Legal Question in Business Law in Florida
We have a small start up business with 5 partners and currently have a shareholder agreement for the 5 of us. We have an opportunity to bring on a new partner who will also provide financial resources already agreed to. What are the steps to creat a new shareholder agreement, with a change in shares, to include this new partner?
Asked on 2/22/12, 2:43 pm
1 Answer from Attorneys
Simplest would be to amend the existing agreement, though you could re-write the whole thing over again if it become too complicated or concerning.
Answered on 2/22/12, 2:46 pm