Pima Arizona Acuerdo de Accionistas entre Dos Accionistas de una Sociedad Anónima Cerrada con Disposiciones de Compra-Venta - Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions

• Category: Sociedades Anónimas - Acciones - Acuerdos Restrictivos - Alabama
• State: Multi-State
• County: Pima
• Control #: US-02569BG
• Format: Word

Description

A corporation whose shares are held by a single shareholder or a closely-knit group of shareholders (such as a family) is known as a close corporation. The shares of stock are not traded publicly. Many of these types of corporations are small firms that in the past would have been operated as a sole proprietorship or partnership, but have been incorporated in order to obtain the advantages of limited liability or a tax benefit or both. A buy-sell agreement is an agreement between the owners (shareholders) of a firm, defining their mutual obligations, privileges, protections, and rights. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction. Lima, Arizona Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions A Lima, Arizona Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions is a legally binding document that outlines the rights and responsibilities of shareholders in a closely held corporation located in Lima, Arizona. This agreement is crucial for establishing clear guidelines and procedures for managing the corporation and addressing issues related to shareholder ownership and potential transfers of shares. The main objective of this agreement is to protect the interests of the shareholders and ensure the smooth operation of the corporation. It provides a framework for decision-making, dispute resolution, and the potential sale or transfer of shares between the two shareholders. The buy-sell provisions within this agreement are essential for the eventuality of a shareholder wanting to sell their shares or in the case of unforeseen circumstances such as death, disability, retirement, or disagreement between the shareholders. By including buy-sell provisions, the agreement defines a predetermined process for the purchase and sale of shares, ensuring fairness and certainty for both parties involved. Common types of Lima, Arizona Shareholders' Agreements between Two Shareholders of Closely Held Corporation with Buy Sell Provisions include: 1. Cross-Purchase Agreement: In this type of agreement, each shareholder has the right or obligation to purchase the shares of the other shareholder in the event of a triggering event. This arrangement allows shareholders to maintain control and ownership within the existing shareholder base. 2. Redemption Agreement: Under this agreement, the corporation itself has the obligation to repurchase the shares of a shareholder in the event of a triggering event. The corporation may use its funds or borrow money to finance the repurchase. This type of agreement is advantageous when there are multiple shareholders in the corporation. 3. Hybrid Agreement: A hybrid agreement combines elements of both the cross-purchase and redemption agreements. In this scenario, certain triggering events may result in the corporation having the option to repurchase the shares, while other events may require a shareholder to purchase the shares of the other shareholder. These agreements typically include detailed provisions such as the purchase price for the shares, the method of valuation, the triggering events, the timeline for exercising rights, and the obligations of both parties in the buy-sell process. It is essential that these provisions reflect the specific needs and circumstances of the shareholders and the closely held corporation. In conclusion, a Lima, Arizona Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions is a crucial legal document that provides a roadmap for managing the relationship between shareholders in a closely held corporation. By incorporating buy-sell provisions, the agreement ensures a fair and orderly process for potential share transfers, guaranteeing the continued stability and success of the corporation.

Lima, Arizona Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions A Lima, Arizona Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions is a legally binding document that outlines the rights and responsibilities of shareholders in a closely held corporation located in Lima, Arizona. This agreement is crucial for establishing clear guidelines and procedures for managing the corporation and addressing issues related to shareholder ownership and potential transfers of shares. The main objective of this agreement is to protect the interests of the shareholders and ensure the smooth operation of the corporation. It provides a framework for decision-making, dispute resolution, and the potential sale or transfer of shares between the two shareholders. The buy-sell provisions within this agreement are essential for the eventuality of a shareholder wanting to sell their shares or in the case of unforeseen circumstances such as death, disability, retirement, or disagreement between the shareholders. By including buy-sell provisions, the agreement defines a predetermined process for the purchase and sale of shares, ensuring fairness and certainty for both parties involved. Common types of Lima, Arizona Shareholders' Agreements between Two Shareholders of Closely Held Corporation with Buy Sell Provisions include: 1. Cross-Purchase Agreement: In this type of agreement, each shareholder has the right or obligation to purchase the shares of the other shareholder in the event of a triggering event. This arrangement allows shareholders to maintain control and ownership within the existing shareholder base. 2. Redemption Agreement: Under this agreement, the corporation itself has the obligation to repurchase the shares of a shareholder in the event of a triggering event. The corporation may use its funds or borrow money to finance the repurchase. This type of agreement is advantageous when there are multiple shareholders in the corporation. 3. Hybrid Agreement: A hybrid agreement combines elements of both the cross-purchase and redemption agreements. In this scenario, certain triggering events may result in the corporation having the option to repurchase the shares, while other events may require a shareholder to purchase the shares of the other shareholder. These agreements typically include detailed provisions such as the purchase price for the shares, the method of valuation, the triggering events, the timeline for exercising rights, and the obligations of both parties in the buy-sell process. It is essential that these provisions reflect the specific needs and circumstances of the shareholders and the closely held corporation. In conclusion, a Lima, Arizona Shareholders' Agreement between Two Shareholders of Closely Held Corporation with Buy Sell Provisions is a crucial legal document that provides a roadmap for managing the relationship between shareholders in a closely held corporation. By incorporating buy-sell provisions, the agreement ensures a fair and orderly process for potential share transfers, guaranteeing the continued stability and success of the corporation.

Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.