51Ƶ

LLC Shareholder Agreement Template for England and Wales

A Shareholders' Agreement is a legally binding contract between the shareholders of a limited liability company in England and Wales. It establishes the rights, obligations, and relationships between shareholders, regulating aspects such as share transfers, decision-making processes, dispute resolution, and exit mechanisms. The agreement complements the company's articles of association and provides additional protection for shareholders' interests while ensuring smooth company operation under English law.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a LLC Shareholder Agreement?

An LLC Shareholders' Agreement is essential when establishing or formalizing relationships between shareholders in a limited liability company under English and Welsh law. This document becomes particularly important when multiple shareholders are involved, or when specific arrangements regarding company management, share transfers, or decision-making processes need to be established. The agreement typically includes provisions for share dealings, voting rights, dividend policies, and exit strategies, providing clarity and protection for all parties involved while ensuring compliance with UK company law.

What sections should be included in a LLC Shareholder Agreement?

1. Parties: Identification and details of all shareholders and the company

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Share Capital and Shareholders: Details of shareholding structure and classes of shares

5. Management and Decision Making: Governance structure and decision-making processes

6. Transfer of Shares: Rules and restrictions on share transfers

7. Dividend Policy: Agreement on distribution of profits

8. Confidentiality: Provisions protecting company information

What sections are optional to include in a LLC Shareholder Agreement?

1. Tag Along Rights: Minority shareholder protection provisions allowing them to join in sale of shares on same terms as majority shareholders

2. Drag Along Rights: Majority shareholder rights to force minority shareholders to join in sale of shares

3. Non-Compete Provisions: Restrictions on competitive activities by shareholders during and after their involvement

4. Good/Bad Leaver Provisions: Provisions determining share treatment when shareholders exit the company under different circumstances

What schedules should be included in a LLC Shareholder Agreement?

1. Schedule 1: Details of the Company: Company registration details, share capital structure and other corporate information

2. Schedule 2: Initial Shareholders: List of shareholders and their initial shareholdings including share classes

3. Schedule 3: Reserved Matters: List of decisions requiring special majority or unanimous approval

4. Schedule 4: Share Valuation Methodology: Agreed method for valuing shares in transfer or exit scenarios

5. Appendix A: Form of Deed of Adherence: Template document for new shareholders to sign when joining the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Operating Agreement

Sector

Sales

Cost

Free to use

Find the exact document you need

Standard LLC Agreement

An England & Wales legal document outlining the operational framework for a limited liability company.

Download

Small Business Operating Agreement

An England & Wales legal document outlining governance and member roles for multi-owner small businesses.

Download

Simple Operating Agreement For Two Member LLC

An England & Wales agreement defining rights and obligations for two-member LLCs, ensuring operational flexibility.

Download

Simple Operating Agreement

An England & Wales legal document outlining business ownership, management, and profit distribution for SMEs.

Download

Restaurant Operating Agreement

An England & Wales agreement governing restaurant operations, covering standards, compliance, financials, and risk management.

Download

Real Estate Partnership Operating Agreement

An England & Wales legal document structuring joint real estate investments, defining contributions, profits, and management rights.

Download

Professional LLC Operating Agreement

An England & Wales LLP agreement detailing governance and compliance for professional services firms.

Download

Professional Limited Liability Company Operating Agreement

An England & Wales legal document outlining LLP governance for professional service providers.

Download

Photography LLC Operating Agreement

An England & Wales legal document outlining operational guidelines for a photography business LLC.

Download

Operating Service Agreement

An England & Wales contract outlining service standards and obligations for long-term operational relationships.

Download

Operating Agreement Llp

An England & Wales agreement outlining LLP member roles, capital contributions, and dispute resolution procedures.

Download

Operating Agreement For Trucking Company

An England & Wales legal document outlining roles and compliance for a multi-party trucking business.

Download

Operating Agreement For Non Profit Corporation

An England & Wales legal document outlining governance and compliance for non-profit organizations.

Download

Operating Agreement For Incorporation

An England & Wales legal document outlining company management, ownership, and governance under the Companies Act 2006.

Download

Operating Agreement For Corporation

An England & Wales document outlining corporate governance and shareholder-director relationships for a corporation.

Download

Operating Agreement Between Partners

An England & Wales legal document outlining partnership roles, responsibilities, and protocols to prevent business disputes.

Download

Nonprofit LLC Operating Agreement

An England & Wales legal document outlining governance for a nonprofit structured as a Company Limited by Guarantee.

Download

Non Profit Operating Agreement

An England & Wales legal document outlining governance for non-profit operations under Companies and Charities Acts.

Download

Multi Member Managed LLC Operating Agreement

An England & Wales agreement outlining governance and member rights for a multi-member limited liability business structure.

Download

Multi Member LLC Agreement

An England & Wales agreement outlining terms for multi-member business ventures with limited liability protection.

Download

Members Agreement For LLC

An England & Wales legal document outlining LLC member roles, contributions, and dispute resolution procedures.

Download

Management Agreement Between Two Companies

An England & Wales agreement outlining management services between two companies, detailing service terms and financial arrangements.

Download

LLC Profit Interest Agreement

An England & Wales agreement granting profit interests in an LLC to incentivize key individuals or entities.

Download

LLC Operating Agreement For Shared Vacation Home

An agreement for shared ownership and management of a vacation home in England & Wales.

Download

LLC Membership Admission Agreement

An England & Wales agreement for admitting new LLC members, detailing rights, obligations, and compliance requirements.

Download

LLC Member Control Agreement

An England & Wales agreement outlining internal operations and member relationships for limited liability entities.

Download

LLC Equity Agreement

An England & Wales agreement detailing ownership and governance structures within a limited liability company.

Download

LLC Bylaws

An England & Wales legal document outlining governance and operational guidelines for a private limited company.

Download

Limited Liability Agreement

An England & Wales legal document outlining liability protection and operational rules for business owners.

Download

Limited Company Agreement

An England & Wales legal document outlining company shareholding, management, and compliance with the Companies Act 2006.

Download

Joint Operation Contract

An England & Wales contract outlining collaboration terms for joint business operations while maintaining separate legal identities.

Download

Joint Operation Agreement

An England & Wales legal document outlining collaborative operational terms between separate legal entities.

Download

Joint Operating Agreement

An England & Wales agreement managing multi-party ventures, defining roles, voting, and risk-sharing in capital-intensive sectors.

Download

Investment Fund Operating Agreement

An England & Wales legal document governing investment fund operations, ensuring compliance and protecting managers' and investors' interests.

Download

Independent Contractor Operating Agreement

An England & Wales legal document defining terms for engaging external service providers, ensuring compliance with IR35.

Download

Holding Company Operating Agreement

An England & Wales legal document outlining governance and management of a corporate group's holding company and subsidiaries.

Download

Hedge Fund LLC Operating Agreement

An England & Wales legal document outlining the operational framework and compliance for a hedge fund's management and investors.

Download

General Partnership Operating Agreement

An England & Wales legal document outlining partner roles and liabilities in a general business partnership.

Download

Guaranteed Payments LLC Operating Agreement

An England & Wales agreement establishing fixed payments to LLC members, ensuring consistent compensation and tax efficiency.

Download

Farm LLC Operating Agreement

An England & Wales document denying customer claims, detailing reasons, policy references, and appeal options.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it