Unitholders agreement - comprehensive- UNIT 5

Question: is this a comprehensive unitholders agreement for any situation?

Answer: this is a very comprehensive and substantial document designed to cater for as many issues as can be contemplated when a number of unitholders get together for a specific purpose. It can be used for property development, but is more general. Like the unitholders agreement to purchase and develop property, the company (trustee) manages the entire unit trust and operation. The manager's specific duties are spelt out.