As a minority shareholder and with a shareholder agreement that includes the requirement for all shareholders to approve certain decisions, make sure you have a say in important decisions that affect the company. These may be decisions: some people with a shareholders` agreement will never have to rely on it, but there will be many more cases where shareholders wish they had taken the time to reach an appropriate agreement. Preferred shares are divided, which entitles the shareholder to a fixed dividend, the payment of which takes precedence over the payment of the ordinary dividend. In the event of the insolvency of the company, the preferred shareholders have the right to be paid first out of the company`s assets. A well-drafted shareholders` agreement entails different exit strategies in the event that the shareholders can no longer be in business together. In the start-up phase, shareholders should consider what happens if they no longer get along, if a shareholder is forced to move, or if someone just wants to leave the company. . . .