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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