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Oklahoma Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement - Oklahoma

Oklahoma Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement - Oklahoma 2025

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The document is a Preincorporation Agreement outlining the terms and conditions for forming a corporation in Oklahoma. It details the responsibilities of the parties involved, including the formation timeline, management structure, initial capital contributions, stock issuance, and operational guidelines. Additionally, it includes provisions for shareholder agreements, confidentiality agreements, and buy-sell agreements to govern the relationships and transactions among shareholders. The agreement emphasizes mutual consent and compliance with state laws.

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Click ‘Get Form’ to open the Oklahoma Pre-Incorporation Agreement in the editor.
Begin by filling in the date at the top of the agreement. Next, list all parties involved in the pre-incorporation process.
Specify the proposed name of the corporation and ensure it complies with Oklahoma naming regulations. Indicate a substitute name if necessary.
Complete sections detailing the purpose of the corporation and initial capital contributions, including specific allocations for equipment, salaries, and other expenses.
Fill out stock issuance details, including names of shareholders and number of shares each will receive.
Proceed to complete the Shareholders Agreement section by listing shareholder interests and any transfer restrictions.
Finally, review and sign all agreements, ensuring that all parties have acknowledged their understanding and acceptance.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Is a shareholders agreement compulsory?

While its not mandatory under the Companies Act, it serves as a crucial document for clarifying expectations and preventing misunderstandings. This agreement typically covers: Voting rights and decision-making powers.

Who can ratify a pre-incorporation contract?

If no period is specified, the company may ratify it within a reasonable time after its incorporation. Normally, it is the directors of a company after incorporation that would ratify the pre-incorporation contracts.

Why use a pre-incorporation contract?

A pre-incorporation agreement can detail how a corporation will operate. It can outline the management structure as well as set the terms for who will exercise control over the company before the initial corporate meeting is held.

Who is liable in a pre-incorporation contract?

Promoters are personally liable for pre-incorporation contracts because at the time of the formation of a pre-incorporation contract the corporation was non-existent.

What is a pre-incorporation agreement?

As the name implies, a pre-incorporation agreement is an agreement a contract by and among the various partners and colleagues who will be the owners of the new corporation. These types of agreements can be used for any type of corporate formation such as a limited liability company or corporation.

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