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A shareholders agreement is a contract among a company's shareholders that governs their relationship and outlines company management. It is typically aligned with the company's articles of association. It is advisable to have one if multiple shareholders are involved, as it helps create certainty and prevent disputes. For instance, if a shareholder acts dishonestly, specific provisions in the agreement are necessary to enforce share transfers. Consider implementing a shareholders agreement at any stage of the company, especially when specific situations, such as third-party involvement, arise, as these can highlight the agreement's benefits.