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Shareholders' agreements vary enormously between different countries and different commercial fields. However, in a characteristic joint venture or business startup, a shareholders' agreement would normally be expected to regulate the following matters: regulating the ownership and voting rights of the shares in the company, including
A deadlock provision, or deadlock resolution clause, is a contractual clause or series of clauses in a shareholders' agreement or other form of joint venture agreement which determines how disagreements on key issues are to be resolved in relation to the management of the enterprise. The drafting of the deadlock provisions will often depend to ...
Tag-along rights are usually incorporated into a shareholder's agreement, a type of contract. Tag-along rights are a form of contract clause and therefore not enshrined in statutes . As such, they have to be agreed upon by the parties beforehand in a shareholders’ agreement . [ 8 ]
To apply, a piggy-back clause must be included in a corporation's shareholder agreement, which is part of the incorporation materials. Because the shareholder's agreement is a contract , the rules are rather soft, and a piggyback clause can be tailored to fit the specific needs of the company.
A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s ...
Category:Contract clauses concerns specific clauses in legal contracts. Pages in category "Contract clauses" The following 54 pages are in this category, out of 54 total.
Parties to an innominate contract have a high degree of contractual freedom and "may establish such stipulations, clauses, terms and conditions as they may deem convenient" only subject to the requirement that "they are not contrary to law, morals, good customs, public order, or public policy". [223] A contract under Philippine law is only ...
In contract law, an integration clause, merger clause, (sometimes, particularly in the United Kingdom, referred to as an entire agreement clause) [1] is a clause in a written contract which declares that contract to be the complete and final agreement between the parties. It is often placed at or towards the end of the contract.
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