Aksjonæroverenskomst

Aksjonæroverenskomst, often translated as shareholders' agreement, is a contract between shareholders in a company. It outlines the rights and obligations of the shareholders, and how the company will be managed and operated. This type of agreement is particularly common in private companies where there are a limited number of shareholders, such as family businesses or startups.

The primary purpose of an aksjonæroverenskomst is to prevent future disputes among shareholders. It typically covers aspects like the transfer of shares, dividend policies, decision-making processes, and dispute resolution mechanisms. For instance, it might specify pre-emption rights, allowing existing shareholders the first opportunity to buy shares if another shareholder wishes to sell. It can also define how new directors are appointed and removed, and what constitutes a quorum for shareholder meetings.

Key clauses often found in an aksjonæroverenskomst include provisions on valuation methods for shares in various scenarios, like a shareholder's death or exit from the company. It may also detail exit strategies for shareholders, such as buy-back clauses or provisions for selling the entire company. The agreement serves as a private governance document, supplementing the company's articles of association, and aims to provide clarity and stability for all parties involved.