This can create problems for people who own businesses, and also for family members and employees who may own shares in the company but do not understand what the value of that property is or if there is something they need to do with the shares to get their maximum benefit. You can also expect more ownership of these shares than the group plans to give, which can leave shareholders frustrated and angry at the misunderstanding. The main objective of the shareholders` pact is to protect shareholder investment in the company. It also aims to establish a fair relationship between shareholders and to regulate the company`s activity. When drafting a shareholder pact, make sure that this is the case: at this stage, shareholders must have a similar view of what they receive and what they offer to the company. If, on that date, there are differences between the shareholders and they do not wish to participate in the agreement, you should consider this as a warning. They may also have difficulties with these people in the future. Instead of achieving the objectives, the creation of a shareholder contract will reduce the problems and the risk of divergence in the final stretch. If there is disagreement at a later stage, the agreement will be something to which all shareholders and directors can be maintained, so that there will be no legal consequences in the absence of a formal agreement. PandaTip: The distribution or resale of shares outside may be accompanied by a large number of legal provisions that this agreement does not seek to address, which is why this clause is important.
This agreement will help reduce the likelihood that people will be wary of what they need to do to be shareholders, which can reduce fears and related problems. The shares represented by this certificate are subject to the provisions of a “shareholders` pact of June 17, 2020” which restricts the right to sell, transfer or occupy shares of the company, including the shares represented by that certificate.