting rights. Also provisions regarding the sale of share The portion of registered capital of a private or public limited company
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shares
(e.g. the adequate procedure and the pricing) are included. 

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Synonyms: stockholders’ agreement

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