Article 1 defines the fundamental commitment of the new shareholder, namely that he is bound by the terms of the shareholders` agreement from the date on which he becomes a shareholder of the company. It is also clear that a copy of the partner`s contract has been provided to him, so he knows what he is committing to. Three paragraphs whose main objective is for the new shareholder to undertake to be bound by the terms of the agreement of the existing shareholders. Deed of approval for a new party to become part of a joint venture/shareholders` agreement by transferring existing shares/new allocated shares. Who can use this shareholders` agreement? This shareholders` agreement is suitable for two people who create a limited liability company to manage a new activity in which each of them 50% of. For more information, check out our comments below, which you will also receive when you upload the document to our site….