Shareholders Agreement Malaysia Sample
Does the shareholders` agreement replace the Constitution? Pre-emption rights – A prerequisite for a shareholder to offer other shareholders of the company the right (but not an obligation) to acquire the shares prior to the sale or transfer of shares to third parties. This contract applies from ___ C. Pat, Chris, Jean and Mikey are all its shareholders and the authorized capital of the company consists of an unlimited number of common shares without par value, the following of which are issued and considered fully paid-up and not eligible: PandaTip: The distribution or resale of shares outside may involve a large number of legal provisions that are not supposed to satisfy this agreement. That is why this clause is important. (This full section simply allows a shareholder to sell his shares to other shareholders, otherwise he can sell them to other parties – with conditions!) (a) Shareholders may mortgage their shares as security for all loans they have taken out, provided that the pledge holder enters into a written agreement, provided that the pledge creditor is subject to all the terms of this Agreement. Your lawyers will generally include the following clauses in your shareholders` agreement. Please note that, although these are standard clauses, your lawyer drafting the shareholders` agreement can however optimize these clauses depending on whether you are a majority shareholder or a minority shareholder. . . .