The Shareholders' Convention

An essential legal document to secure relationships between partners and guarantee the stability of your business

Why a Shareholders' Convention?

The shareholders' agreement goes well beyond the company's articles of association. It clearly defines the rights, obligations, and relationships between all the company's shareholders.

Clarity

Establishes precise internal operating rules

Protection

Protects the interests of all shareholders

Stability

Ensures the company's long-term viability

Clarification of the Rules of the Game

The agreement establishes the internal rules of operation between shareholders and avoids grey areas that can create conflicts.

Decision-Making

Defines who makes strategic decisions and how: majority vote, unanimity, or veto right.

Role Allocation

Clearly distinguishes between active shareholders and passive investors

Dividend Distribution

Establishes the precise terms for profit distribution

Protection of Minority Shareholders

The Challenge

Without an agreement, majority shareholders often have more power, leaving minority shareholders vulnerable to unilateral decisions.

The Solutions

• Veto rights over certain key decisions

• Pre-emption clauses (priority purchase rights)

• Fair exit guarantees

• Tag along clause for protection

Entry and Exit Management

The agreement precisely defines how one can enter or exit the company's capital, avoiding endless debates.

Right of First Refusal

Before selling to a third party, offer your shares to the other shareholders.

Joint Exit Clauses

Tag along/drag along to protect minority interests or allow for a global sale

Evaluation Methods

Objective criteria for determining the value of shares

Conflict Prevention and Resolution

Mediation

Amicable resolution of disputes before escalation

Arbitration

A faster and more confidential alternative to the courts.

"Shotgun" clauses

Forced buyout in case of insurmountable deadlock

These mechanisms limit lengthy and costly legal battles, preserving the company's relationships and resources.

Sustainability and Stability of the Company

The convention acts as "insurance" for the survival of society, even in difficult situations.

Sale of Shares

Clear procedures when a shareholder wants to sell

Death or Disability

Business continuity guaranteed in the event of unforeseen circumstances

Strategic Differences

Mechanisms for managing disagreements about vision

Future Growth

Framework for evolution and development

The Concrete Benefits

Conflict Reduction

Fewer arguments thanks to clear rules

Legal Economics

Reducing conflict resolution costs

Operational Stability

Business continuity ensured

A Governance and Protection Tool

The shareholders' agreement secures the relationships between partners, protects the interests of each party and guarantees the long-term stability of the company.

Security

Protected partner relationships

Equity

Everyone's interests respected

Sustainability

Long-term stability guaranteed

Next Steps

Do you want to secure your business with a shareholders' agreement tailored to your situation?

Consultation

Analysis of your current structure and your specific needs

Editorial

Preparing a template agreement tailored to your firm

Set up

Finalization and signing of your shareholders' agreement

Contact us to obtain a sample agreement tailored to your situation.