Question
Hello. Creating a negotiation agreement between three employees and a boss/owner who is retiring but owns 100% of the company along with his wife with
Hello. Creating a negotiation agreement between three employees and a boss/owner who is retiring but owns 100% of the company along with his wife with net assets of 20 million euros. The 3 employees want to acquire the company from the owner when he retires, but does not have the funds to buy out the owner. However, they want to come up with an agreement with the owner who also wants to protect his wife. What kind of agreement would be better beneficial to the three employees in this case. The agreement should include transfer of shares, reserved matters, corporate governance, voting arrangements, profit sharing, exits, drag along and penalty provision
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