Shareholder Agreement

Work Toward a Shareholder Agreement

Hi, I'm Daryl Landau of Common Ground in Toronto, Ontario.

This questionnaire is intended for a SME (small to medium size enterprise) whose owners want a shareholder agreement. Rather than just use a boilerplate that may not meet your needs and leave gaps, start here to consider key questions for about 10 minutes. Then I can facilitate dialogue to reach agreement on terms, and then your lawyer(s) can finish it. This is likely the cheaper and better option because I don't charge lawyer rates.

Don't worry if you don't have all your answers, it's a chance to think about it, maybe fill it out again later.

It's best if each owner submits their own response. If you choose to retain me, there will be a 30 minute charge for reading each submission and preparing for the discussion.

1. Will this be your first shareholders agreement for this enterprise?

2. Are you a new business and/or fairly small and not complex?

Unless you want my Charter process, you may want a fairly simple Shareholder Agreement. You may want to focus on the essential elements for now, and get a revised SA with more protections in a few years before (or after) you undergo some major changes. Consider this as you fill this out. And if all you want is a boilerplate agreement, you can likely find a lawyer to do that for you.