Article 30 of Companies Law

The founders, shareholders or partners may, during the period preceding or following incorporation, conclude an agreement regulating the relationship among them. This agreement may not contain a condition exempting the founders or any of them from liability arising from the incorporation of the company, nor may it contain any other conditions stipulated to apply to the company unless those conditions are approved by the competent body within the company. The shareholders’ agreement shall be binding on its parties. In the event of its breach, the parties to the agreement may apply to the judge of interim matters to obtain an order on petition excluding the shares or ownership interests subject to the agreement from voting for a period determined by the judge issuing the order or until the merits of the dispute are decided before the competent court, unless otherwise agreed.