All corporations start out with good will towards your business partners. As your business grows and challenges present themselves, your business needs to be able to handle disagreements between the management team and among shareholders. If a dispute between shareholders has animosity and the potential for litigation, the costs for the corporation can be substantial.
A well drafted shareholder agreement, by a Toronto business lawyer, is vital to the long term health of the corporation.
1. Restrictions on Share Transfers
2. Shotgun Clause
4. Dispute Resolution
Mr. Ament, Toronto business lawyer, understands that every shareholder agreement is unique to the corporation's facts and is customized to fit your business requirements. When a shareholder agreement is negotiated between the parties and executed it becomes a contractually binding document between the corporation and its shareholders. The shareholder agreement will provide a framework for the governance of the corporation and structure for any dispute resolution. It is easier and more cost effective to negotiate the provisions of a shareholder agreement prior to an actual dispute arising.