Blasco SchneiderLegal & Corporate Counsel
Home›Corporate and company law›Shareholders' agreements and side agreements›Exit clauses
Shareholders' agreements

Exit clauses

Shareholders want to establish in advance how and at what price one of them may exit the business, or how to resolve a serious disagreement.

In one line

Exit clauses are contractual mechanisms for regulating a shareholder's departure; they should not be confused with the statutory withdrawal right provided for by Law 19,550.

First steps

Why plan for exit in advance

Most corporate conflicts worsen when there is no provision for how a shareholder exits. Setting out the terms of departure in advance reduces uncertainty and protects business continuity.

These clauses address scenarios such as voluntary withdrawal, default, death, or a serious disagreement, establishing who may buy, under what conditions and at what value.

Common mechanisms

We work with put and call options, preemptive rights, valuation clauses and pricing formulas, and deadlock-resolution mechanisms, always aligned with the bylaws and Law 19,550.

We design the valuation method with particular care, since it is often the most sensitive point: a clear formula avoids disputes when the exit is carried out.

Common mistakes

Frequently asked questions

What is an exit clause?
A contractual mechanism that regulates how and at what value a shareholder may exit the business.
Is it the same as the statutory withdrawal right?
No; withdrawal is a statutory right under Law 19,550, while exit clauses are agreed upon between shareholders.
How is the exit price determined?
Through a valuation formula agreed upon in advance, which reduces disputes when it is applied.
This page is informational and does not replace professional advice on your specific case. It does not imply any promise of results.

Plan for shareholder exits before you need them

We design clear, enforceable exit clauses. Contact us to review your case.

Ask via WhatsApp