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shareholder (or partner) agreement

A contract among owners on control, employment, distributions, transfer restrictions and exit (buy-sell), used to protect minority owners in closely held businesses.

In SpanishEn español

convenio de accionistas o de socios

Pacto sobre control, empleo, dividendos, restricciones a la transmisión y salida (compraventa forzosa). Protege al minoritario de una sociedad cerrada. Reconocido en México desde la reforma de 2014 (LGSM art. 198).

ExamplesEjemplos

  • A buy-sell clause fixed the price if a partner left the restaurant. Una cláusula de compraventa fijó el precio si un socio dejaba el restaurante.

AuthorityFuente: Triggs v. Triggs

RelatedRelacionados: shareholder oppression, preemptive rights

Cases: Ritchie v. Rupe, Triggs v. Triggs

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