Unitholders Agreement

A unitholders agreement can be used for unitholders to document certain matters that may not be covered in the trust’s deed or which the unitholders wish to vary (perhaps temporarily) from the trust deed.

It's a contract between the unitholders of a unit trust (and typically the trustee(s) of the trust as well) containing agreed terms as to how the trust is to be managed. In InterDocs’s Unitholders Agreement, we will take your instructions as to what it will cover.

We offer this service using our standard PDF forms. Please complete, scan and email back to our office.

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WHAT WE DO FOR YOU
WHAT YOU RECEIVE

In InterDocs’s Unitholders Agreement, we will take your instructions as to what it will cover. The agreement can cover any matter that the unitholders wish to agree on regarding the business or management of the trust. For example, it could cover, but is not limited to, any of the following issues:

Composition of the trustee company’s board of directors (and how to appoint them);
Types of decisions requiring majority (50%), special (75%), unanimous (100%) or other approval;
Who can be a unitholder;
The meetings of the unitholders;
Voting rights of unitholders;
Minority unitholder protection;
Special rules for the issue, transfer or disposal of units, or rights or options in relation to units;
Unitholder exit strategies;
The consequences of a unitholder defaulting, and ‘bad leaver’ arrangements; and/or
The management, structure and business plan of the trust.

Once the order is received we will prepare the agreement and send the completed documents to be signed by the relevant parties.