Click here to use the Cooley GO Docs Shareholders Agreement Generator.
Note that this document is intended only for UK companies.
It will come as no surprise that this is an agreement between the shareholders of a company. Essentially the agreement governs the shareholder to shareholder relationship and the shareholder to company relationship.
The aim of the shareholders agreement is to provide clarity on certain key matters that affect shareholders such as what rights they have as shareholder, when they need to be consulted by the directors on decisions affecting the company, and under what circumstances can they transfer their shares to a different person. A well drafted shareholders agreement should complement your company’s articles of association (see our Guide to Articles of Association for more information and generate your own Articles of Association here).