A deed for new shareholders to adhere to an existing shareholders' agreement
This deed serves as an annexure to the original shareholder agreement, thereby maintaining the initial contract's integrity. It enables seamless integration of new shareholders without renegotiating the entire agreement, safeguarding the interests of current shareholders.
Through this deed, the new shareholder commits to adhering to the original terms, including voting rights, dividend distribution, and any covenants. This ensures consistency and stability within the company's governance structure, as all shareholders are unified under the same contractual obligations.
A Deed of Adherence for a Shareholder Agreement is primarily used by new shareholders in a company. It ensures that the incoming shareholder agrees to be bound by the terms of the existing Shareholder Agreement.
You’ll get:
Get started immediately and create your document in minutes.
✨ Create FREE documentThis site uses cookies to give you the best browsing experience.Read our privacy policy
This site uses cookies to give you the best browsing experience.Read our privacy policy