This two-party Shareholders' Agreement is designed for use in a Joint Venture Company and provides standard clauses for minority protection. The agreement is drafted in favour of the Minority Shareholder to ensure fair representation and protect their investment. The parties agree to form a jointly-owned company, the details of which are outlined in the agreement. 

The authorised share capital, registered office, and auditors are agreed upon by the parties and the completion of the formation of the company takes place within ten days after the fulfilment of certain conditions. The parties subscribe for shares in the company, which are issued to them and entered in the company's register of members. 

This comprehensive document is essential for safeguarding the rights of the Minority Shareholder in a Joint Venture Company. By following the terms outlined in this agreement, both parties can feel confident in their investment and the protection of their rights.

How to use this Document?

Steps to use a 2-party Shareholders' Agreement:

1. Careful reading: Before signing the agreement, it is important that both shareholders read and understand the terms and conditions of the agreement.

2. Establishment of a Joint Venture Company: The shareholders' agreement is to be used when two parties decide to establish a joint venture company.

3. Signing the agreement: Both parties should sign and return a copy of the agreement and each party should receive a copy once it has been signed.

4. Signature witnessing: To prevent any future disputes, both parties may choose to have their signatures witnessed.

5. Amendments: If either of the parties wishes to make any amendments to the agreement in the future, both parties should agree to the changes and the original agreement and amendments should be recorded in writing and signed by both parties.

6. Review the agreement regularly: It is important for both parties to review the agreement regularly to ensure that all the terms and conditions are being followed and to make any necessary updates or changes.

7. Seek legal advice: If either party is unsure about any part of the agreement, it is recommended that they seek legal advice from a qualified attorney.

By following these steps, both parties can ensure that the shareholders' agreement is used in a smooth and efficient manner, and any disputes can be prevented or resolved in a timely manner.