Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Business Law Unanimous Shareholders Agreement Assignment In the blank space indicate the name or type of clause to be used to have the desired effect.
Business Law Unanimous Shareholders Agreement Assignment In the blank space indicate the name or type of clause to be used to have the desired effect. 1.______________________ Clause. You would like to ensure that existing shareholders are offered any shares that may be offered by sale by other shareholders. 2._______________________Clause. You also wish to ensure existing shareholders have first rights to purchase any new share offering. 3._______________________Clause. You wish to protect minority shareholders in the event that majority shareholders attempt to negotiate a share sale price with a third party by making sure the minority shareholders are made the same offer for their shares. 4._______________________Clause. You wish to force minority shareholders to sell their shares at an agreed on price if the majority shareholders agree to accept a share purchase offer. 5._______________________Clause. You wish to ensure that share offered to shareholders upon sale or to directors upon appointment that their share offer is contingent upon meeting certain objectives or the passage of time. 6._______________________Clause. You wish to set out the method by which share valuation will be determined. 7._______________________Clause. You want to ensure that any shareholder offering to buy another shareholders position will be subject to selling his or her shares
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started