Clausehound Playbook - How to Draft a Shareholders Agreement

1 - Understand what a shareholders agreement entails

• Overview of Shareholders Agreements

2 - Learn more about shareholders agreements

• Article 1 - What Rights Attach to Your Shares?
• Article 2 - Legal Tips and Tricks: “Shotgun Clause”
• Article 3 - Role of the Board of Directors: To Protect the Investors

3 - Fill out this checklist to understand your agreement goals

• Checklist

4 - Read this sample agreement

• Shareholders Agreement

5 - Map your checklist to the agreement

• How to map (which clauses map to which sections of the agreement)

6 - Have your agreement reviewed by a lawyer

• How to ask for a lawyer

7 - Edit and finalize first draft

• Tips of what to look out for

8 - Prepare a high-level list of what’s included

• See example of list of terms

9 - Send to counterparty with email attached

• Read this sample email to send to your counterparty