Having a formal agreement reduces ambiguity about ownership, voting rights, transfer restrictions, and buy-sell events. It helps founders plan for growth, protect minority interests, and establish a clear process for resolving disputes, enforcing decisions, and guiding leadership changes, even when leadership shifts occur.
A well structured agreement reduces ambiguity, clarifies decision rights, and helps founders and investors align on strategic objectives, enabling faster, more confident execution during key moments.
Our team brings practical corporate experience, industry knowledge, and a collaborative approach to drafting and negotiating shareholder and partnership agreements that fit your Mayo business.
We provide periodic reviews and updates to keep the agreement aligned with changes in ownership, law, or business strategy.
A shareholder agreement defines ownership, voting, transfer rules, and dispute resolution. It helps founders align on governance and protects minority interests, reducing the risk of costly disagreements. A clear framework supports predictable decision making and long-term business planning. The document serves as a practical reference during growth and transitions.
Buy-sell provisions set out who can buy or sell an owner’s stake, how prices are determined, and what events trigger a buyout. They prevent unwanted transfers and provide a fair exit path, particularly during death, disability, retirement, or disputes, helping maintain control and continuity for the business.
Deadlock occurs when stakeholders cannot reach a decision on major issues. Resolution methods may include mediation, buyouts, or rotating casting votes to move forward while preserving essential rights. Clear deadlock provisions minimize litigation and help the company continue to operate effectively.
A partnership agreement is typically used for closely held ventures with ongoing collaboration among partners, outlining roles, profit sharing, and decision rights. It is more detailed than a simple contract and addresses governance, exit planning, and capital contributions within a structured framework.
Transfer restrictions may include right of first refusal, consent requirements, and drag-along or tag-along rights. These provisions protect the company from unwanted changes in control and help maintain strategic alignment among remaining owners and investors.
Yes. Many shareholder agreements include terms that survive ownership changes, ensuring ongoing governance and dispute resolution mechanisms remain in place even as individuals come and go. Provisions like buy-sell rights and continuation of key covenants help preserve stability.
Drafting times vary with complexity, availability of information, and client responsiveness. A straightforward agreement may take a few weeks, while more intricate structures with multiple classes of stock, investors, and detailed governance terms can require several weeks to finalize.
Mediation or arbitration can provide a confidential and efficient path to resolution outside court. A mediator helps facilitate agreement, while an arbitrator renders a binding decision. These processes can save time, reduce costs, and preserve business relationships.
Yes. Startups and small businesses benefit from governance provisions that clarify ownership, investor rights, and exit plans. A scalable framework helps manage growth, protects investors, and provides a strong foundation for future financing rounds.
To get started with Hatcher Legal in Mayo, schedule an initial consultation to discuss your business structure, ownership goals, and timeline. We’ll outline a tailored drafting plan and guide you through the process from outline to execution, with clear next steps and pricing.
