[EP 145] The Critical Role of Shareholder Agreements Part 2 Talking Law

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In this episode, Joanna Oakey and guest Simon Bedard, Founder and CEO of Exit Advisory Group, continue their discussion on Shareholder Agreements and the critical role they play in business - particularly businesses in the SME space.

They emphasise the dangers of relying on templates and some of the things you’ll want to cover when working with a commercial lawyer to ensure the agreement is structured appropriately. This episode highlights the significance of timing and early drafting of Shareholder Agreements to minimise future issues, along with keyman insurance and the role it can play in navigating this tricky area of business. 

This episode shares insights on navigating disagreements, exits, and what we think are some best practices in Shareholder Agreements.



















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Episode Highlights:



* 00:06 The importance of considering both commercial and legal aspects of shares

* 00:52 Setting a roadmap for your business using Shares & Shareholder Agreements

* 2:48 Do you need “Keyman Insurance” built into Shareholders Agreements?

* 5:12 More Case Study Stories from Simon

* 7:18 Always get in touch with the right commercial lawyers















Connect with Simon Bedard:

Simon on LinkedIn

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Relevant episode:

Talking Law [EP 143] Why Shareholders Agreements are Essential for Business Owners

[EP 144] The Critical Role of Shareholder Agreements Part 1

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iTunes: https://itunes.apple.com/au/podcast/talking-law/id1161414789?mt=2













Transcript below!

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Note: This has been automatically transcribed so will be full of errors! We are not providing it to you as a word-perfect version of the podcast but just as an easy way to provide you with a different way to be able to scan for information that might be relevant to you.













Joanna:

Hi, it's Joanna Oakey here. And welcome back to Talking Law, a podcast proudly brought to you by our commercial legal practice,