Shareholders Agreement Contract Template for Nigeria

1. Pre-emptive Rights: Used when shareholders want the right to maintain their percentage ownership in future share issues

2. Anti-dilution Protection: Include when there are institutional investors requiring protection against future down-rounds

3. Intellectual Property Rights: Essential for technology companies or where IP is a significant asset

4. Non-compete and Non-solicitation: Include when shareholders are involved in business operations or have access to sensitive information

5. Exit Strategy: Important for venture capital or private equity investors, detailing IPO or sale procedures

6. Put and Call Options: Include when shareholders want specific rights to sell or buy shares under certain conditions

7. Employee Share Scheme: Necessary when the company plans to implement employee share ownership programs

8. Corporate Social Responsibility: Include for companies with specific environmental or social commitments

1. Share Capital and Shareholding Details: Detailed breakdown of share classes, numbers, and ownership percentages

2. Company Information: Details of company registration, directors, and registered office

3. Reserved Matters List: Comprehensive list of decisions requiring special approval

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

5. Board Procedures: Detailed procedures for board meetings and decision-making

6. Business Plan: Initial business plan and procedures for future updates

7. Tag and Drag Along Procedures: Detailed procedures for implementing tag-along and drag-along rights

8. Dividend Policy Details: Specific formulas and procedures for dividend calculations and distributions