[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-276986-105":53,"doc-detail-276986-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","shareholders-agreement-general-manager-compensation-profits-transfers-buy-sell","Shareholders’ Agreement - General Manager, Compensation, Profits, Transfers, Buy-Sell","","Shareholders’ Agreement outlining governance and economic arrangements for a company formed by three named shareholders. It assigns Shareholder A as general manager under board supervision, sets monthly gross salary as operating expense, and defines profit entitlement at 50% net profits while Shareholder A holds 50% of outstanding stock. It includes termination on 30 days’ notice, non-competition during continued shareholding, stock transfer rights with company and shareholder options, and buy-sell enforcement via specified election timelines and court-ordered remedies.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/shareholders-agreement-general-manager-compensation-profits-transfers-buy-sell/276986/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/shareholders-agreement-general-manager-compensation-profits-transfers-buy-sell/276986.png","ImageObject",442,249,{"name":88,"@type":89},"Lucas Martin","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/octet-stream","2026-10-23","2026-09-15",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",13,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Who serves as general manager under this agreement?","Question",{"text":109,"@type":110},"Shareholder A serves as general manager under the direction and supervision of the Board of Directors, with duties delegated by the Board.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"How are compensation and operating expenses handled?",{"text":114,"@type":110},"Shareholder A receives a monthly gross salary, accounted for as an operating expense and subtracted from receivables when determining profit to be divided among shareholders.",{"name":116,"@type":107,"acceptedAnswer":117},"What restrictions apply to stock transfers?",{"text":118,"@type":110},"Neither party may transfer stock unless it is first offered for sale at the same price to the Company, and if the Company declines, then to the remaining shareholders of record, following written notice and acceptance timelines.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},276986,1789496745,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":76,"language":136,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":61,"update_tm":126,"read_time":9},8796095360427,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","SHAREHOLDERS’ AGREEMENT\nTHIS AGREEMENT, made this ______ day of ______________, 20_____, by and between [insert name of first Shareholder], (herein after referred to as “Shareholder A”), [insert name of second Shareholder], (herein after referred to as “Shareholder B”), and [insert name of third Shareholder] (herein referred to as “Shareholder C”).\nWITNESSETH:\nTHAT WHEREAS, the parties are in the process of associating as the sole shareholders in a Company to be known as XYZ, Inc (“Company”).\nNOW, THEREFORE, in consideration of the mutual promises contained below, the parties agree as follows:\nGeneral Manager. It is agreed that Shareholder A shall serve as general manager of the Company under the direction and supervision of the Board of Directors overseeing and directing the daily operations of the Company and performing such duties as shall be delegated to him by the Board of Directors. In performing his duties, Shareholder A shall use his best efforts to promote the interests of the Company and shall take no action to the detriment thereof.\nCompensation. It is agreed that Shareholder A shall receive the sum of _______________\n(US$________) monthly as gross salary for the services as general manager. Shareholder A salary hereunder shall be accounted for as an item of operating expense to be subtracted from receivables in determining profit to be divided among the shareholders hereto.\nProfits. For so long as Shareholder A serves as general manager of the Company and for so long as Shareholder A holds FIFTY percent (50%) of the outstanding stock of Company, each party hereto shall be entitled to exactly FIFTY percent (50%) of the net profit of the Company payable no more frequently than quarterly.\nEmployment Termination. Either party hereto, or the Company acting through its Shareholders, shall have the right to terminate Shareholder A’s employment as general manager upon thirty (30) days written notice.\nNon-Competition. Each party hereto agrees that for so long as both parties continue to be a Shareholder, owner, or in control of any shares of stock in Company, neither party will be engaged, employed, concerned, or financially interested, directly or indirectly, in the same or similar businesses that are being conducted by Company within [describe scope of jurisdiction subject to the non-compete, such as “within the geographical boundaries of the state of Colorado”] (“Jurisdiction”), nor shall he in any way compete with Company within said Jurisdiction.\nStock Transfers. Neither party may sell or otherwise transfer any interest in their stock in Company unless such stock is offered for sale at the price at which such stock is being offered to\nany third party; first, to Company and, if Company does not exercise its option to so purchase, then to the remaining Shareholders of record.\nSuch offer shall be made in writing by the selling Shareholder to the secretary of the Company and the Company shall have fifteen (15) days from the receipt thereof to manifest in writing an acceptance of said offer. If the Company does not respond within the manner and time required herein, the selling Shareholder shall make such an offer in writing to the then remaining Shareholders and any one or more of them shall have fifteen (15) days from their receipt thereof to manifest in writing their acceptance of said offer.\nShould either the Company or the then remaining shareholders fail to accept such offer made as described above, then the selling Shareholder shall be free to sell to any third party the same number of shares as were offered to the Company and/or the Shareholders in accordance with the provisions of the above paragraph.\nBuy-Sell. Should any of the conditions by applicable state law entitling a shareholder to initiate a proceeding for dissolution, either party hereto, not in default hereunder, may give notice in writing to the other party hereto of his desire to transfer his stock to said other, stating in the notice the sum of money ","cbCaije7z96wRpKK","https://ap.wps.com/l/cbCaije7z96wRpKK","doc",27648,"English","# General Provisions\n## General Manager\n## Compensation and Profits\n## Employment Termination\n## Non-Competition\n## Stock Transfers\n## Buy-Sell\n## Company Approval\n## Severability","[{\"question\":\"Who serves as general manager under this agreement?\",\"answer\":\"Shareholder A serves as general manager under the direction and supervision of the Board of Directors, with duties delegated by the Board.\"},{\"question\":\"How are compensation and operating expenses handled?\",\"answer\":\"Shareholder A receives a monthly gross salary, accounted for as an operating expense and subtracted from receivables when determining profit to be divided among shareholders.\"},{\"question\":\"What restrictions apply to stock transfers?\",\"answer\":\"Neither party may transfer stock unless it is first offered for sale at the same price to the Company, and if the Company declines, then to the remaining shareholders of record, following written notice and acceptance timelines.\"}]","Shareholders’ Agreement - General Manager, Compensation, Profits, Transfers, Buy-Sell | DOC"]