Shareholder Agreement Document

7 oktober 2021

It is important to understand that this document is not necessary to start a business and that some small businesses that do not expect to receive external money from investors choose not to start one. Piggy Back Commission: A Piggy Back provision, also known as a ”Tag Along” or ”co-sale”, applies to majority shareholders who intend to sell a significant portion of their shares. It protects minority shareholders because the buyer must also buy his shares at the same price as the majority shareholder and therefore agrees to buy all the shares. The shareholders` agreement was put in place in order to improve the activity related to the functioning of the company and to clarify and structure the relationship between the company and its shareholders at a given time. This contributes to faster resolution of disputes and leads to an unwavering and smooth operation of the company and its activities. As shareholders receive copies of the annual accounts, they can track the progress and needs of the company. In the event that shareholders need an influx of funds that they believe is beneficial for the growth of the business, they will then discuss the most lucrative source of funding and then work towards obtaining them. The procedure for obtaining such financing is defined in the shareholders` agreement. The above parties are hereinafter referred to jointly as ”parties” and individually as a ”party” to the following shareholders` agreement (the ”shareholders` agreement”) relating to the ownership of the parties to COMPANY NAME, VAT number. . . .

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Bankgiro 253-8445