Agreeing terms for a new share investment

Use this written board resolution approving shareholders’ agreement and new articles in your company’s process when it signs off on the use of our shareholders’ agreement. It is not sufficient for your shareholders to simply sign the Shareholders’ agreement . You must adopt the Articles of association for shareholders’ agreement that are designed to work with it, and make sure that your board and shareholders approve everything: use this simple written board resolution to approve the shareholders’ agreement and new articles; and get your shareholders’ approval of the new articles. This written board resolution is simple to create and easy to use – just get the signatures of your board members to pass it. If you would prefer to have your board approve everything in an actual board meeting, you can use Board minutes approving shareholders’ agreement and new articles instead of this written resolution. If you only have one company director, use the special Sole director resolution approving shareholders’ agreement and new articles for the job instead. You can also purchase this document as part of the Shareholders' agreement toolkit , which will guide you through the full process.

Use this template to generate a copy of a shareholder written resolution, suitable for filing at Companies House, if your company: issues shares to a new shareholder without offering them first to existing shareholders; and at the same time adopts new articles. You are legally required to file a copy of the shareholders’ resolution at Companies House within 15 days of it being passed. By using this template you fulfil this legal requirement and minimise the risk of fines or complaints against your company. It is assumed that your company will be entering into a shareholders’ agreement and adopting new articles in the forms which you will find in, respectively, the templates Shareholders’ agreement (new share investor) and Articles of association (new share investor) .