Jan 30, 2012

Highlights of Considerations for a Shareholders' Agreement

Some of the issues typically dealt with in a shareholders’ agreement and relating to the general running of the business of the Corporation are as follows:

number of directors who is entitled to be represented on the board of directors quorum at meetings of directors officers quorum for shareholders’ meetings bankers of the Corporation or how the banker is to be selected signing officers for the bank signing officers for other instruments and documents decision making what decision can be made by simple majority, what requires larger majority and what %age will that be, what requires unanimity of all shareholders

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Photography by Iman Mosaad