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Shareholders Agreements Provisions

  • Writer:  Sanet Riekert
    Sanet Riekert
  • Nov 12, 2024
  • 1 min read

Updated: Nov 14, 2024

Marizanne Augoustinos is a seasoned legal advisor and advocate with expertise in contracts delves into the crucial provisions essential in a shareholder's agreement, particularly focusing on aspects like percentage ownership and decision-making.



Key points highlighted include stipulating shareholding percentages, authorized share classes, rights linked to each share class, and decision-making protocols among shareholders through ordinary and special resolutions at shareholder meetings.


The voting process, which can be conducted through a show of hands or by polling, is also explained, detailing the importance of establishing voting mechanisms for various types of decisions requiring either an ordinary or special resolution.

 
 
 

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