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    Shareholder Agreement | Australia


    Set out how the shares of an Australian corporation are to be transferred or sold under this customizable Australia Shareholder Agreement.

    • Each shareholder has a right of first refusal to purchase any shares being disposed of by the other shareholder(s) before the shares can be offered to third parties.
    • Shareholders not wishing to exercise their right of first refusal can transfer a pro rata share of the offered securities to the other remaining shareholders.
    • The shareholders also have a right of first refusal to purchase new securities being issued by the corporation.
    • If a shareholder is in default (as defined in the agreement), the other shareholders have a call option; in other words, they have the option to purchase the defaulting shareholder's shares at fair market value.
    • The procedure for avoiding deadlock in votes is set out.
    • The template also includes non-competition and confidentiality clauses.
    • Every corporation with more than one shareholder should have a Shareholder Agreement in place.
    • Available in MS Word format.
    • Intended to be used only within Australia.
    Download Type: Microsoft Word
    Last Updated: 30-January-2023
    SKU: 6008
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