The „Drag Along“ and „Tag Along“ rights come into effect when a potential acquirer proposes to acquire the company`s shares. Drag Along rights favour majority shareholders and apply when a majority of shareholders wish to sell their shares to an external acquirer and may compel other shareholders to participate on the same terms in the sale of the shares. „Day“ rights favour the minority shareholder and refer to a situation in which a minority shareholder can „participate“ on the same terms if the majority shareholders wish to sell their shares. No other shareholder contract for sale on the Internet is as comprehensive in its coverage of legal issues, and the development of explanations and advice provided. This agreement has been carefully studied and often updated over 15 years to give you a document that accurately covers the law, while helping to avoid conflicts in the practical daily areas of management and control. 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. Business decisions that require a special agreement are reserved. Instead of the board of directors having the final say, shareholders can reserve the power to decide on issues: this agreement, dated [AGREEMENT DATE] is concluded between the following persons, who form all the current shareholders of [CORPORATION] („Corporation“): What is a shareholders` pact? A shareholders` pact is a document involving several shareholders of a company, which details the results and concrete measures that are taken in the event of the departure of a shareholder of the company, whether voluntarily, involuntarily or when the company ceases operations. In the absence of a formal agreement for conflict resolution plans, shareholders may find it difficult to resolve disputes. For example, our shareholder contract allows shareholders to use a mediator or arbitrator to help them resolve disputes when they arise. A shareholder contract also establishes a statement of the parties` agreement on their obligations that can help resolve disputes. Prevent shareholders from gaining an unfair competitive advantage after leaving the company by including interest rate dispute clauses: PandaTip: This section ensures that shareholders have the same expectations about when they can withdraw money from the company and ensure that distributions do not compromise the company`s financial needs.