For example, Pat, Chris and Jean are the founding shareholders (the “founders”) of the company and Mikey is an angel investor; It also describes the fundamental responsibilities of shareholders to the group: things like how shareholders deal with business opportunities, restrictions on the sale of shares and what will happen if the group needs more money. (the above give shareholders some influence in the event that a useless candidate is appointed. First, this should not be a problem, as shareholders also act as directors.) (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. (b) To the extent that the founders received shares (“founding shares”) in the company against nominal consideration, the founders agreed that the shares covered in Schedule A of this agreement would be subject to the provisions of free movement. Vesting means that the shares are subject to cancellation or repurchase at the cost of acquisition by the company, unless specific time events occur. In the event that the company is acquired by a third party or a third party, all shares subject to intrusion will be transferred in full on that date. 6.3 In the event that one or more of the shareholders are authorized to sell, sell, transfer, transfer or transfer one of its shares to a person, company or company other than any of the parties involved, this transfer is not made or effective and no application for registration of such a transfer is made to the company until the proposed purchaser has entered into an agreement with the other parties with the same effect as the and any other agreement. with the company in which the ceding company is involved. PandaTip: When developing this section, think about anything that would embarrass a shareholder if the action were taken without them speaking, perhaps in certain types of business transactions, attitudes or other important measures. The content of a shareholder contract depends on the company and the shareholders, but generally addresses: a) the founders agree, as long as they are employed by the company, they will devote their full time and attention to the company and conclude a management agreement with the company.
While they are employed and will not engage in directly competing activities for a period of two years after they have ceased to be employees of the company.