A shareholders agreement is a contract negotiated by the shareholders of a company outside the Corporations Act to:

  • govern their relationship and business arrangements;
  • detail their rights, responsibilities, obligations and liabilities; and
  • protect their interests — with regard to their particular circumstances.

It regulates matters not covered by a company’s constitution and is therefore supplementary to a company’s constitution.

You will need the following information to generate your free document:

  • number of shares issued per shareholder;
  • names of all shareholders; and
  • addresses of all shareholders.

Get Your Shareholders Agreement

Free Document

  • Basic Shareholders Agreement template
  • You choose which document is right for you
  • Self-serve online
  • Get your Shareholders Agreement instantly
Download Now

LV Essentials ($499)

  • Shareholders Agreement tailored to your needs
  • 15 minute initial consultation
  • Two business day turnaround
  • You are protected under our insurance
Recommended

LV Premium (from $2195)

  • Fully personalised Shareholders Agreement
  • 60 minute initial consultation
  • Five business day turnaround
  • You are protected under our insurance
  • 30 minute complimentary consultation to discuss any changes to your Shareholders Agreement
  • One round of amendments
Get a Quote

About this free document

The LVDox™ Free Shareholders Agreement allows you to ensure that the relationship between the company’s shareholders is documented in a basic manner.

Important terms covered in this document include:

  • operation of the business;
  • directors of the board and board meetings;
  • duties of directors and general meetings;
  • dividends, restrictions on parties and events of default;
  • first right of refusal and drag along; and
  • insurance, loan accounts and confidentiality.

The LVDox™ Free Shareholders Agreement is only suitable for very simple companies.

The following clauses can be customised by one of our lawyers to your specific needs:

  • good leaver/bad leaver provisions;
  • setting out how critical business decisions will be made;
  • a structure ensuring subsequent shareholders can accede to the shareholders agreement by deed of accession;
  • a structure allowing the company to be independently valued in the event of a shareholder dispute;
  • a shareholder vesting structure;
  • a clause which sets out how intellectual property developed by directors, key personnel and shareholders should be managed;
  • drag along and tag along to be customised for the business’s needs;
  • division of power between shareholders and directors;
  • balance of power between majority and minority shareholders;
  • protecting minority shareholders so they are comfortable to invest;
  • setting out how working capital and loans will be managed;
  • setting out how shareholders can sell their shares; and
  • protecting the company with comprehensive dispute resolution and non-compete provisions.

Our Awards

  •  Top 20 Startups in Australia - 2018 LinkedIn Startups List Top 20 Startups in Australia - 2018 LinkedIn Startups List
  • NewLaw Firm of the Year Finalist – 2018 Australian Law Awards NewLaw Firm of the Year Finalist – 2018 Australian Law Awards
  • Law Firm of the Year Finalist – 2018 Australasian Law Awards Law Firm of the Year Finalist – 2018 Australasian Law Awards
  • AFR Fast 100 List – 2018 Australian Financial Review AFR Fast 100 List – 2018 Australian Financial Review
  • NewLaw Firm of the Year – 2017 Australian Law Awards NewLaw Firm of the Year – 2017 Australian Law Awards
  • Customer Service Experience of the Year – 2017 Optus My Business Awards Customer Service Experience of the Year – 2017 Optus My Business Awards

Why LegalVision?

  • Cost Certainty

    We offer our clients certainty and transparency by providing fixed fees.

  • Responsive Timeframes

    We get back to you with a quote within two hours. We maximise efficiency and minimise delays by communicating with our clients on their terms and in a manner that suits them.

  • Specialist Lawyers

    Our lawyers are all specialists in their given field and have experience working with clients across a breadth of industries and regions.

  • Full Service Commercial Law Firm

    As a full service firm, we can assist your business with any commercial legal matter.

110,000 Australian Businesses Assisted
9,000 Valued Clients
4,200 Legal Articles

Get in Touch

Fill out the form below and a LegalVision team member will be in touch shortly!

  • We will be in touch shortly with a quote. By submitting this form, you agree to receive emails from LegalVision and can unsubscribe at any time. See our full Privacy Policy.
  • This field is for validation purposes and should be left unchanged.

Privacy Policy Snapshot

We collect and store information about you. Let us explain why we do this.

What information do you collect?

We collect a range of data about you, including your contact details, legal issues and data on how you use our website.

How do you collect information?

We collect information over the phone, by email and through our website.

What do you do with this information?

We store and use your information to deliver you better legal services. This mostly involves communicating with you, marketing to you and occasionally sharing your information with our partners.

How do I contact you?

You can always see what data you’ve stored with us.

Questions, comments or complaints? Reach out on 1300 544 755 or email us at info@legalvision.com.au

View Privacy Policy