Protect your rights with a company partnership agreement or shareholder agreement from our expert lawyers
Partnership agreements are essential for establishing the roles and duties of two parties (or a group of parties) working in business together. An unclear partnership agreement can lead to miscommunication, conflict and disputes that may require costly legal mediation.
When working alongside another party, it’s important to have a clear, legally binding agreement in place to ensure stakeholders uphold their responsibilities. Whether you’re collaborating with a startup or creating agreements for your company’s shareholders, our expert commercial lawyers will create an airtight agreement that protects your rights at every turn.
With over 40 years of combined commercial, criminal and personal law experience, we’ve established ourselves as one of Sydney’s leading partnership agreement lawyers. We’ve worked with growing startups, large-scale companies and everyone in between. No matter your business or project, our team will deliver an ironclad partnership agreement NSW business partners can rely on.
Contact us today.
Our partnership agreement lawyers will look after your best interests throughout the agreement process
At Green & Associates, our commercial lawyers streamline the shareholder and company partnership agreement process with clear communication, expert guidance and dedicated support you can rely on.
We know how time-consuming the partnership agreement process can be. With our meticulous eye for detail, we’ll take the weight off your shoulders so you can focus on running your business.
- We’re cost-efficient. We keep things straightforward with proven strategies and fast results.
- We’re results driven. We’re not happy until your company partnership agreement is airtight. We’ll ensure you have everything you need to keep things moving with your partners.
- We’ll look out for you. Your interests are our interests. We’ll give you the best representation throughout the negotiation process.
- We’re expert negotiators. Our team has extensive experience with dispute resolution and commercial mediation.
We service a range of Sydney-based locations including the following areas:
- Potts Point
- Kings Cross
- Woolloomooloo
- Rushcutters Bay
- Elizabeth Bay
- Darlinghurst
- Surry Hills
Contact our team and get a leading partnership agreement lawyer on your side today.
When do you need a partnership agreement lawyer?
When it comes to business partnerships, it’s vital to know where you stand. A company partnership agreement is essential for outlining the roles and responsibilities of you and your business partner. This ensures clear communication and a fair delineation of duties throughout your partnership, allowing all parties to act in their best interests.
A partnership agreement should outline the following terms:
- The obligations and rights of each party
- The financial contributions of each party
- The decision-making process between parties, such as whether a unanimous vote is required or if a single party can make decisions for the business
- Proper procedures for dispute resolution
- Procedures for individuals departing the company
- Procedures for terminating the partnership agreement
What is a shareholder agreement?
A shareholder agreement is a type of partnership agreement between the shareholders of a company. This agreement clarifies the obligations and rights of a shareholder. Shareholder agreements also transparently explain the company’s operations, as well as describing proper procedures for dispute resolution and shareholder resignations.
A detailed shareholder agreement should outline the following criteria:
- The business’s management and structure
- The responsibilities of both the shareholders and directors of the company
- Proper handling of shares between internal and external parties
- The company’s funding
- How to handle potential disputes between directors and shareholders
A properly managed shareholder agreement shows potential investors that your company is managed in a transparent, orderly manner and reduces the chance of new shareholders requesting a renegotiation of the existing agreement.
Our expert commercial lawyers have handled partnership agreements and shareholder agreements for large and small companies. Contact us today if you need a partnership agreement in NSW.
Partnership agreement FAQs
In some cases, a new shareholder may request a renegotiation of the existing shareholder agreement. This usually occurs when a new shareholder is taking ownership of substantial equity in the company. In this case, a new shareholder agreement must be negotiated and signed between the existing shareholders and the new shareholder.
If a new shareholder agrees to the terms of the existing shareholder agreement, a Deed of Accession must be made between the company, the new shareholder and the existing shareholders. This allows the company to register the new shareholder as part of the company’s register.
For more information on negotiating a new shareholder agreement or entering a Deed of Accession, contact our team today.
No, a written partnership agreement is not legally required for your company. However, oral agreements between two parties are significantly more difficult to manage and uphold.
We recommend obtaining expert legal advice before entering into business with another party or company. A written agreement outlines the vision of your business endeavour as well as essential criteria including how the business will be managed, the responsibilities of each party and the proper procedures for dispute resolution.
Written partnership agreements provide stronger legal standing for both parties and outline proper operational guidelines in the case of disputes.
We’re the partnership agreement lawyer you need in your corner. Contact us today
With a 97% success rate across over 1,500 cases, we know how to deliver fast, efficient and thorough results for our clients. We deliver mutually beneficial partnership agreements NSW companies, businesses and corporations can rely on. Get in touch with our expert team today.