Campground Shareholder Agreement Generator
Generate a professional campground shareholder agreement covering share classes, voting rights, dividend policies, transfer restrictions, and exit provisions.
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This preview shows 2 of 15 sections. Your full generated document is significantly longer.
Prepared for
Timber Ridge Campground
Definitions & Interpretation
Timber Ridge Campground ("the Company") is a limited company operating a recreational campground and outdoor hospitality facility. "Site" means the land, pitches, cabins, amenity blocks, reception building, camp store, and recreational areas comprising the campground. "Pitches" means individual tent sites, RV hook-up sites, glamping units, and cabin accommodations available for guest booking. "Operating Permits" means all planning consents, environmental permits, fire safety certificates, and health department approvals required to operate the campground.
"Shares" means all ordinary shares. "Amenity Infrastructure" means water supply, sewage treatment, electrical hook-ups, Wi-Fi networks, shower blocks, and communal facilities. "Season" means the annual trading period during which the majority of bookings and revenue are generated. Fair Market Value accounts for the Site freehold or lease, number and type of Pitches, Amenity Infrastructure condition, Operating Permit status, trailing Season revenue, advance booking data, and the campground's review ratings on outdoor recreation platforms.
Share Capital & Ownership
Timber Ridge Campground has 500 ordinary shares. The founder and site manager holds 55%, having acquired the Site, obtained Operating Permits, developed the Pitches, and built the reputation that sustains high seasonal occupancy. An outdoor hospitality investor holds 45%, contributing capital for Amenity Infrastructure upgrades, glamping unit installation, and marketing.
Campgrounds are land-intensive, seasonal businesses. Valuation must include a Site appraisal by a surveyor experienced in leisure property, combined with an income approach using trailing two-year revenue data. Pre-emption rights apply. Operating Permit continuity and environmental compliance must be confirmed before any share transfer.
Management & Decision Making
The founder manages bookings, Site maintenance, and guest services at Timber Ridge Campground. Board approval is required for adding Pitches, constructing new amenity blocks, entering tourism board partnerships, and capital expenditure above the annual budget.
Transfer Restrictions
Shares in Timber Ridge Campground carry pre-emption rights. Any transfer must address Operating Permit conditions, environmental compliance, and any mortgage or charge registered against the Site.
Dividend Policy
Timber Ridge Campground distributes dividends annually after the Season, reserving for Site maintenance, Amenity Infrastructure repairs, and a winter operations fund covering off-season fixed costs. Payments are proportional to shareholdings.
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Why campground businesses need a shareholder agreement
Campground businesses often involve multiple founders or investors with different expectations about growth, distributions, and exit timelines. A shareholder agreement tailored to the campground industry addresses sector-specific valuation methods, capital call provisions, and decision-making rights that generic templates miss. Without one, disputes over ownership, profit sharing, and strategic direction can destroy the business.
What your campground shareholder agreement includes
Plus all standard shareholder agreement sections
Frequently asked questions
When do I need a shareholder agreement?
As soon as your company has more than one shareholder. It is far easier and cheaper to agree terms upfront than to resolve disputes later.
What is the difference between this and articles of association?
Articles of association are a public document filed with the registrar. A shareholder agreement is a private contract between shareholders that covers additional rights and obligations.
Can I include vesting schedules?
Yes. You can specify vesting periods, cliff periods, and acceleration triggers for each shareholder or co-founder.
Is this suitable for investment rounds?
Our agreements include investor-relevant clauses like anti-dilution provisions, information rights, and consent matters. Have your lawyer review before signing with investors.
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