Governance and Protection for Business Partners
A well-drafted Shareholders' Agreement (SHA) is essential for any multi-shareholder entity in the UAE. While the Memorandum of Association is public, the SHA provides a private, detailed framework for internal governance and conflict resolution.
Key Elements Addressed by Counsel
- Management structure and board representation rights.
- Share transfer restrictions, including Tag-Along and Drag-Along rights.
- Dividend distribution policies and funding obligations.
- Deadlock resolution mechanisms and exit strategies (Buy-sell agreements).