Shareholder Exit Agreement Generator for the USA

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Shareholder Exit Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Shareholder Exit Agreement

"I need a Shareholder Exit Agreement for a minority shareholder leaving our tech startup, selling 15% shareholding to existing shareholders, with strict non-compete provisions and payment in installments over 12 months starting March 2025."

Document background
A Shareholder Exit Agreement becomes necessary when a shareholder wishes to leave a company or is required to exit under specific circumstances. This document, governed by English and Welsh law, sets out the comprehensive framework for the departure, including share valuation methods, payment structures, and any post-exit obligations. The agreement is crucial for maintaining business continuity and preventing potential disputes. It typically includes provisions for confidentiality, non-competition, and the protection of company interests, while ensuring fair treatment of the departing shareholder.
Suggested Sections

1. Parties: Identification of all parties to the agreement including the exiting shareholder(s) and remaining shareholders

2. Background: Context of the exit, including current shareholding structure and reason for exit

3. Definitions: Key terms used throughout the agreement

4. Share Transfer Terms: Details of shares being transferred, price, and payment terms

5. Completion Mechanics: Process and timeline for completing the exit

6. Warranties and Representations: Standard warranties regarding share ownership and authority to sell

Optional Sections

1. Non-Compete Provisions: Restrictions on future competitive activities, used when protecting business interests from exiting shareholder with significant knowledge

2. Good Leaver/Bad Leaver Provisions: Different treatment based on circumstances of exit, applicable when shareholder is also an employee

3. Continuing Obligations: Ongoing responsibilities post-exit, used when there are lasting commitments or liabilities

Suggested Schedules

1. Share Transfer Form: Standard form for executing the transfer

2. Valuation Report: Independent valuation of shares (if applicable)

3. Resignation Letters: Template letters for resignation from directorship or other positions

4. Tax Clearances: Required tax clearances or confirmations from relevant authorities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

Companies Act 2006: Primary legislation governing company operations, including share transfers, directors' duties, shareholder rights and remedies, and share capital provisions

Financial Services and Markets Act 2000: Regulates share transfers in regulated sectors and entities, particularly relevant if the company operates in regulated industries

Small Business, Enterprise and Employment Act 2015: Contains requirements regarding transparency of ownership and corporate governance

Capital Gains Tax Act 1992: Governs tax implications of share transfers, including available reliefs and exemptions for shareholders selling their shares

Income Tax Act 2007: Determines the tax treatment of payments related to share sales and associated income

Employment Rights Act 1996: Relevant when the exiting shareholder is also an employee, particularly for good leaver/bad leaver provisions

Competition Act 1998: Considerations for share transfers that might affect market competition or require regulatory approval

Contracts (Rights of Third Parties) Act 1999: Governs how third-party rights may be affected by or incorporated into the exit agreement

Common Law Precedents: Relevant case law on shareholder rights, valuation disputes, and fiduciary duties that impact exit agreements

Company Constitutional Documents: Articles of Association, existing Shareholders' Agreement, pre-emption rights, and tag-along/drag-along provisions that must be considered

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Work For Hire Release

find out more

Work For Hire Agreement Music Producer

find out more

Work Experience Request Letter

find out more

Work Contracts For Independent Contractors

find out more

Work Authorisation Letter

find out more

Wholesale Contract

find out more

White Label Software Licence Agreement

find out more

White Label Software Agreement

find out more

Weekly Rental Agreement

find out more

Weekend Custody Agreement

find out more

Wedding Photography Non Disclosure Agreement

find out more

Web Developer Contract

find out more

Waxing Liability Waiver

find out more

Warning Letter For Disciplinary Action

find out more

Warning Letter Before Termination

find out more

Waiver Of Subrogation General Liability Form

find out more

Waiver Of Responsibility For Injury

find out more

Waiver Of Lien To Date Form

find out more

Waiver Of Lien To Date And Contractor's Affidavit

find out more

Waiver Of Lien To Date

find out more

Waiver Of Liability Statement

find out more

Waiver Of Liability Release Form

find out more

Waiver Of Liability For Sports Activity

find out more

Waiver For Outdoor Activities

find out more

Waiver For Dirt Bike Riding

find out more

Waiver And Hold Harmless Agreement

find out more

Vulnerability Assessment Policy

find out more

Volunteer Release And Waiver Of Liability Form

find out more

Volunteer Offer Letter

find out more

Volunteer Experience Letter

find out more

Volunteer Driver Waiver

find out more

Volunteer Application Letter

find out more

Voluntary Retirement Letter

find out more

Voluntary Redundancy Settlement Agreement

find out more

Voluntary Payment Agreement

find out more

Visa Consent Letter For Minors

find out more

Visa Consent Form

find out more

Virtual Power Purchase Agreement

find out more

Video Shoot Contract

find out more

Video Rights Agreement

find out more

Video Licensing Agreement

find out more

Video Consent And Release Form

find out more

Vessel Purchase And Sale Agreement

find out more

Vessel Management Agreement

find out more

Verification Of Work Experience Letter

find out more

Venue Licence Agreement

find out more

Venue Cancellation Letter

find out more

Venue Booking Contract

find out more

Venture Partner Agreement

find out more

Venture Capital Agreement

find out more

Vendor Termination Letter

find out more

Vendor Space Rental Agreement

find out more

Vendor Partner Agreement

find out more

Vendor Non Disclosure Agreement

find out more

Vendor Lien Waiver And Release

find out more

Vendor Lien Waiver

find out more

Vendor Lien Release Form

find out more

Vendor Hold Harmless Agreement

find out more

Vendor Direct Deposit Form

find out more

Vendor Contract Termination Letter

find out more

Vendor Confirmation Letter

find out more

Vendor Appraisal Form

find out more

Vehicle Transfer Of Ownership Agreement

find out more

Vehicle Service Contract Cancellation Letter

find out more

Youth Sports Liability Waiver

find out more

Youth Employment Certificate

find out more

Year End Appraisal

find out more

Written Warning Letter For Disrespectful Behavior

find out more

Written Notice To Vacate Apartment

find out more

Written Notice To Move Out

find out more

Written Notice Of Lease Termination

find out more

Written Agreement To Pay Back Money

find out more

Workplace Separation Certificate

find out more

Working Certificate

find out more

Worker Contract

find out more

Work Testimonial Letter

find out more

Work Settlement Agreement

find out more

Work Separation Certificate

find out more

Work Separation Agreement

find out more

Work Reference Letter For Masters

find out more

Work Letter From Employer

find out more

Work From Home Offer Letter

find out more

Work From Home Job Offer Letter

find out more

Work From Home Confirmation Letter

find out more

Work From Home Agreement

find out more

Vehicle Sale Deed Agreement

find out more

Vehicle Sale Agreement With Payments

find out more

Vehicle Release Form Towing

find out more

Vehicle Release Authorisation Form

find out more

Vehicle Property Release Form

find out more

Vehicle Permit Renewal Form

find out more

Vehicle Payment Plan Agreement

find out more

Vehicle Offer And Sale Agreement

find out more

Vehicle Lease Termination Agreement

find out more

Vehicle Finance Contract

find out more

Vehicle Damage Waiver Form

find out more

Vehicle Complaint Letter

find out more

Vehicle Authorisation Letter

find out more

Vacation Rental Contract

find out more

Vacation Home Partnership Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.