A shareholders` agreement can protect minority shareholders. One way of doing this is to apply the provisions that must be approved unanimously for certain decisions. As long as a shareholder does not agree, the decision is not approved, regardless of the amount that shareholder owns in the company. This clause defines shareholders` capital commitments or loan guarantee obligations, if any. Although institutional lenders remain the conventional source of financing, shareholders may sometimes agree to personally lend the company a proportionate share. Similarly, when loans are granted to the company, the lender may require shareholders to provide joint and several guarantees. The clause defines the debt financing or guarantee obligations and the consequences of a default. A shareholders` agreement is optional. This ensures that more principals will be involved in the most important decisions of the company and its activities. In particular, if you are not a director, your rights to obtain corporate information are relatively limited. If you need regular reports from the company or if you want to be alerted to certain events, the shareholders` agreement should take this into account. Investors may also subsequently draw up a shareholders` agreement; However, their expectations may differ further in the operation of the business.
It can be more difficult to reach a consensus. .