Area of Law: Business & Corporate Law
Answer # 225
Shareholder agreements
Region: Ontario Answer # 225A shareholder agreement is an agreement between the shareholders of a corporation that details the rights and obligations of each shareholder. Shareholder agreements are often used in corporations where there are not very many shareholders. Shareholder agreements usually cover topics such as how shareholders can transfer their shares, how disputes between shareholders will be resolved, and how shareholders may vote in annual or special meetings.
More info
More information about incorporating a business in Ontario can be found from ServiceOntario. For information about federal incorporation, visit Government of Canada, Federal Corporations.
Get legal help
Every shareholder agreement should be tailored to the specific requirements of the corporation. The guidelines contained in shareholder agreements should be kept simple and easy to follow. For legal advice and assistance with structuring your shareholder agreement, contact a business law lawyer.
You now have options: