Shareholders' agreement
Definition
A binding contract between the shareholders of a corporation, defining the shareholders' rights, privileges, protections and obligations. The shareholder's agreement usually includes the corporation's articles of incorporation and bylaws.
See also
Definition from Nolo’s Plain-English Law Dictionary
An agreement among the shareholders of a corporation that can cover buy-sell rights, restrictions on transferring shares, voting rights, and/or the employment of a shareholder. (See also: buy-sell agreement)
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:24 pm