Shareholders Agreement Deed Of Termination

Based on our offer of equity investment agreements in January, a new shareholders` agreement will normally have to be established if an investor decides to invest in a company. By definition, this requires the termination of the company`s existing shareholder contract. Some shareholders may decide to leave the company at that time, or everyone wants to remain a shareholder in the company, but regardless of the agreement, a new agreement requires the termination of the existing agreement. We have therefore drafted a succinct and user-friendly termination act, specifically designed to terminate an existing participation agreement. This template was designed as a document to overcome potential problems of non-consideration. All parties to the original agreement must be parties to the cancellation agreement. In addition, a restriction clause may be included in an act of termination of a shareholder contract, in order to protect the goodwill of the company and to prevent a shareholder who leaves the company from competing with the company, taking customers and benefiting from the company`s knowledge and experience. . . .