Share Control Clause Samples

The SHARE CONTROL clause defines how decision-making authority and management responsibilities are distributed among parties who jointly own or control a particular asset, entity, or project. In practice, this clause typically outlines the procedures for making key decisions, such as requiring unanimous consent for major actions or specifying voting thresholds for routine matters. By clearly delineating how control is exercised and shared, the clause helps prevent disputes and ensures that all parties have a defined role in governance, thereby promoting transparency and balanced participation.