Whether it was because they didn`t want to bear the costs or because they thought it was too heavy (or whatever the reason), these shareholder agreements were a waste of time. At least with a fully thought-out shareholders` agreement, there is a chance to avoid persistent quarrels and blockages and reach a solution. Once you`ve decided to create a partner agreement, you need to look at the topics you want to include. It may be impossible or, at best, difficult for you to remove directors if you have not guaranteed this power in the shareholders` agreement. The process of the Companies Act can be accelerated by the shareholders` agreement. In practice, when a director does not show up, a delay in his distance can be commercially detrimental to the company.