Minority Protection Rights Shareholders Agreement Template for India

1. Tag-Along Rights: Rights of minority shareholders to join in sale of shares by majority shareholders - relevant for larger minority stakes

2. Drag-Along Rights: Rights of majority shareholders to force minority shareholders to join in sale - include if majority shareholders require exit flexibility

3. Put Option: Right of minority shareholders to sell shares at predetermined terms - relevant for sophisticated investors

4. Call Option: Right of company/majority shareholders to buy minority shares - include if exit mechanism desired

5. IPO Rights: Rights regarding public listing of company - relevant if IPO is contemplated

6. Industry-Specific Provisions: Specific provisions related to regulated industries or special business requirements

7. Non-Compete and Non-Solicit: Restrictions on competitive activities - relevant if shareholders are involved in business operations

8. Dividend Policy: Specific arrangements for dividend distribution - relevant if regular dividend payments are expected

1. Schedule 1 - Details of the Company: Company information including registration details, share capital structure, and existing shareholders

2. Schedule 2 - Reserved Matters List: Detailed list of matters requiring special approval

3. Schedule 3 - Initial Business Plan: Company's business plan and strategic objectives

4. Schedule 4 - Deed of Adherence: Template for new shareholders to join the agreement

5. Schedule 5 - Share Transfer Procedures: Detailed procedures for share transfers and valuation mechanisms

6. Schedule 6 - Board Committees: Structure and terms of reference for board committees

7. Schedule 7 - Information Rights: Detailed list of information and reports to be provided to minority shareholders

8. Appendix A - Initial Directors: List of initial board members and their details

9. Appendix B - Competitors List: List of identified competitors if non-compete provisions are included