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Document Id : 7829
File Type : Microsoft Word
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USA Shareholders Agreement for S Corporation
Prepare a Shareholder Agreement to govern the operation, management and control of an S corporation with this easy-to-use USA template.
- The shareholders agree to maintain the corporation's status for tax purposes, unless a 3/4 majority of the shareholders consent to revoke the status.
- The shareholders agree to enter into a buy-sell agreement to govern the purchase and sale of the corporation's shares.
- Stock certificates must contain a restrictive covenant stating that the stock is subject to the terms of the Shareholder Agreement and the buy-sell agreement.
- If the corporation requires additional operating capital, the shareholders must each contribute additional capital within 30 days of request.
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