Stockholders Agreement: Related-Party Transactions Covenant | Practical Law

Stockholders Agreement: Related-Party Transactions Covenant | Practical Law

A Standard Clause that limits a corporation's authority to enter into related-party transactions with its shareholders or other related parties. It can be included in a stockholders agreement of a privately-held company. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.

Stockholders Agreement: Related-Party Transactions Covenant

Practical Law Standard Clauses w-014-6655 (Approx. 9 pages)

Stockholders Agreement: Related-Party Transactions Covenant

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A Standard Clause that limits a corporation's authority to enter into related-party transactions with its shareholders or other related parties. It can be included in a stockholders agreement of a privately-held company. This Standard Clause has integrated notes with important explanations and drafting and negotiating tips.