Shotgun clause
id:
shotgun-clause-310-239586
title:
Shotgun clause
text:
A shotgun clause is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s)' shares; the other shareholder(s) must then either accept the offer or buy the offering shareholder's shares at that price per share.
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Shotgun_clause
date created:
date modified:
2021-12-21T20:27:21Z
main entity:
{"identifier":"Q2978610","url":"https://www.wikidata.org/entity/Q2978610"}
image:
fields total:
13
integrity:
13