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In this tutorial, the speaker discusses drafting a Shareholders Agreement, which is essential for companies with multiple shareholders. A shareholders agreement is a contract defining the rights and responsibilities of shareholders. It typically addresses issues such as the number of shares owned by each shareholder, different classes of shares, and the rights associated with them. While share class information can also be included in the company’s constitution, the shareholders agreement may specify whether the company can issue additional shares in the future. Overall, establishing a shareholders agreement is crucial for clarifying shareholder relations and protecting their interests.
