It is important that a business entity with two or more owners have a written understanding of the relationship between and among the owners. This will prevent, among many other serious problems, a deadlock in the event that the owners of the business cannot agree with regard to a critically important business decision. In this capacity, we will draft a Shareholders’ Agreement (for corporations), a Partnership Agreement (for Partnerships), or an Operating Agreement (for LLCs) to ensure that the business owners have properly documented the relationship among themselves that they desire.
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