Good agreements make good friends.
Have you just established a new company? Embarked on a great adventure together with a partner? This is undoubtedly accompanied by considerable enthusiasm, which means that drafting a clear shareholders’ agreement can sometimes be forgotten…
Nevertheless, the importance of such a shareholders’ agreement should not be underestimated. At the start of any venture, mutual problems between partners often seem impossible.
A shareholders’ agreement can also offer relief when one of the partners exits in the future. For instance, the shareholders’ agreement sets out, among other things, the method by which the value of the shares can be determined, whether a pre-emptive right must be respected, and so on. And what do you do, for example, in the situation where one of the partners suddenly becomes seriously ill, or worse, passes away?
For these reasons, it is advisable to lay down certain principles in an agreement at a time when the partners are on good terms. This is to avoid problems in the future.
Moreover, a shareholders’ agreement is drafted entirely on a tailor-made basis. Would you like to incorporate specific rights and obligations into the shareholders’ agreement? That is possible!
Have you recently established a company, or has your company been active for a while but you have not yet drawn up a shareholders’ agreement? Feel free to contact us at contact@alisadvocaten.be. We are happy to assist you and will review the needs of your company together when drafting a shareholders’ agreement.
