shareholder control agreement

noun

: a written unanimous agreement of shareholders that transfers control of specified areas of corporate governance (as election of directors and officers, issue of dividends, employment of shareholders, or arbitration of disputes) from directors and officers to the shareholders

Dictionary Entries Near shareholder control agreement

Cite this Entry

“Shareholder control agreement.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/shareholder%20control%20agreement. Accessed 27 May. 2024.

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