Shareholder Agreements

Most small and medium businesses in Australia are managed and run by shareholders. A shareholder agreement is a private contract made between all the shareholders of the company setting out the rights, obligation, and liabilities of each shareholder. Auswest Lawyers strongly recommends that the shareholders must enter into a properly drafted agreement which sets what roles the business owners will play in the management of the company, how owners can buy-in and exit the company, and how disputes are to be resolved.