Preferred shareholders agreement for transaction. Sample "A. The Company is incorporated in the State of Victoria and has an issued share capital of «a3». B. The Company has been established for the purposes of conducting the Business of «a5» and associated activities under the name and style of "«a6»". C. The Shareholders have agreed upon certain matters relating to the manner in which the Company is to be conducted including the administration, financing and management. D. The Shareholders have further agreed that their relationship as constituted by this Agreement, is to be governed by these terms and conditions. E. The Shareholders may increase or decrease in number from time to time and the Shareholders to this Agreement will be the most current Shareholders whose particulars are set out, described (with date of acquisition of Shares noted) in Schedule 1 from time to time. 2. PURPOSE As at the Commencement Date, the Company will operate the Business of «a5» and all ancillary or related activities. 3. ISSUE AND DELIVERY The respective interests of the Shareholders in the Company are set out alongside their names from in Schedule 1. 4. COMMENCEMENT AND TERM OF THE AGREEMENT This Agreement takes effect as at and from the Commencement Date and continues in full force and effect to govern the relationship of the parties unless terminated. 5. RELATIONSHIP OF THE PARTIES It is expressly agreed and declared by the Shareholders that the relationship between them is not that of a partnership. 6. EXERCISE OF POWERS Each of the parties must exercise all such powers as are available to it, do all such things and sign all such documents and instruments as may be necessary or reasonably required to give full effect to the provisions of this Agreement. 7. FUNDING………………………………. "
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