Shareholder Agreements in Conroe, TX
Montgomery County Business Attorney
As a newly formed startup, shareholder agreements and bylaws are key documents for corporations. Our Conroe business attorneys can provide experienced legal counsel to businesses operating in Montgomery County to help protect the interests of the business and the shareholders.
What is a Shareholders’ Agreement?
A shareholders’ agreement, also referred to as a stockholders’ agreement, is a private legal document outlining how the company should be operated as well as the rights and responsibilities of the shareholders.
Shareholder’s agreements typically include regulation of the following matters:
- Provisions for future shareholder disputes
- Management of the company including elections for board of directors
- Protection for competitive interest
- Lockdown provisions
Benefits of Creating a Shareholders Agreement
Shareholders’ agreements are designed to established provisions so that shareholders’ rights are protected, and they are treated fairly. Protections for both minor and majority shareholders can be outlined within these agreements. For minor shareholders, these agreements can require certain decisions be allowable through a unanimous vote. Contrastingly, majority shareholders can include “drag along” provisions which prevent minority shareholders from sinking a deal. Creating a shareholders’ agreement also demonstrates stability to potential investors, banks or other creditors. By creating this type of agreement, it shows you have planned for the possibility of future disputes.
Proven Montgomery County Business Lawyer
The terms of your shareholders’ agreement will ultimately be determined by the needs of your business, the industry of operation and the nature of the work involved. At Dossey & Jones, PLLC, our experienced team of business attorneys can provide you with the counsel you need to ensure all regulations and provisions are drafted properly.
When you need high-quality legal services, contact Conroe business attorneys Dossey & Jones, PLLC at (281) 410-2792.
-
"Pleasant individual and attentive"
Esteban did a great job preparing our wills and estate planning documents. Very pleasant individual and attentive to our needs. We will use them again!- Kenneth C -
"Outstanding"
Paige is outstanding. She walked me and my wife through our estate which could be a very complicated process. We are very happy that we found her and look forward to continuing to work with her.- Mazen N -
"Wonderful to work with"
Paige Jones was wonderful to work with she walk us through every process so we fully understood our documents. I highly recommend Paige and the Dossey & Jones, PLLC firm.- Kathy O -
"Very friendly and professional"
Great experience - Phillip Black was very friendly and professional and answered all my questions! Would highly recommend him and this law office!- Betty N
