Shareholder Agreement Family Business

By far the easiest way to avoid a catastrophe is to set out provisions in the shareholders` agreement or a cross-option agreement that will address what will happen in the event of a shareholder`s death or incapacity. But what if you hadn`t thought about entering into a shareholders` agreement at the beginning? Or if you haven`t done a good job of making sure every new share beneficiary signs the deal? What if you now have more than 20 shareholders and no document that connects them? Worth a try now, or has the train left the station? It is customary to provide a method for calculating the fair value of shares in order to avoid price conflicts if a shareholder wishes to sell his shares. . . .

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