Document background
The Shareholder Exit Agreement is a crucial document used when a shareholder wishes to terminate their ownership interest in a company under Danish law. This agreement becomes necessary in various scenarios, including retirement, strategic divestment, dispute resolution, or when triggered by specific events outlined in the company's articles of association. The document serves as a comprehensive framework that ensures a structured and legally compliant exit process, protecting the interests of both the departing shareholder and the company. It must comply with Danish corporate legislation, particularly the Danish Companies Act (Selskabsloven), and includes essential elements such as share valuation methods, payment terms, warranties, and post-exit obligations. The agreement is particularly important for private companies where shares are not freely tradeable on public markets and requires careful consideration of Danish tax implications and corporate governance requirements.
