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[Music] please subscribe to the channel press the bell icon to be notified of the latest videos sage here for calkine media thanks for joining us for our educational series today were covering what is a shareholders agreement a shareholders agreement also known as a stockholders agreement is a type of private contract between shareholders that provides information about how a firm should be managed and defines the shareholders obligations and rights furthermore a shareholders agreement is like a partnership contract which is a contract between the firms partners it also specifies the type of relationship shareholders have with each other and their relationship with the companys management share ownership and shareholder protection its goal is to guarantee that shareholders are fairly treated and their rights are respected sections of the contract describe the valid and fair share pricing furthermore it permits shareholders to decide which external parties may become future sharehold