How to complete the Shareholder Agreements tab of the Electronic Minute Book Form

To complete the Shareholder Agreements tab of the Electronic Minute Book Form

  1. Open the Electronic Minute Book Form
  2. Click on the Shareholder Agreements tab
    1. Enter the date of the Shareholder Agreement
    2. Select whether it is a Unanimous Shareholder Agreement and if not, select the shareholders that are parties to the agreement
    3. Select the Rules/Changes that shall be included in the Shareholder Agreement or simply click on Select Default Content

    4. Select the Lawyer preparing the Shareholder Agreement
  3. Click on the Agreement Information tab
    1. Select whether you wish to have a Non-Competition Clause and if so enter the applicable time period and the geographic radius
    2. Select whether you wish to have a Non-Solicitation Clause if so, enter the applicable time period
    3. Select the method of determining the Fair Market Value

  4. Click on the Share Transfer Restrictions tab
    1. Select whether you wish to have any restrictions on transfers of shares and if so
    2. Select whether you wish to have a Shotgun Clause and enter the details of the relevant time periods
    3. Select whether you wish to have a Transfer Event Clause and select the type of Transfer Event you wish to add along with the relevant time periods
    4. Select whether you wish to have a Right of First Refusal Clause and select the type of Right of First Refusal you wish to add along with the relevant time periods
    5. Select whether you wish to have a Pre-emptive Rights Clause and enter the details of the relevant time periods