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Showing posts from February, 2022

6 Reasons to have a Shareholders Agreement Template South Africa

  When we talk about any shares, several questions have been asked about the shareholders agreement template South Africa which are guided and answered with the different legal documents platforms.  They explains the legalities of the SHA, to address the 6 reasons that could make the difference in your situation Control over valuing and pricing the shares The Shareholders Agreement contains provisions for how the shareholders are to value or price the shares in the Company. The Shareholders Agreement can stipulate that the shareholders must either reach agreement as to the value of their shares or use a predetermined formula. Furthermore, the Shareholders Agreement can require the use of an independent expert if the Shareholders cannot reach agreement. Regulate management of the Company The Shareholders Agreement should contain provisions dictating how the Company should be operated which should include detail as to the Shareholders’ rights and obligations. It is also important to con