This 4-Party Shareholders Agreement is for the establishment of a Joint Venture Company and includes standard clauses for minority protection, ensuring fair treatment for all parties involved. 

The agreement outlines the formation of a jointly-owned company and governs the relations of the Parties as shareholders in the Company. The Company will be incorporated as a company limited by shares, with the name, Memorandum and Articles of the Company, authorized share capital, registered office, and auditors as specified in the agreement. 

The completion of the agreement will take place within ten days after the Conditions Precedent is fulfilled or waived, with the Parties subscribing unconditionally for their respective Party Shares in cash and the names of the Parties entered in the Company's register of members as the respective holders of the shares. 

It is important for all Parties involved to carefully read and understand the agreement before signing and returning a copy, and to avoid future disputes by recording any amendments in writing and signed by all Parties.

 

How to use this Document?

When four parties are looking to establish a Joint Venture Company, they should enter into a Four Party Shareholders' Agreement which features standard clauses for minority protection and is drafted in a Neutral Form. The Parties will agree to form a jointly-owned company, the Company, which will acquire certain rights and assets and carry on business as outlined in the Agreement. The Parties have agreed that their relationship as shareholders in the Company will be governed by the terms of this Agreement.

Here are the steps for using this Four Party Shareholders' Agreement:

1. Read Carefully: Each shareholder involved in the Joint Venture Company should read the shareholders' agreement carefully.
2. Sign and Return a Copy: All four parties should sign and return a copy of the agreement.
3. Obtain a Copy: Once the agreement is signed, all parties should receive a copy.
4. Witness Signatures: To avoid any future disputes, it is recommended that the parties have their signatures witnessed.
5. Record Amendments: In the event that any of the parties wish to amend the agreement in the future, all parties must agree to the amendment and it should be recorded in writing and signed by all parties.

By following these steps, the Parties can ensure that their relationship as shareholders in the Joint Venture Company is governed by a clear and legally binding agreement. This agreement provides the Parties with protection and helps to avoid any future disputes.