(0) items
You have no items in your shopping cart.
All Categories

    Australia Shareholder Agreement


    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. Download this template which can be used in any Australian state or territory.

    Download Type: Microsoft Word
    Last Updated: 14-April-2016
    SKU: 6008