Nevertheless, minority shareholders should also insist on the right to appoint at least 1 director of the company – although you may have no control over the company at the executive level, your representative on the board of directors would allow you to easily control the company`s activities and preserve your rights as a minority shareholder. (This full section allows a shareholder to sell his shares to other shareholders, otherwise he can sell them to other parties – with conditions!) For example, a “vesting calendar” may provide that shares are transferred monthly over a four-year period. As a general rule, there is an initial “stumbling block” in which a shareholder must remain with the company for at least a minimum period (z.B 1 year), or risk losing the rights to all shares. Assuming a standard four-year connection period, after the first year, 25% of the shares automatically become the remaining shares in monthly parcels of 1/46 of the total shares over the next three years. [3] Shareholder agreements are commonplace and can very well serve to protect the interests of all affected shareholders, particularly minority shareholders. Even if a company has not begun to enter into a shareholders` agreement, shareholders have nothing to do to enter a company at a later date. While it is technically possible to design a shareholder contract of its own (especially if you know exactly what you want from it), we strongly advise you to consult a lawyer or legal advisor to advise you on the possible impact of what is taken into account in a shareholders` pact. Shareholders often have access to trade secrets, standard operating procedures, client and source lists, research and development, financial details and other sensitive or confidential information. A SHA may contain non-disclosure and non-competition clauses, compel shareholders to keep the secret and prevent them from working for competitors or other parties for whom the interests of the company could be harmed. In addition, this language may also contain a non-invitation clause that prevents or prevents a shareholder from making transactions with a company or person who has been or is the company`s customer. This contract is concluded from ` (Date) Here are 5 general clauses in the SHAs that can be useful to protect your rights as a minority shareholder: corporate decisions can be made either by directors or by shareholders.