The primary type of a shareholder waiver agreement is a Shareholders’ Waiver of Notice of Shareholders’ Meeting. Most corporations have bylaws that require that each shareholder be giving adequate notice of the annual, bi-annual, or quarterly shareholder meeting. Many times giving such notice can be expensive and time consuming for companies, as there can be thousands or tens of thousands of shareholders of company stock. Thus, companies will often require shareholders to sign shareholder waiver agreements waiving (i.e. relinquishing) their right to receive notice. The shareholders accept this because they are able to take note of the date of the meeting and put it on their calendars well in advance.

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