Connecticut Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement

State:
Connecticut
Control #:
CT-00INCA
Format:
Word; 
Rich Text
Instant download

Description

This package of forms contains a pre-incorporation agreement for the formers of a corporation to sign agreeing on how the corporate will be operated, who will be elected as officers and directors, salaries and many other corporate matters.


The Shareholders Agreement is signed by the shareholders to agree on how the shares of a deceased shareholder may be purchased and how shares of a person who desires to sell their stock may be obtained by the other shareholders or the corporation. Restrictions on the Sale of stock are included to accomplish the goals of the shareholders to keep the corporation under the control of the existing shareholders.


The Confidentiality Agreement is made between the shareholders wherein they agree to keep confidential certain corporate matters.

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FAQ

The vote on the Connecticut Compromise on July 16 left the Senate looking like the Confederation Congress. In the preceding weeks of debate, James Madison of Virginia, Rufus King of New York, and Gouverneur Morris of Pennsylvania each vigorously opposed the compromise for this reason.

The compromise provided for a bicameral federal legislature that used a dual system of representation: the upper house would have equal representation from each state, while the lower house would have proportional representation based on a state's population.

The Great Compromise ensured the continuance of the Constitutional Convention.The Great Compromise created two legislative bodies in Congress. How does the great compromise work? Those who were primarily responsible for the Great Compromise were two delegates from Connecticut, Roger Sherman and Oliver Ellsworth.

It was important because it created a two-chamber legislature, with proportional representation in the House and equal representation for all states in the Senate.

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Connecticut Pre-Incorporation Agreement, Shareholders Agreement and Confidentiality Agreement