Disclaimer: The Sample Form is intended as a resource for attorneys, but is not a substitute for the attorney’s
judgment and application of the relevant law to a client’s circumstances.
IRS Circular 230 Disclosure: Pursuant to Internal Revenue Service rules of practice, any tax advice set forth
in this form is not intended or written to be used, and cannot be used, for the purpose of (a) avoiding penalties
that may be imposed under the Internal Revenue Code or (b) promoting, marketing or recommending to another
party any tax-related matter addressed herein.
© 2006 The American College of Trust and Estate Counsel – All Rights Reserved
CC 1767630v3
ACTEC
SHAREHOLDERS AGREEMENTS
FOR CLOSELY-HELD CORPORATIONS
SAMPLE FORM
Updated through 1/1/06
Supplemented 4/20/06
See Companion Document “Outline”
Co-Authors:
Nancy Schmidt Roush, Richard S. Scolaro and Steven B. Gorin.
Sub-Committee Members of the ACTEC Business Planning Committee Who
Contributed:
Nancy Schmidt Roush (chair), James L. Boring, C. Fred Daniels, Clarence J. Ferrari, Jr.,
Steven B. Gorin, Robert S. Marquis, Randy S. Nelson, Richard S. Scolaro, and David C.
Sojourner, Jr.