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This agreement is also known as an “association agreement”.
This agreement is for use by members of close corporations (“Members”). We encourage Members to enter into a Members’ Agreement to obviate and to regulate any potential disputes that may arise. It also sets out how Members’ Interests can be sold and ensures inter alia that Member rights are protected should one (or more) of the Members decide to sell their Interests in the close corporation.
The agreement provided is robust, very detailed and transparent, so that all parties are aware of their rights and obligations.
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This Members’ Agreement:
This MEMBERS’ AGREEMENT has the following clauses:
Please read carefully through the agreement and fill in all missing details; in preparing a signature document, please have regard to all the notes we have placed therein to assist you with the conclusion of a professional, legally binding agreement.