Osaartikkeli

Osaartikkeli is a term used in Finnish to describe a shareholder agreement. It is a contract entered into by shareholders of a company to regulate their relationship, rights, and obligations. These agreements are common in both public and private companies, though they are particularly prevalent in smaller, closely held businesses where the shareholders are also the active managers.

The primary purpose of an osaartikkeli is to establish clear rules for various scenarios that might arise during the company's operation. This can include provisions regarding the transfer of shares, such as pre-emption rights or rights of first refusal, which give existing shareholders the opportunity to buy shares before they are offered to external parties. It can also outline procedures for the valuation of shares in case of a sale or buy-out.

Furthermore, osaartikkeli agreements often detail how decisions are made within the company, including voting rights, the composition of the board of directors, and the process for resolving deadlocks or disputes among shareholders. They can also specify dividend policies and restrictions on certain actions that shareholders can take.

In essence, an osaartikkeli serves to prevent future conflicts and ensure the smooth governance of the company by proactively addressing potential issues. It provides a framework for cooperation and can be a crucial tool for maintaining stability and achieving the long-term goals of the business. The specific contents of an osaartikkeli can vary significantly depending on the needs and agreements of the individual shareholders.