Share Ownership Agreement Template for South Africa

1. Tag-Along Rights: Used when minority shareholders should have the right to join in sale of shares by majority shareholders

2. Drag-Along Rights: Include when majority shareholders should be able to force minorities to join in sale of company

3. Put and Call Options: Include when specific shareholders should have rights to buy or sell shares at predetermined terms

4. B-BBEE Provisions: Required when agreement must address black economic empowerment requirements

5. Dividend Policy: Include when specific dividend distribution rules need to be established

6. Share Valuation Mechanism: Include when specific methods for valuing shares need to be established

7. Non-Compete Provisions: Used when shareholders should be restricted from competing activities

8. External Funding Obligations: Include when shareholders have obligations regarding company funding

1. Schedule 1: Share Capital Structure: Detailed breakdown of share classes, numbers, and shareholders

2. Schedule 2: Initial Shareholders and Shareholding: List of all shareholders and their initial shareholding percentages

3. Schedule 3: Share Transfer Form: Template form for executing share transfers

4. Schedule 4: Reserved Matters: List of decisions requiring special majority or unanimous approval

5. Schedule 5: Deed of Adherence: Template for new shareholders to join the agreement

6. Schedule 6: Company Business Plan: Initial or current business plan if referenced in agreement

7. Schedule 7: Valuation Methodology: Detailed methodology for share valuation if applicable

8. Schedule 8: Key Performance Indicators: KPIs if linked to shareholder rights or obligations