Shareholder Agreement Lawyers
If your business has more than one shareholder, or plans to have more than one, an explicit, well-drafted shareholder agreement is essential. A shareholder agreement outlines how decisions are made, how shares are managed, and what happens if disagreements arise or someone exits the business.
At Spraggs Law in Coquitlam, we assist small and medium-sized businesses across British Columbia in creating shareholder agreements that minimize risk and safeguard every party’s investment. Whether you’re launching a new company or formalizing relationships in an existing one, we guide you through the process with clarity and foresight.
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Shareholder Agreements: What You Need to Know
A shareholder agreement is a legally binding contract between a corporation’s shareholders. It supplements the company’s articles of incorporation and sets out rules for:
- Ownership rights and responsibilities
- Voting and decision-making procedures
- Share transfers and buy-sell provisions
- Exit strategies and dispute resolution
- Roles of founders, directors, and investors
Without a shareholder agreement, even minor disagreements can escalate into costly disputes. A well-drafted agreement protects both the business and the interests of each shareholder.
When Should You Create a Shareholder Agreement?
Ideally, shareholder agreements should be created early — when the business is first incorporated or when new investors join. But it’s never too late to formalize expectations and avoid misunderstandings. Spraggs Law can review your current structure and help you put the right agreement in place at any stage of your business.
How Spraggs Law Can Help
We work with BC business owners to draft and negotiate shareholder agreements that are practical, enforceable, and tailored to your business goals.
Our services include:
- Coordinating with accountants or tax advisors when needed
- Drafting new shareholder agreements
- Reviewing and updating existing agreements
- Advising on conflict resolution and exit planning
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Why Work With Spraggs Law?
Shareholder relationships are the foundation of your company’s future. Our team helps protect those relationships and your business by creating agreements that anticipate challenges and reduce legal risk.
Located in Coquitlam, Spraggs Law supports businesses throughout British Columbia with practical, business-focused legal solutions.
If you have a question about shareholder agreements, Spraggs can help. Contact us now to explore your business’s options.
