Reserved matters list—joint venture shareholders’ agreement—majority or minority
Reserved matters list—joint venture shareholders’ agreement—majority or minority

The following Corporate guidance note provides comprehensive and up to date legal information covering:

  • Reserved matters list—joint venture shareholders’ agreement—majority or minority
  • The ScheduleReserved Matters

Insert the following reserved matters list as a schedule to the joint venture shareholders’ agreement:

The Schedule
Reserved Matters

  1. 1

    The change of its name or articles of association.

  2. 2

    The commencement by the Company of any new business not being the Business.

  3. 3

    The issue of debentures, securities convertible into shares, share warrants or options in respect of shares.

  4. 4

    The creation, issue, purchase, redemption, reduction or otherwise reorganisation of the share capital of the Company (other than in respect of any subscription made in accordance with clause [insert number for provision dealing with issue of A shares to A shareholder] or [insert number for provision dealing with issue of B shares to B shareholder]).

  5. 5

    The passing of a resolution whereby its classification or status as a limited company may be changed or any merger or consolidation with any other entity.

  6. 6

    The alteration of any rights attaching to any class of share or loan capital.

  7. 7

    The consolidation, sub‑division or conversion of any of its shares.

  8. 8

    The acquisition of shares or securities of a person other than shares in a wholly-owned subsidiary undertaking of the Company.

  9. 9

    The creation or acquisition of a subsidiary undertaking or disposal of shares in a subsidiary undertaking.

  10. 10

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