Walter died suddenly whilst conducting an experiment. Jesse subsequently discovered that he was joint heir to Walter's share of the business, with Walter's colleague, Hank, being the other beneciary. This means that Jesse now holds 50% ofthe shares, Hank 44% and Jane 6%. The business remains strong and very protable. Hank was initially reluctant to be involved in the running of the company, but nds he enjoys being a substantial shareholder, such as having a nice company car and recognition of his position. Hank does not get involved with the day to day workings of the company. In fact, on the rare occasions that he does turn up to attend company meetings, he usually follows the advice of his friend Dwight Schrute, who has no apparent interest in the company. With regards to company directorship, what does Hank need to be aware of