Legal Docs by Rubric Law

Getting Started

Shareholders

Company Info

Directors

Reserved Matters

Covenants

Property

Occupations

Other Details

Generate

Getting Started

A shareholders' agreement is a contract between the shareholders of a company. It sets out the rights and obligations of the shareholders and the rules for running the company.

Costs: £500 (including VAT)

After completing this form, you will be able to download a preview of the agreement. You will then be redirected to a secure payment page to complete the payment and download the full document.

This form will help you generate a shareholders' agreement for your company.

How many shareholders are there?

Shareholder details

Director Appointments

How many directors are permitted to sit on the Company's board of directors at any one time?

Are shareholders permitted to appoint alternate directors?

Who do the shareholders unanimously appoint as the chairperson of the board?

Who do the shareholders appoint as the managing director of the Company?

What is the minimum number of directors needed for a board meeting to take place?

Note: this must at least two as the Company is using model articles

How many shareholders (as a %) must vote for the board to take any action in respect of a reserved matter?

Reserved Matters

What date do you want to nominate as the financial year end for the company?

How long (in years) do you want the initial lock-in period to last?

Restrictive Covenants and Other Provisions

Do you want to include restrictive covenants in the agreement?

Do you want to stop an exiting shareholder soliciting or attempting to solicit away from the Company, any person who was a supplier, agent, or independent contractor of or to the Company?

Within what radius (in miles), do you want to stop an exiting shareholder setting up or having an interest in a competing business, in relation to the Company?

Do you want to stop an exiting shareholder supplying or providing any products or services to any customers or clients of the Company, who were customers or clients of the Company prior to that shareholders departure?

What is the baseline salary that a departing employee must have been paid by the Company, to be captured by the previous question? Please consider if this should apply to all employees or workers or should be limited to those who receive a specific salary from the Company (eg; £50,000 per annum).

How long (in months) do you want to stop an exiting shareholder soliciting or endeavouring to solicit any person who was an employee of the Company?

How long (in months) do you want to stop an exiting shareholder supplying any products or services to any person who was a customer of the Company?

How long (in months) do you want to stop an exiting shareholder setting up or having an interest in a competing business, in relation to the Company?

How long (in months) do the suppliers, agents, or independent contractors captured by the previous question, have to have been engaged by the Company for preceding the exiting shareholders departure from the Company?

How long (in months) do you want to stop an exiting shareholder supplying any products or services to any person who was a customer of the Company, while the exiting shareholder was still a shareholder of the Company?

How long (in months) do you want to restrain an exiting shareholder trying to poach any employee from the Company?

Property and Other Terms

Please provide details of any Property (including addresses) that the Company owns or leases.

Please provide any further terms that you would like included in the agreement.

Please describe the likeness or phrases which represent the Company (but are not registered trademarks), that you want to prevent an exiting shareholder using, if that utilisation would compete with the business of the Company.

Shareholders' Occupations

What are the shareholders occupations (eg; Vets, Dentists etc)

Other details

Do you want alterations to the Articles or any rights attached to any of the shares in the Company to be a reserved matter?

Do you want the registration of any person as a member of the Company who is not a shareholder, to be a reserved matter?

Do you want any arrangement whereby the Company acquires its own shares, to be a reserved matter?

Do you want the issuing of any loans by the Company (other than in the ordinary course of business), to be a reserved matter?

Do you want the commercial borrowing of the Company other than in the ordinary course of business, to be a reserved matter?

Do you want the passing of a resolution to wind the Company up or for it to be put into administration, to be a reserved matter?

Do you want any changes to the Company name to be a reserved matter?

Do you want any changes to the registered office of the Company, to be a reserved matter?

Do you want any changes to the nature of the business or the commencing of any new business, which is not ancillary or incidental to the current business, to be a reserved matter?

Do you want the formation of a subsidiary company, acquisition of shares in another company, or formation of a partnership or joint venture, to be a reserved matter?

Do you want the amalgamation or merger with another company to be a reserved matter?

Do you want the granting of any encumbrance (in whole or part) over any assets or shares of the Company, to be a reserved matter?

Do you want the granting of any guarantee or indemnity by the Company to a third party, to be a reserved matter?

Do you want the alteration of any mandate given to the Company's bankers relating to the operation of the Company's bank accounts, to be a reserved matter?

Do you want the appointment of any agent or intermediary to conduct any Company business, to be a reserved matter?

Do you want the entering into of any contract outside of the normal course of the Company's business (including expansion into a new geographic area) to be a reserved matter?

Do you want the termination or material variation of any contracts or arrangements which are material to the nature of the Company's business, to be a reserved matter?

Do you want the variation of any standard terms of business which regulate the provision of the Company's goods or services to third parties, to be a reserved matter?

Do you want the granting of any rights in or over any IP owned or used by the Company, to be a reserved matter?

Do you want the factoring or assignment of any book debts of the Company, to be a reserved matter?

Do you want the changing of the Company solicitors, accountants, or financial year end to be a reserved matter?

Do you want the establishment or variation of any profit sharing, share option, bonus, or other incentive scheme in relation to the Company employees, to be a reserved matter?

Do you want the establishment or variation of any pension scheme or granting of any rights to any officer or employee of the Company (or members of their families), to be a reserved matter?

Do you want the instigation of legal proceedings (other than debt recovery proceedings in the ordinary course of business), to be a reserved matter?

Do you want the agreement with any revenue or tax authority making any claim, disclaimer, election, or consent exceeding a pre-defined amount, for tax purposes in relation to the Company, to be a reserved matter?

What amount (in £) do you want to permit the Company to incur in redundancy costs in relation to the dismissal of any officers or employees of the Company, before the dismissal in question becomes a reserved matter?

What amount (in £ and on a per annum basis) do you want to permit the Company remunerating any officer, consultant, employee or agent of the Company, before decisions on remuneration become a reserved matter?

What amount (as a % and on a per annum basis) do you want to permit the Company increasing the remuneration of any officer, consultant, employee or agent of the Company, before decisions on remuneration uplifts become a reserved matter?

What amount (as a £ amount) do you want to permit the Company to acquire or lease any interest in a single transaction, before any acquisition or lease over that amount becomes a reserved matter?

Generate Agreement

The shareholders agreement will be sent to the following email address and person to download. Please ensure this is correct.

Full name

Email address

Phone number

By sharing your personal details for with Rubric Law Limited (“us”, “our”, or “we”), you agree to be contacted by us to receive relevant information and updates, as you have expressed an interest in our services. You can unsubscribe or opt-out of receiving updates from us at any time. Please rest assured that we are committed to protecting your privacy in accordance with applicable data protection laws.

Getting Started

Shareholder details

Shareholder 1 details

Shareholder 2 details

Shareholder 3 details

Shareholder 4 details

Shareholder 5 details

Shareholder 6 details

Shareholder 7 details

Shareholder 8 details

Shareholder 9 details

Shareholder 10 details

Shareholder 11 details

Shareholder 12 details

Shareholder 13 details

Shareholder 14 details

Shareholder 15 details

Shareholder 16 details

Shareholder 17 details

Shareholder 18 details

Shareholder 19 details

Shareholder 20 details

Company Information

Director Appointments

Reserved Matters

Restrictive Covenants and Other Provisions

Property and Other Terms

Shareholders' Occupations

Other details

Generate Agreement