Why Shareholder Agreements are Important for Colorado Corporations

by
January 13, 2014

As you set out to build your startup, don't forget that the agreement among the corporation's sharholders is a critical document.  Why are shareholder agreements important in a Colorado corporation?  Well, like any other contract between parties, a shareholder agreement sets expectations and is a “road map” for how to handle important shareholder matters.  Importantly, a shareholder agreement aims to put the control of important corporate matters in the hands of those who would be affected by certain matters: the shareholders.

The most common and important provisions contained within a Shareholder Agreement are:

Right of First Refusal

Transfers, Death or Disability

Establishing a Price

Read more from our Colorado Startup Lawyers about why its critical that your Colorado startup has a shareholder agreement.

 

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