+46 8 791 8944 support@translegal.com

    tag along rightsnoun

    a contract term providing that if a majority shareholder sells its stake in a company then the minority shareholder has the right to join the sale and sell its minority stake
    When a shareholder seeks to sell its interest to a third party, tag-along rights enable another shareholder to co-sell its stake in the company under the same conditions as the selling shareholder.

    This is a limited preview!

    To see the full dictionary entry, Sign up for free or Sign in.

    To see an example of a full dictionary entry view one of the example entries jurisdiction, consideration, principal.