The shareholders` agreement aims to avoid disputes between shareholders in order to maintain the proper functioning of its activities. They can identify the rules that define how public servants are appointed and officials terminated. In addition, this agreement should be very specific to the actions that senior management or shareholders can take on behalf of the company. The goal is to set expectations so that, in the event of a problem, you can return to the shareholders` agreement to determine the right steps to take to deal with the problem. These can look like quite similar documents and often overlap. A shareholders` agreement is not a legal requirement and companies can only rely on their articles of association. However, a separate shareholders` agreement has a number of advantages: one must of course be careful not to seriously harm certain interests for the benefit of others. . . .