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if youre involved in a limited company and you are a shareholder and youre perhaps a 50 50 shareholder with somebody else you should seriously consider getting a shareholders agreement drawn up to seven important things that should go on the shareholders agreement one share subscriptions how are they going to be handled two the sale of shares how is that going to be handled three company operations four vetoes five 50 50 shareholders and deadlock what happens how you resolve the deadlock six non-complete covenants in other words when a shareholder sells or goes is there non-compete and other issues number seven other issues include confidentiality arbitration no partnership assignment of rights and so forth but a shareholders agreement between shareholders is a good idea
