Shareholders Agreement checklist: equal 50/50 shareholders

Checklist for a Shareholders Agreement between equal 50/50 shareholders.   To be used to agree the principal terms of the shareholders agreement prior to preparing the agreement itself, to save time and negotiation on the Shareholders Agreement

Use this document:

• for a company owned equally (50/50) by two shareholders
• as a preliminary step prior to preparing the Shareholders Agreement
• as a checklist to record the agreed position on the principal terms
• to save time and future discussion and negotiation on the Shareholders Agreement itself
• in conjunction with Paper Rock’s template 50/50 Shareholders Agreement, see Shareholders Agreement: equal 50/50 shareholders
• for a private limited company incorporated in England and Wales

Key features include:

• clear and easy to complete checklist of non-legally binding terms
• table format with explanatory commentary on points and alternative options for consideration and discussion
• checklist covering matters including:
  • shareholders
  • business of the company
  • shareholder roles and services
  • shareholdings
  • funding, including initial and further funding
  • director appointment rights and board decision-making
  • shareholder decision-making
  • matters requiring prior approval of specified shareholders (reserved matters)
  • issue of additional shares
  • rules and restrictions on the transfer of shares
  • shareholder rights to information
  • deadlock resolution
  • shareholder restrictive covenants
  • duration and termination
  • governing law and jurisdiction of disputes

Alternative checklist

For a Shareholders Agreement checklist for a company with majority and minority shareholdings, see SHA003.001 Shareholders Agreement checklist: majority/minority shareholders.

All Paper Rock legal templates are written by highly qualified English lawyers that are currently practising in the field of commercial and corporate law. The templates you download here reflect the same quality as if you’d instructed our lawyers to draft them for you. They also write all our document descriptions so you can rest assured every bit of information is legally accurate up to date.

Whatever your method of purchase, there is no limit to the number of times you can download your templates. However, many customers prefer to invest in an annual subscription. This offers exceptional value with unlimited downloads from our entire document library.

The Paper Rock team is available to answer questions via Live Chat during UK business hours. When live chat is unavailable, email support@paperrock.com. We aim to respond to your emails within a 24-hour period. We also encourage you to ask questions via our social channels.