It is the opposite. An agreement can also define the decisions that a shareholder director can take freely without the need for a meeting of members, allowing for confidence and determination when necessary. It is very easy to add sectoral provisions to your agreement, but they still tend to be reduced to questions of power or politics. This Agreement applies to a situation where each shareholder owns his or her own right of succession in a building or scheme managed by the company. A shareholders` agreement defines other powers, rights and obligations that the owners have among themselves and for the company, beyond the powers already in force by law or by the articles of association. The model shareholders` agreement describes an agreement between “ABC, Inc.” and shareholders “Roberto J Williamson” and “Alice J Macarthur.” Roberto J Williamson and Alice J Macarthur agree on their obligations regarding the management and supervision of the company. 50. . .