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0AU1 Simple Heads of Agreement for a Shareholder's Agreement 2

Simple Heads of Agreement for a Shareholder's Agreement

This Simple Heads of Agreement for a Shareholder's Agreement is designed for use in Australia. This legal form is available for immediate download.

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A Simple Heads of Agreement is a preliminary agreement between three individuals who are setting up a new company in which each of them will be both a shareholder and a director. This agreement assumes that a formal Shareholders Agreement will be entered into but until that time, this agreement will have contractual effect. A written Simple Heads of Agreement will prove valuable in the event of disagreements, misunderstandings or litigation.

Among others, this form includes the following provisions:
  • Purpose of the Agreement: This provision sets out the intention of the parties and the company’s principles;
  • Parties, Purpose and Date:These provisions set out the identity of the parties, the company’s purpose and the date of incorporation;
  • Initial Capital: This provision sets out the percentage of initial capital each party will contribute;
  • Withdrawal from Company: This provision sets out the ability of each party to withdraw from the company.

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This lawyer-prepared packet contains:
  1. General Information
  2. Information
  3. Simple Heads of Agreement for a Shareholder’s Agreement for use in Australia
Law Compliance: This form complies with the state and territory laws of Australia
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
Number of Pages8
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#32597
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
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