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In this video tutorial on drafting a Shareholders Agreement, the speaker explains that such agreements are necessary for companies with two or more shareholders. A shareholders agreement is a contract outlining the rights and responsibilities of shareholders. Key points that can be covered in the agreement include the number of shares owned by each shareholder, different classes of shares, and their respective rights and responsibilities. While information about share classes may be found in the company constitution, it can also be included in the shareholders agreement. Additionally, the agreement may address whether the company can issue additional shares in the future.