4.3 If some shareholders accept an outside offer to purchase at least 75% (or 90%) all common shares, all shareholders (including all shareholders who have not accepted the outsider`s offer to purchase) are required to sell all their common shares abroad under the same conditions if the foreigner wishes to acquire such shares, and only if the purchase price is at least in line with the valuation plan. which is attached to this agreement as a schedule B. (This section simply ensures that shareholders cannot be diluted by allowing the company to issue more shares. It gives shareholders the right to participate in proportion to new sales of public treasury shares.) PandaTip: This can be a common topic for shareholder disputes, everyone thinks the other doesn`t work hard enough, always overpaid, etc. The use of detailed employment contracts or the placement of these conditions here can help defuse future disputes. Shareholders are individual companies that hold “shares” in a company. The shares are representative of the property, so that the shareholders are the true owners of the company. Directors are people who help manage the broader structure of the company and act on behalf of shareholders. Directors help a company cling to its stated mission and are often the people who choose officers. Right to first refusal: If a shareholder wishes to sell his shares and part of the company, he must first propose to sell his shares at fair value to other shareholders. If the shareholders cannot buy them, the selling shareholder can offer them to a third party.
3.5 If more than one bidder has sent the seller a notice of purchase indicating his willingness to acquire the proposed shares, the purchasers purchase all the shares including the shares proposed in the parts they may agree to or, if no agreement has been reached, in each buyer`s share ratios, calculated without reference to the seller`s shares. In summary, this internal document can protect shareholders by confirming that everyone agrees with the company`s rules and can also be used to refer to them in the event of future litigation. This agreement is made from the request of the deceased`s estate, the company will purchase all the free movement shares of the deceased`s estate at a price corresponding to the last agreed valuation of the Schedule B company, provided there is appropriate key insurance. Otherwise, the deceased`s estate may offer the shares in accordance with this agreement. In the shareholder contract, shareholders may agree to limit the processing of shares when a shareholder wishes to leave the company. 3.7 Any offer to buy shares of a foreigner must include the condition that the foreigner agrees to become a party to the agreement on the basis of the acquisition of the shares. List of all parties to this agreement, with their names, addresses and number of shares held in the company. Even in companies with few shareholders, a shareholder contract should be created. The contract should be active before the company begins operations to ensure that all shareholders agree on their content.
(a) shareholders may mortgage their shares as collateral for all obligations they have incurred, provided that the pawnbroker executes a written agreement, provided that the taker is subject to all the terms of this agreement. In the event that a candidate on the board of directors of one of the shareholders does not vote on the provisions of this agreement and acts as a director, the shareholders agree to exercise their right as shareholders of the company and in accordance with the company`s statutes, to remove that candidate from the board of directors and to elect such a person on the spot or even in their place who will do its best to implement the provisions of this agreement. , but only if the shareholder whose candidate has been withdrawn does not appoint a successor within fourteen days of the date on which the candidate was withdrawn.