Barber Shop Shareholder Agreement Generator

Fade & Co Barbershop Ltd ("the Company") is a limited company operating premium barbershop premises offering haircuts, beard grooming, and gentlemen's grooming services. "Premises" means each retail unit leased or owned by Fade & Co Barbershop Ltd from which barbering services are delivered, including all fixtures, barber chairs, wash stations, and waiting areas. "Chair Licences" means arrangements under which individual barbers operate from designated stations within the Premises, whether as employees, booth renters, or self-employed contractors under licence agreements with Fade & Co Barbershop Ltd.

"Shares" means all ordinary shares in the capital of Fade & Co Barbershop Ltd. "Brand Assets" encompasses the Fade & Co name, logo, interior design concept, social media accounts, and booking platform. "Client Book" means the database of customer records, appointment histories, and contact details maintained through the booking system. Fair Market Value shall be determined by an independent valuer considering the Premises lease terms, Chair Licence revenue streams, Client Book size and retention rates, Brand Asset recognition, equipment condition, and average weekly turnover per chair across all locations. References to legislation include amendments and statutory re-enactments.

Fade & Co Barbershop Ltd has an authorised share capital of 1,000 ordinary shares. The founding barber holds 60% of the issued capital, reflecting the original concept, Client Book built over years of personal client relationships, and the brand identity that distinguishes Fade & Co Barbershop Ltd in a competitive high-street market. An investor shareholder holds 40%, having funded the Premises fit-out, barber chair procurement, and initial marketing campaigns.

Chair-based revenue structures create a unique equity consideration. The shareholders acknowledge that individual barbers generate revenue through their personal client followings, and that shareholder value depends on retaining high-performing chair holders. Pre-emption rights attach to all shares. Any proposed issuance of new shares to incoming barbers or managers must first be offered to existing shareholders on a pro rata basis. The founding barber's shares are subject to good-leaver and bad-leaver provisions tied to continued active involvement in the Premises.