Wyoming Subscription Agreement and Shareholders' Agreement are legal documents used in the formation and administration of businesses in the state of Wyoming. These agreements outline the terms and conditions related to the purchase of shares and the rights and obligations of shareholders in a company registered in Wyoming. The Wyoming Subscription Agreement is a contract that governs the sale and purchase of shares in a Wyoming-based company. It outlines the terms of the offering, including the number of shares, the purchase price, and any restrictions or conditions associated with the sale. This agreement is typically used when a company wishes to raise capital by issuing new shares to investors. There are different types of Wyoming Subscription Agreements, including: 1. Common Stock Subscription Agreement: This agreement is used when a company offers common stock to investors. Common stock represents ownership in the company and typically carries voting rights. 2. Preferred Stock Subscription Agreement: Unlike common stock, preferred stockholders have priority over common stockholders when it comes to dividends and liquidation preferences. This agreement governs the sale of preferred stock in a Wyoming-based company. The Wyoming Shareholders' Agreement, on the other hand, is a legally binding document that outlines the rights, responsibilities, and obligations of shareholders in a Wyoming company. This agreement governs the relationship between shareholders, their decision-making processes, and their roles in the company's operations. Different types of Wyoming Shareholders' Agreements may include: 1. Voting Trust Agreement: This agreement allows shareholders to entrust their voting rights to a designated voting trustee who votes on their behalf. It ensures efficient decision-making and prevents conflicts among shareholders. 2. Buy-Sell Agreement: This agreement outlines the procedures for buying and selling shares between shareholders. It sets the terms for exit strategies, such as situations where a shareholder wishes to sell their shares or in the event of death or disability. 3. Share Vesting Agreement: A vesting agreement is used to restrict ownership of shares until certain conditions are met, such as the completion of a certain period of service or the achievement of specific milestones. This protects the company's interests by ensuring that shareholders remain committed to the company's success. In conclusion, Wyoming Subscription Agreement and Shareholders' Agreement are essential legal documents in the business landscape of Wyoming. They ensure clarity and protection for both the company and its shareholders. The types of these agreements include Common Stock Subscription Agreement, Preferred Stock Subscription Agreement, Voting Trust Agreement, Buy-Sell Agreement, and Share Vesting Agreement. It is crucial for businesses to consult with legal professionals to draft agreements that suit their specific needs and comply with Wyoming's corporate laws.