Shareholder Agreement
A shareholder agreement is a contract among a corporation's shareholders governing ownership transfers, governance, and economic rights beyond the certificate of incorporation. Use this alongside bylaws for a closely held corporation to restrict share transfers and define buyout formulas. It often covers founder departures and non-compete bounds.
What's included
A ready-to-use shareholder agreement covering share ownership and capital contributions, transfer restrictions and rofr/co-sale, tag-along and drag-along rights, with signature fields already placed for Shareholder A and Shareholder B. Fill in the bracketed details (like [Company Name] or [Date]) using Docracy's built-in text editor, then send it out for signature.
This is a general template for informational purposes only and does not constitute legal advice. Consult a qualified attorney to review it for your specific situation and jurisdiction before use.
Key clauses
- Share ownership and capital contributions
- Transfer restrictions and ROFR/co-sale
- Tag-along and drag-along rights
- Board appointment and deadlock breakers
- Dividend policy and distributions
- Non-compete and confidentiality among holders
What you'll fill in
[Company Name][Shareholder A][Shareholder B][Share Counts/Percentages][ROFR Period Days][Drag-Along Threshold %][Governing Law State]Legal summary
Shareholders contract around default corporate law; buyout triggers activate formulas on death, termination, or voluntary sale. Unapproved transfers may be void against the company.
Free for up to 2 signers, no account required. Need unlimited? Flat $10/month.
FAQ
Is this Shareholder Agreement legally binding?
Signing through Docracy uses a simple electronic signature (SES), which is legally recognized for everyday business agreements under laws like the U.S. ESIGN Act and the EU's eIDAS regulation. This is a general template, not legal advice — for high-stakes or regulated agreements, have a qualified attorney review it for your situation.
Who needs to sign this Shareholder Agreement?
This template includes signature fields for Shareholder A and Shareholder B — already placed — plus 7 placeholder fields to fill in before you send it.
Can I edit this Shareholder Agreement before sending it?
Yes — Docracy's editor lets you edit the text, add or remove signature fields, redact sections, and reorder pages before you send it.
Do I need an account to send this Shareholder Agreement?
No — it's free for up to 2 signers with no account required. Create a free account only if you want to save it to a dashboard or reuse it later.
Try it with an AI assistant
Paste one of these into ChatGPT, Claude, or your assistant of choice:
“Fill for 3-founder C-corp with 30-day ROFR on any transfer.”
“Add shotgun clause for 50/50 deadlock.”
“Align drag-along at 66% holder approval.”
Why teams start with Docracy
“Docracy is a great product that I have tested and am using. It is easy to use, has good tools, is always up to date, and implements new features. Highly recommended.”— DACH Advisory
Free for up to 2 signers, no account required. Need unlimited? Flat $10/month.