The document defines the rights of shareholders, for example. B the right to dividends when they are declared, the right to vote, the right to participate in the company`s decision-making process, etc. The document also outlines the alliances and representations of the contracting parties. 6.3 In the event that, under the terms of this agreement, one or more of the shareholders may sell, sell, transfer, transfer, transfer or transfer one of its shares to a person, company or company other than any of the parties involved, the transfer is not made or effective and no application to register such a transfer to the company is made until the purchaser has entered into an agreement with the other parties agreement and any other agreement. with the company in which the ceding company is involved. Social capital is the financing that the company receives from the stock allocation. This form filler makes available to the company the social capital as well as the participation of each shareholder of the company. Note that under the CAMA Companies and Allied Matters Act, a company is not authorized to award all shares, but must distribute at least 25% of its shares to shareholders. THIS ACCORD CONFIRME THAT the parties to this agreement, taking into account the premises and reciprocal agreements, agree as follows: 3.5 If more than one bidder has given the seller a notice of purchase indicating his willingness to buy the proposed shares, the purchasers will buy all the shares that include the shares proposed in the shares they may agree to, or, if no agreement has been reached. , in each buyer`s share ratios, calculated without reference to the shares. (This section simply gives a smaller shareholder the right to “participate” if a group of shareholders holding the majority of the shares wishes to sell its shares. Similarly, if most shareholders receive an offer from a buyer for 100% of the company, some shareholders may be “coached” and forced to sell their shares) The parties to this agreement are the company (whose shares are issued to shareholders) and the shareholders. Note that a shareholder can be either a natural person or a corporation.
In other words, can be an individual or an organization. At this point, shareholders must have a similar view of what they receive and what they offer the company. If, on that date, there are differences between the shareholders and they do not wish to participate in the agreement, you should consider this as a warning. They may also have difficulties with these people in the future. 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 timetable B.