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Shotgun Clauses and Owner Managers

Should your company shareholder agreement include a shotgun clause? Learn more about these provisions from an owner-manager's perspective, with this introductory 4-page article entitled Shotgun Clauses & Owner Managers.

A 'shotgun clause' or 'buy-sell clause' is a provision in the agreement that states if a shareholder wants out of the company, he/she can force the other shareholders to buy his/her shares. This article discusses the benefits and pitfalls of shotgun clauses, and the situations in which they work best.

Shotgun Clauses and Owner Managers is provided in PDF format and is copyrighted by the author.

Download: Shotgun Clauses and Owner Managers

Related Forms:

Shotgun Buy-Sell Provisions for Shareholder Agreement

Related Categories:

Legal Forms & Documents > Shareholder Forms

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