A Shareholders' Agreement is a legally binding contract between the shareholders of a company. It governs the relationship between the shareholders in order to protect the interests of the individual shareholders as and against each other.
A Shareholders' Agreement is of crucial importance in any company where there is more than one shareholder. It provides a level of protection for the shareholders involved in the company and establish a fair relationship between them.

This Shareholders' Agreement - Protection Majority Shareholders template is designed to protect the interests of the Majority Shareholders (i.e. any person(s) with more than 50% of the issued share capital in the company). This comprehensive Shareholders' Agreement includes clauses dealing with the transfer of shares in the company, pre-emption rights on a transfer of shares where any party to the agreement who subsequently wishes to sell their shares must first offer the shares to the other shareholders, and it also includes a Drag-Along Clause which enables a majority shareholder to force a minority shareholder to join in the sale of a company. Finally, a Confidentiality Clause and a Non-Compete, Non-Solicitation and Non-Poaching Clause have also been included in the agreement to safeguard the interests of the company.