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shareholders agreements in a nutshell firstly what is a shareholders agreement but simply it is an agreement between the shareholders of a company regulating their relationship and setting out how the company should be run the agreement is usually drafted so that it dovetails with the companys articles of association the big question is do you need one if there is more than one shareholder in your company then it is strongly advisable formal contracts are put in place to create certainty and hopefully avoid disputes and costly litigation in the future for example if a shareholder in your company acts in a dishonest manner then there will be no way of forcing them to transfer their shares unless specific provisions are included within the documentation when should you consider putting one in place well you should investigate the potential benefit of a shareholders agreement whatever stage the company is at however the following situations are common triggering factors a third party is
