Statement : Two groups of companies set up a company based in France (Socit rsponsabilit limite - a Limited Liability Company) with an initial capital of 10.000 Euros under a 50%-50% basis. They plan to jointly run an innovative automotive business and they estimate financial needs up to 1.000.000 Euros. The two entrepreneurs are concerned about legal consequences deriving from this desired investment as well as their ability to avoid future disagreements between them. Are they risking management deadlocks of their company ? How could they avoid them?

Question:

- Draft two of the conditions that should be included in their agreement in order to avoid future disagreements between them with the creation of their new company.