Shareholders Agreement For Private Limited Company Template for Nigeria

1. Anti-dilution Protection: Used when there are investors requiring protection against future dilution of their shareholding

2. Vesting Provisions: Included when shares are subject to vesting schedules, typically for founder or employee shareholders

3. Put and Call Options: When specific shareholders have rights to force purchase or sale of shares

4. Non-compete and Non-solicitation: Used when shareholders need to be restricted from competing activities

5. Intellectual Property Rights: Important when the company's IP is significant and needs specific protection

6. Employee Share Scheme: When the company has or plans to implement employee share ownership plans

7. Foreign Investment Provisions: Required when there are foreign shareholders to ensure compliance with NIPC Act

8. Reserved Matters: When certain decisions require special majority or unanimous approval

1. Schedule 1: Details of the Company: Company registration details, registered office, directors, and share capital structure

2. Schedule 2: Initial Shareholders: List of all shareholders with their shareholding details and contact information

3. Schedule 3: Deed of Adherence: Template for new shareholders to agree to be bound by the agreement

4. Schedule 4: Reserved Matters: Detailed list of decisions requiring special approval

5. Schedule 5: Business Plan: Initial business plan and strategy of the company

6. Schedule 6: Tag and Drag Procedures: Detailed procedures for implementing tag-along and drag-along rights

7. Schedule 7: Valuation Methods: Agreed methods for share valuation in various circumstances

8. Schedule 8: Company Policies: Key corporate policies referenced in the agreement