Arm-to-arm tactics are more common when shareholders are already struggling to get along and they may not get along as well as they did at the beginning. This can be a serious problem for all parties, but if there is no agreement at first, there is little that can be done when things get bad. As a direct link between the shareholders and directors of the company, this agreement provides information on the expectations of all parties. Legal problems can result from misunderstandings and this document reduces the level of misunderstandings, which reduces the risk of lawsuits and related difficulties. A shareholders` agreement – or shareholders` agreement – is an agreement or contract describing how the company is to manage. It also lists the rights and obligations of shareholders. You can use Contractbook`s free template to manage the entire contract lifecycle. A draft shareholders` agreement contains important, practical and specific rules directly related to the company and its shareholders. The development of such a document is very beneficial for all types of shareholders. Let`s take a look at the importance of this document: 16.2 Disputes between the parties, owners and /or the company within the framework of the shareholders` agreement or other agreements between the parties, owners and/or the company will be resolved through reciprocal negotiations. (a) The founders agree that, as long as they are employed by the company, they devote their full time and attention to the company and enter into a management contract with the company. This agreement will be cancelled by ___ Otherwise, the estate of the deceased may offer the shares under this agreement. Companies will usually want to enter into a shareholders` agreement.