DEED OF ADHERENCE TO SHAREHOLDERS AGREEMENT - TEMPLATE
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YOUR DEED OF ADHERENCE TO SHAREHOLDERS AGREEMENT IN BLACK & WHITE
With our downloadable Deed of Adherence to Shareholders Agreement, you can get your agreement in black & white instantly.
The Legal Zebra Template guides you through the process, so you can confidently introduce a new shareholder with a formal, yet easy to follow, Agreement.
You'll avoid "legal overwhelm" and lawyer's fees and you'll sure-up the relationship with a new shareholder with a binding Agreement in place. So, the new shareholder is bound by an existing Shareholders Agreement.
WHY YOU NEED A DEED OF ADHERENCE TO SHAREHOLDERS AGREEMENT
What happens when you a have a Shareholders Agreement and all the Shareholders signed it but now you want to introduce a new Shareholder?
Well, you will want the new Shareholder to be bound by the existing Shareholders Agreement. You can quickly and easily achieve this by having the Company and the new Shareholders sign a Deed of Adherence to the Shareholders Agreement.
WHEN TO USE THIS DEED OF ADHERENCE TO SHAREHOLDERS AGREEMENT
This Deed of Adherence Template can be used for most Companies with an existing Shareholders' Agreement.
You can use Legal Zebra's downloadable Template to put a basic legally binding Deed of Adherence to Shareholders Agreement in place. It generally only takes about 4 minutes.
The Legal Zebra Template is up to date and suitable for use in all States and Territories of Australia including NSW, Victoria, ACT, WA, SA, NT, Tasmania and Queensland. Many people outside Australia also use this document because it's so easy to use.
If your company arrangements are complicated, or the transaction has substantial value, you should seek personalised advice from a lawyer and accountant.
Here are some examples of when to use our Deed of Adherence to Shareholders Agreement Template...
Example: A Shareholder sells their shares to a new Shareholder
We want to make sure the new Shareholders is bound by our Company's Shareholders Agreement. We need a simple document to bind them.
Example: The Company issues shares to a new Shareholder
We already have a Shareholders Agreement in place. We want to get a new Shareholder to accept this Agreement. However, we don't want to have all of the Shareholders re-sign the Agreement. We just want to add the new Shareholder to the existing Agreement. We want a simple Deed of Accession to record this.
WHAT'S COVERED IN THIS DEED OF ADHERENCE TO SHAREHOLDERS AGREEMENT TEMPLATE
Legal Zebra's Australian Deed of Adherence to Shareholders Agreement Template includes these important provisions...
DETAILS OF NEW SHAREHOLDER
Include the new Shareholders name, address, etc.
DETAILS OF SHAREHOLDER REPRESENTATIVE
Specify the name of the individual who will represent the new Shareholder.
BIND BOTH SHAREHOLDER & REPRESENTATIVE
These two parties agree to be bound by the Company's existing Shareholders Agreement.
SHARES HELD BY NEW SHAREHOLDER
State how many shares the new Shareholder will hold.
Include details of what the Shareholder (or its Shareholder Representative) is required to do for the Company.
Include details of any loans that the Shareholder is required to make to the Company.
Easy to follow tips and examples to help complete your Deed of Adherence to Shareholders Agreement Template with confidence.
Make Your Deed of Adherence to Shareholders Agreement Now!
FREE - PDF
$27 - Word & PDF