a contract which typically governs the voting rights attributable to the shares held by the shareholders, and matters relating to the management and affairs of the corporation by the directors, whose powers can be restricted by such an agreement
an agreement between all the shareholders about how the company should be run and the application of the rights of the shareholders. Acts as a contract between the members but as the company itself is not a party to it the company is not bound by it.
An agreement entered into between the shareholders of a small business company which covers all legal aspects of their relationship in the same way that a partnership agreement covers these matters. In Unit Trusts a Unitholder Agreement is entered into.