Printable Shareholder Agreement
This Agreement ("Agreement") is entered into as of December 1, 2064, by and among the undersigned shareholders (each a "Shareholder" and collectively, the "Shareholders") of [YOUR COMPANY NAME] ("Company"), a California corporation. The purpose of this Agreement is to set forth the rights, responsibilities, and obligations of each Shareholder and to provide guidance for the operation of the Company.
1. Formation and Organization
1.1 Company Formation
The Shareholders acknowledge that the Company was formed on April 15, 2050 under the laws of the State of California, and it operates in accordance with the Articles of Incorporation and Bylaws.
1.2 Principal Office
The principal office of the Company shall be located at [YOUR COMPANY ADDRESS], or at such other location as the Shareholders may determine.
2. Shareholder Contributions
2.1 Initial Contributions
Each Shareholder has made the following contributions:
Shareholder Name | Contribution Amount | Contribution Type |
|---|
[YOUR NAME] | $500,000 | Cash |
Houston Smith | $350,000 | Property (Office Building) |
3. Management
3.1 Board of Directors
3.2 Officers
The Officers of the Company shall be appointed by the Board and shall include at least a President, Secretary, and Treasurer. Officers shall serve 2-year terms and may be reappointed by the Board.
4. Voting Rights
4.1 Shareholder Meetings
Regular meetings of the Shareholders shall be held annually, at the Company’s principal office, unless otherwise agreed by a majority of the Shareholders.
4.2 Voting Power
The voting power of each Shareholder shall be proportional to their ownership interest in the Company. All voting shall be conducted in accordance with the Bylaws.
5. Distributions
5.1 Timing and Amount
Distributions shall be made to Shareholders at the discretion of the Board, subject to the financial needs of the Company and compliance with applicable laws.
5.2 Distribution Proportions
Distributions shall be made proportional to each Shareholder's ownership interest in the Company.
6. Amendments
6.1 Process for Amendments
This Agreement may be amended only by a written agreement signed by Shareholders holding at least 75% of the voting power.
7. Miscellaneous
7.1 Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of California.
7.2 Counterparts
This Agreement may be executed in several counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
8. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
 [YOUR NAME]
Date Signed: December 1, 2064 | Houston Smith Date Signed: December 1, 2064 |
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