Document background
The Unanimous Shareholder Agreement is a crucial document used when all shareholders of a company wish to establish clear, binding arrangements regarding company governance, management, and shareholder rights. This agreement is particularly relevant for private companies in Australia where shareholders want to establish more detailed governance arrangements than those provided by the company constitution alone. The document addresses key aspects such as share transfers, decision-making processes, dividend policies, and dispute resolution mechanisms, all while ensuring compliance with Australian corporate law. It's especially important for companies with multiple shareholders, venture capital investments, or family-owned businesses where clear governance structures are essential.
