This template of for a list of reserved matters for a shareholders' agreement
This template is for reserved matters to be included in a joint venture shareholders' agreement. Reserved matters are specific decisions or actions that require the consent of all shareholders or a specified majority before they can be taken. The purpose of reserved matters is to protect the interests of minority shareholders, balance power and influence between majority and minority shareholders, safeguard fundamental changes to the joint venture or company, ensure transparency and accountability, mitigate risk, and provide legal protection. The document provides a list of potential reserved matters that can be included in the agreement, such as changing the company's name, altering the articles of association, issuing debentures or securities, acquiring new capital assets, declaring dividends, and entering into significant contracts. Overall, reserved matters play a crucial role in promoting fairness, equity, and effective governance in joint ventures and corporate settings.
It is important to note that this document is a template and should be customised to fit the specific needs and circumstances of the parties.
Related documents:
Joint Venture Shareholders' Agreement (deadlock)
Shareholders' Agreement (individuals) Template
Articles of Association (50:50) JV Company Template