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A Short Form Shareholders Agreement is an agreement between each of the shareholders of a Company specifying how decisions are made.

 It’s a good idea to get one because it:

  • sets out clear rules which govern how the Company’s business is to operate;
  • helps avoid or reduce the likelihood of costly and lengthy disputes between shareholders; and
  • is separate from the Constitution of the Company and overrides it to the extent of any inconsistency.

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