A shareholders’ agreement is, as you might expect, an agreement between the shareholders of a company. It can be between all or, in some cases, only some of the shareholders (like, for instance, the holders of a particular class of share). Its purpose is to protect the shareholders’ investment in the company, to establish a fair relationship between the shareholders and govern how the company is run. The agreement will: 1.set out the shareholders’ rights and obligations; regulate the sale of shares in the company; 2.describe how the company is going to be run; 3.provide an element of protection for minority shareholders and the company; and 4.define how important decisions are to be made.
EC and CC are the Encumbrance Certificate and Completion certificate.»Proceed