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Initialing Draft 12 July 2011CONFIDENTIALBASRAH GAS COMPANY SHAREHOLDERS AGREEMENTBetween SOUTH GAS COMPANY and SHELL GAS IRAQ B.V. diamond GAS IRAQ B.V.DRAFT SUBJECT TO APPROVAL OF THE IRAQ COUNCIL

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How to fill out shareholder agreement - iraq

01

Step 1: Identify the parties involved in the shareholder agreement. This includes all shareholders and their respective ownership percentages.

02

Step 2: Determine the purpose of the agreement. Outline the objectives, rights, and responsibilities of each shareholder.

03

Step 3: Include provisions on share transfer and ownership restrictions. Specify any limitations on transferring shares, as well as any approvals required.

04

Step 4: Address voting rights and decision-making processes. Outline how major decisions will be made, such as appointing directors or approving financial statements.

05

Step 5: Include provisions on dispute resolution. Determine mechanisms for resolving disputes, such as through arbitration or mediation.

06

Step 6: Specify the duration and termination of the shareholder agreement. Define when and how the agreement can be terminated.

07

Step 7: Include confidentiality and non-compete clauses. Protect sensitive information and prevent shareholders from engaging in competitive activities.

08

Step 8: Seek legal advice. It is advisable to consult with a lawyer or legal expert familiar with shareholder agreements in Iraq to ensure compliance with local laws and regulations.

09

Step 9: Review and finalize the agreement. Once all parties are satisfied, review the document thoroughly and make any necessary amendments before signing.

10

Step 10: Execute the agreement. All shareholders should sign the agreement and keep copies for their records.

Who needs shareholder agreement - iraq?

01

Shareholder agreements are beneficial for anyone in Iraq who is involved in a joint venture or partnership where multiple individuals or entities own shares in a company.

02

Startups or small businesses with multiple shareholders can benefit from a shareholder agreement to establish clear rules and guidelines for decision-making, ownership transfer, and dispute resolution.

03

Larger corporations with complex ownership structures can also benefit from a shareholder agreement to ensure that all shareholders are aware of their rights, responsibilities, and obligations.

04

Investors or shareholders who want to protect their interests and investments in an Iraqi company should consider having a shareholder agreement in place.

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What is shareholder agreement - iraq?

A shareholder agreement in Iraq is a legally binding document that outlines the rights and responsibilities of shareholders in a company.

Who is required to file shareholder agreement - iraq?

Shareholders of a company in Iraq are required to file a shareholder agreement.

How to fill out shareholder agreement - iraq?

To fill out a shareholder agreement in Iraq, shareholders must include information about the company, shareholder rights, responsibilities, and any other relevant details.

What is the purpose of shareholder agreement - iraq?

The purpose of a shareholder agreement in Iraq is to establish a clear framework for the relationship between shareholders, outlining their rights and obligations.

What information must be reported on shareholder agreement - iraq?

The shareholder agreement in Iraq must include details about the company, shareholders, rights, responsibilities, and any other relevant information.

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