Cook Illinois is a close corporation that offers shareholders' agreement with special allocation of dividends among its shareholders. As a close corporation, Cook Illinois is subject to different rules and regulations compared to publicly traded companies. The shareholders' agreement serves as a legally binding document that outlines the rights, responsibilities, and obligations of the shareholders in relation to the allocation of dividends. One type of Cook Illinois shareholders' agreement with special allocation of dividends among shareholders is the proportional allocation agreement. Under this agreement, dividends are distributed proportionally based on the shareholders' ownership percentage in the corporation. This means that shareholders with a higher ownership stake will receive a larger portion of the dividends compared to those with a lower stake. Another type of shareholders' agreement offered by Cook Illinois is the preferential allocation agreement. In this agreement, certain shareholders are given priority and are entitled to a predetermined percentage or fixed amount of the company's dividends. This type of agreement can be beneficial for shareholders who have contributed significantly to the corporation's growth or hold key positions within the company. Furthermore, Cook Illinois may also provide a variant of the shareholders' agreement known as the hurdle rate allocation agreement. Under this agreement, dividends are allocated based on a specific hurdle rate, which is a predetermined rate of return that the corporation aims to achieve. Shareholders who attain or surpass the hurdle rate are eligible for a special allocation of dividends, incentivizing them to contribute towards the company's overall success. It is important to note that the specific terms and conditions of Cook Illinois shareholders' agreements with special allocation of dividends may vary depending on individual circumstances and negotiations. The agreement may also outline other provisions related to voting rights, transfer of shares, management roles, and dispute resolution mechanisms to ensure smooth functioning and protect the rights of all shareholders. In summary, Cook Illinois offers different types of shareholders' agreements with special allocation of dividends among shareholders in its close corporation. These agreements may include proportional allocation, preferential allocation, and hurdle rate allocation. Such agreements play a crucial role in defining the distribution of dividends, outlining the rights and obligations of shareholders, and ensuring the overall stability and prosperity of the corporation.