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When I hear stories like this, it’s always puzzling why shareholder agreements are such minefields. Is it realistic to sign an agreement without this “compulsor
by wruza 4y ago
When I hear stories like this, it’s always puzzling why shareholder agreements are such minefields. Is it realistic to sign an agreement without this “compulsory transfer on call” bs at all? I mean, probably these clauses are there to protect everyone, but not in this case it seems.
- diamondage 4y agoActually, the share agreement is a little vague, but fine in this instance - there is a clause that says there is no obligation for shareholders to participate in the cash call. Problem is how to refute it, and work together (if at all) going forwards.