Shareholder Agreement California

A debt registration fee allows shareholders to compel the company to file a declaration of registration of its benefits. A loon registration fee allows shareholders to register the sale of their own shares at the same time as those offered by the company when the company files a registration statement for its own purposes. Loon rights must take effect when a shareholder wishes to sell shares to a third party. Other shareholders can use the piggyback right to block the sale until the third party offers them the same price and conditions for their shares. Above all, it is a question of protecting the interests of minority shareholders. In the absence of a written agreement to buy and sell shareholders with provisions to the contrary, California law provides that the heirs of the deceased shareholder shall replace that shareholder.