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When starting a business, formal agreements between shareholders or partners are often overlooked—but they’re vital for managing responsibilities, avoiding disputes, and protecting everyone’s interests as the business grows.

A clear agreement sets out the rights, responsibilities, and expectations of each party involved. It can define how decisions are made, how profits are shared, and what happens if someone wants to leave the business or if a dispute arises.

We tailor each agreement to your specific business needs—helping you avoid future conflict and focus on growth.

Shareholders’ agreements

A shareholders’ agreement governs the relationship between a company’s shareholders and its directors. It balances the directors’ ability to manage the business with the shareholders’ right to oversight and protection.

Key areas typically covered include:

  • Shareholder rights and voting powers
  • Share transfers and buy-out procedures
  • Issuing new shares
  • Confidentiality and non-compete clauses
  • Dispute resolution mechanisms

We’ll work with you to ensure your agreement supports your business goals while protecting your position and limiting risk.

Partnership agreements

While not legally required, a written partnership agreement is strongly recommended. Without one, disputes can arise over roles, responsibilities, and profit sharing.

A robust partnership agreement can cover:

  • Powers and duties of each partner
  • Profit and loss distribution
  • Ownership shares
  • Administrative responsibilities
  • Exit strategies and buy-out terms
  • Dispute resolution and dissolution procedures

We’ll help you create a clear, enforceable agreement that supports collaboration and reduces the risk of conflict.

Why Choose Hutchinson Thomas?

  • Tailored agreements that reflect your business needs
  • Clear, practical advice from experienced commercial solicitors
  • Proactive support to prevent future disputes
  • Recognised in the Legal 500 and awarded the Law Society Mark of Excellence
  • For more information about the wide range of corporate legal services we provide to our business customers, please get in touch.

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