A Shareholder Waiver Agreement is a legal contract by and between a publicly traded corporation, on the one hand, and one or more of its shareholders, on the other. Varying in their subject matter, in such agreements shareholders could be waiving their right to receive dividends, to receive a notice of a meeting (which would otherwise be required under the corporation’s bylaws), or the right to take part in a vote. Essentially, any time a company wants to do something without gaining shareholder approval they must execute a shareholder waiver agreement with its shareholders assuming that the bylaws provide shareholders with the right to do what it wants to do.

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