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KNOWLEDGE CENTRE

The Outsiders Law Knowledge Centre equips business and non-profit

leaders with the essential insights.

Tag-Along or Drag-Along? – Action to be Considered

Having smooth operations and conflict resolution among shareholders is critical. With that being said, how does a company achieve clear, enforceable agreements among shareholders, and how are their interests protected? Unanimous Shareholder Agreements ( “USAs” ) often include specific clauses to manage the sale of shares and control over the company. Two important clauses are the tag-along (piggyback) and drag-along provisions. These two provisions will be the primary focus

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