Shareholders agreements gets executed at the time of investment of funds in Company. It can be either start ups or at any later stage of the Company. This agreement defines terms and conditions for investment.
Defining terms of investment
Defining rights of investors in management
Defining returns and tag along/drag along terms.
Defining second rounds of funding.
Defining Exit plans
Defining roles of promoter and his rights and obligations.
There is element of valuation of project report and business plan attached to this agreement.