{"id":3205,"date":"2023-06-15T09:29:46","date_gmt":"2023-06-15T08:29:46","guid":{"rendered":"https:\/\/spee-advocaten.nl\/?p=3205"},"modified":"2023-09-21T21:27:13","modified_gmt":"2023-09-21T20:27:13","slug":"de-aandeelhoudersovereenkomst-in-voor-en-tegenspoed","status":"publish","type":"post","link":"https:\/\/spee-advocaten.nl\/en\/de-aandeelhoudersovereenkomst-in-voor-en-tegenspoed\/","title":{"rendered":"The shareholders' agreement: for better or worse"},"content":{"rendered":"<p>Establishing a private limited company (in Dutch: \u2018besloten vennootschap\u2019 or BV) together is often a special and festive moment. Upon incorporation at the notary's table, the champagne can be uncorked: the BV sees the light of day! This is actually the corporate law version of a marriage: you enter into an adventure together and hope to enjoy it for a long time. Of course, that\u2019s what we hope as well. But what if the cooperation between the shareholders turns out not to be a \"match made in heaven\" after all?<\/p>\n<p>At that moment, it often turns out that the document drawn up at the notary - the articles of association - does not give sufficient clarity to be able to come to a good conclusion together. Therefore, if we could give one tip to entrepreneurs, it would be this: when starting the company, always have a shareholders' agreement drawn up. In good times, this is a living document, with clear agreements. And in times of trouble, this agreement provides a starting point for how to proceed, and how to end the 'marriage' quickly and correctly. As such, the shareholders' agreement can actually be compared to a prenuptial agreement.<\/p>\n<p>Even if you have been a co-shareholder of a BV for some time and things are going well, it is still a good idea to have a shareholders' agreement drawn up. Every cooperation comes to an end sooner or later, and when that end is in sight, relations tend to become strained. Unfortunate and unnecessary.<\/p>\n<p>What does a shareholder agreement actually contain? You can think about the following topics:<\/p>\n<ul>\n<li>Mandatory offer of shares: when must a shareholder offer his shares for sale to the other shareholders? And what price will the offeror get for his shares?<\/li>\n<li class=\"translation-block\">Drag along and tag along arrangement: does a shareholder have an obligation to co-sell (drag along) or a right to co-sell (tag along), if a third party makes an attractive offer for the shares of another existing shareholder?<\/li>\n<li>Decision-making: are there certain matters on which shareholders want to decide with a weighted majority? Or are there decisions that shareholders need to approve before the board can take them?<\/li>\n<li>Arrangements on drawing up and implementing the business plan;<\/li>\n<li>Agreements on financing the BV: who will provide new capital, should it be needed? Should shareholders provide loans?<\/li>\n<li>Dividend policy: what requirements must be met to distribute profits?<\/li>\n<li>Relationship and competition clauses for shareholders: who, what and for how long?<\/li>\n<li>Agreements on entry of new shareholders;<\/li>\n<li>Confidentiality clause;<\/li>\n<li>Penalty clause;<\/li>\n<li>Dispute resolution;<\/li>\n<\/ul>\n<p><span style=\"color: #ffffff;\">.<\/span><br \/>\nDon't have a shareholders' agreement yet? Or are you wondering whether the existing shareholders' agreement could use a refresh? Our corporate lawyers will be happy to look at it with you. For a 'happily ever after'.<\/p>","protected":false},"excerpt":{"rendered":"<p>Het samen oprichten van een BV is vaak een bijzonder en feestelijk moment. Bij de oprichting aan tafel bij de notaris kan de champagne worden ontkurkt, de BV ziet het levenslicht! Dit is eigenlijk de ondernemingsrechtelijke variant van een huwelijk: u gaat samen een avontuur aan en hoopt dat u daar lang van kunt genieten. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2577,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3205","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualiteiten"],"_links":{"self":[{"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/posts\/3205","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/comments?post=3205"}],"version-history":[{"count":1,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/posts\/3205\/revisions"}],"predecessor-version":[{"id":3206,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/posts\/3205\/revisions\/3206"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/media\/2577"}],"wp:attachment":[{"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/media?parent=3205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/categories?post=3205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spee-advocaten.nl\/en\/wp-json\/wp\/v2\/tags?post=3205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}