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Mike, Andrew, John and Peter are some of the shareholders of the company ABC Inc. They are detaining together 40% of the shares containing the

Mike, Andrew, John and Peter are some of the shareholders of the company ABC Inc. They are detaining together 40% of the shares containing the right to vote.

On December 15th 2019, they signed an agreement containing a preemption right, also known as the right of first refusal.

Indicate which are the effects of this agreement if one of the shareholders want to transfer its shares.

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