Document background
The Shareholder Representative Agreement is a crucial document in Irish corporate governance, typically used when multiple shareholders wish to appoint a single representative to act on their behalf in corporate matters. This arrangement is particularly common in companies with diverse shareholding structures, institutional investors, or in situations requiring coordinated shareholder action. The agreement, governed by Irish law and compliant with the Companies Act 2014, provides detailed provisions for the appointment, powers, duties, and limitations of the representative. It includes essential elements such as voting procedures, reporting requirements, fee structures, and liability provisions. The document becomes particularly relevant in scenarios involving shareholder activism, corporate restructuring, or when dealing with cross-border shareholdings where centralized representation is beneficial.
