Yes, shareholders may choose to include non-compete or non-solicitation clauses within their Shareholder Agreement.A non-compete clause serves to prevent shareholders from competing with the corporation both while they are a part of it, and for a length of time afterward. It protects the corporation by ensuring that shareholders will not attempt to attract clients or customers away from the company.A non-solicitation clause is what prevents current or former shareholders from encouraging other shareholders, officers, or directors to leave the company for a certain period of time. It serves to ensure that current employees aren't induced to leave the corporation by an owner.