Investor Shelf

Glossary

Shotgun clause

A contractual mechanism in shareholder agreements where one shareholder specifies a price per share and the recipient chooses to either sell their stake or buy the offeror's stake at that price.

Source: Shotgun Clause and the Contractual Resolution of Deadlocks Between Shareholders (Academic research) · p.3

Have a question about Shotgun clause? Ask the AI, answers cite the source.