| Partnerships and Shareholder Agreements
If you are setting up a new business, or already in business with other people, you will need to regulate the arrangements between shareholders or partners using Partnerships and Shareholder Agreements. We have a number of partnership agreement templates that can be of help here. When forming a Limited Company, a Shareholder's Agreement is recommended. When forming a Partnership, you will need a Partnership Agreement and, if you're setting up a Limited Liability Partnership, you would use a Limited Liability Partnership Agreement. If your business is teaming up with another, for example to form a joint venture or to bid for work together, please follow the Collaborating with Other Companies link. Confidentiality is usually a pre-requisite of any collaboration and you see our collection in the link below. |
Related contract collections:
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| A107 |
Shareholders Agreement Template - Two Parties |
£48.00 + VAT |
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Between two individuals who set up a limited company to run a new business in which each of them will have 50% of the shares.
The agreement contains 18 clauses covering such matters as the nature of the company's business, initial share capital, profits policy, details of initial directors, arrangements for meetings and day to day conduct, bank accounts, auditors etc. There are also provisions dealing with matters that require the consent of both parties, default and deadlock provisions if the two shareholders fall out. Useful as a basic document. Also see our Checklist for Shareholders Agreement in Miscellaneous Documents. For a three party form of shareholders agreement, see Document A166
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| A108 |
Heads of Agreement Template |
£33.00 + VAT |
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A three party agreement between three individuals proposing to set up a new company in which each of them will be a shareholder and a director. This is a summary document with 14 paragraphs over 4 pages setting out the initial agreement of the parties. It covers formation of a company, initial capital, profits policy, first directors, management, matters requiring unanimity, bankers, deadlock and non-competition. There is provision for a formal shareholders' agreement to be entered into later. |
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| A148 |
Partnership Agreement (2 partners) |
£48.00 + VAT |
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This partnership agreement is suitable either for the establishment of a new partnership or for formalising an existing partnership. It deals with partnership capital, profits and losses, drawings by partners, conduct of partnership business and decision-making including provisions relating to deadlock. There are 21 clauses, which cover such further matters as accounts, holidays, insurance, retirement and expulsion of partners, the consequences of termination and dissolution as well as restrictions on partners. |
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| A149 |
Partnership Agreement (3 partners) |
£50.00 + VAT |
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The Agreement is suitable either for the establishment of a new partnership or for formalising an existing partnership of three partners. It deals with partnership capital, profits and losses, drawings by partners, conduct of partnership business and decision-making. There are 24 clauses, which cover such further matters as accounts, holidays, insurance, retirement and expulsion of partners, the consequences of termination and dissolution as well as restrictions on partners. |
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| A152 |
Limited Liability Partnership Agreement |
£50.00 + VAT |
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This LLP Agreement is suitable for three (or more) individuals who wish to form a limited liability partnership in accordance with English law. It contains 25 Clauses dealing with such matters as the establishment of the business, capital, drawings and expenses, profits and losses, management, meetings and decision-making, good faith, accounts, retirement and restrictions on competition. |
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| A166 |
Shareholders Agreement - Three or More Parties |
£50.00 + VAT |
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This shareholders agreement is for use by three or more individuals as shareholders in a limited company. This comprehensive agreement sets out the rules for managing the company including such matters as the issue of capital, profits policy, conduct of the business, meetings and voting rights of directors and shareholders, bank accounts, auditors, transfers of shares, and what happens if there is a deadlock or dispute among the shareholders. It is suitable for use when setting up a new company or when the company is already in existence (alternative wording is provided for each situation). The agreement is designed for use in England and Wales and is governed by English law. |
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| A176SA |
South African Shareholders Agreement |
£50.00 + VAT |
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For use by individuals and/or companies that are shareholders in a limited company. This comprehensive agreement, governed by South African law, containing 24 separate clauses, sets out the shareholdings and responsibilities of each shareholder, the financing of the company, meetings and voting rights of directors and shareholders, matters requiring a specified majority vote, transfers of shares including pre-emption rights, restraint of trade and what happens if there is a dispute among the shareholders. While designed for use in South Africa most of this Agreement can be used in other countries. |
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| A188 |
Joint Venture Agreement |
£50.00 + VAT |
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This is a Joint Venture Agreement for two parties and it contemplates that they will collaborate with each other on a number of projects. It is assumed that both parties are limited companies. The agreement is comprehensive and contains 24 clauses dealing, among other things, with the management of the Joint Venture, decision making processes, funding and the liabilities and duties of the joint venture partners. |
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| A193 |
Deed of Adherence |
£15.00 + VAT |
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This Deed of Adherence is a short document designed for use where an individual becomes a shareholder in a company and is required to become a party to a shareholders' agreement that was entered into before he obtained his shares. |
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| A205 |
Syndicate Agreement for Ownership of a Glider |
£45.00 + VAT |
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This Agreement is designed for use by the joint owners of a glider or sailplane, who are already the owners or who intend to purchase one together to form a new syndicate. It deals with the terms of ownership and how the aircraft is to be operated. This agreement is for a situation when the glider is used for leisure, not for commercial purposes.
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| A206 |
Agreement for Joint Ownership of a Boat |
£45.00 + VAT |
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This Agreement is for joint owners of a boat who use it for leisure, and are already the owners, or who intend to purchase one together to form a new syndicate. It deals with the terms of ownership and how the boat is to be operated. This agreement is not suitable for a boat used for commercial purposes.
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| B148 |
Joint Venture Agreement |
£48.00 + VAT |
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This is a Joint Venture Agreement for two parties and it contemplates that they will collaborate with each other on a number of projects. The Agreement is suitable for a joint venture between two firms in the construction industry who want to bid for a series of contracts together. It is assumed that both parties are limited companies. The agreement is comprehensive and contains 24 clauses dealing, among other things, with the management of the Joint Venture, decision making processes, funding and the liabilities and duties of the joint venture partners. |
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