Stockholders Agreement: Joinder Agreement | Practical Law

Stockholders Agreement: Joinder Agreement | Practical Law

A joinder agreement pursuant to which a share transferee becomes party to, and agrees to be bound by, the terms of an existing stockholders agreement. This Standard Document has integrated notes with important explanations and drafting tips.

Stockholders Agreement: Joinder Agreement

Practical Law Standard Document 9-383-7907 (Approx. 10 pages)

Stockholders Agreement: Joinder Agreement

by Practical Law Corporate & Securities
Maintained • USA (National/Federal)
A joinder agreement pursuant to which a share transferee becomes party to, and agrees to be bound by, the terms of an existing stockholders agreement. This Standard Document has integrated notes with important explanations and drafting tips.
On August 23, 2023, the SEC adopted new rules under the Investment Advisers Act of 1940 for private fund advisers (see Legal Update, SEC Adopts New Rules for Private Fund Advisers) (the "New Rules"). The New Rules are generally effective 12 to 18 months after publication in the Federal Register and will have a material impact on limited partnership agreements for private equity funds and may require revisions to this resource, however, certain requirements under the New Rules will not apply to existing LPAs. Updates are planned in the near future. For more information on the final rule, see Private Fund Advisers; Documentation of Registered Investment Adviser Compliance Reviews, Fed. Reg. 88 FR 63206 (Sept. 14, 2023).