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In this tutorial, the speaker discusses the importance of drafting a Shareholders Agreement, applicable to companies with more than one shareholder. A Shareholders Agreement is a contract detailing the rights and responsibilities of shareholders. It can outline share ownership, including different classes of shares and their specific rights and responsibilities, although this information may also be included in the company's constitution. Additionally, the agreement can address the company's ability to issue additional shares in the future. Overall, implementing a Shareholders Agreement is essential for clarifying shareholder relations and protecting their interests.