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A shareholder agreement is a vital document for companies with multiple shareholders, detailing rights, responsibilities, and decision-making processes. It should define six key areas: 1. **Purpose**: Clearly articulate the agreement's intent, including shareholders' rights and dispute resolution processes.2. **Ownership Structure**: Specify the company's ownership, including share distribution and any transfer restrictions.3. **Decision-Making Procedures**: Outline the processes for making company decisions.The agreement serves as a framework for governance and dispute resolution, ensuring clarity and accountability among shareholders.