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Dec 18, 2020: 11:00 - 12:00
Shareholders Agreements, Control and Governance
CPD Information: 1 Substantive Hour for Lawyers
This program is hosted by Aird & Berlis LLP, Aird & McBurney LP, Fullbrook Board Effectiveness, Game Change, Generation Capital, Northland Wealth Management, Lansberg·Gersick & Associates, TD, Telos Group and 21st Avenue Partners.
If you’ve developed a good working relationship with your fellow shareholders or partners, feel you already have a good governance framework, and are able to make decisions about the enterprise effectively and collectively, why do you need a Shareholders’ Agreement? Together with your company’s Articles and By-laws, a Shareholders Agreement (or a partnership agreement if applicable) helps to form the ‘constitution’ for a private enterprise. Although you may not need to refer to it frequently, a Shareholders Agreement can set out the basis for how leaders of the enterprise are selected; how the enterprise may be financed; what decisions are made by management; a board and/or shareholders (or partners); what information is shared with whom and when; and how shareholders/partners deal with their ownership interests, among other things.
Join Randy Williamson as he discusses key issues to consider for a Shareholders Agreement, how they may be used and when, including an interactive session to help you consider them in your own enterprise.
For information regarding the Enterprising Families: Building a Lasting Legacy online series, please click here to contact the organizers.