A shareholders` pact (sometimes called the U.S. Shareholders` Pact) (SHA) is an agreement between shareholders or members of a company. In practice, it is analogous to a partnership agreement. It can be said that some legal systems do not properly define the concept of a shareholders` pact, regardless of the definition of the particular consequences of these agreements. There are advantages to the shareholder agreement; to be precise, it helps the company maintain the absence of advertising and maintain confidentiality. Nevertheless, some drawbacks should be taken into account, such as the limited effect on third parties (particularly assignees and stock buyers) and the change of agreed items may take time. Many entrepreneurs starting start-ups will want to develop a shareholder contract for the first parties. The objective is to clarify what the parties originally intended to end; In the event of a dispute, when the business becomes due and changes, a written agreement can help resolve the problems by acting as a reference point. Entrepreneurs can also include who may be a shareholder, which happens when a shareholder is no longer able to actively hold his shares (for example. B is disabled, dies, resigns or is fired) and is allowed to become a member of the board of directors. and, therefore, if corporate law is applied exclusively, only the majority shareholder can appoint all members of the board of directors. The amendments to the OTE statutes necessary for the full implementation of the shareholders` pact were approved at the extraordinary general meeting of the OTE on 6 February 2009.
As with all shareholder agreements, an agreement for a startup often includes the following sections: A shareholder contract contains a date, often the number of shares issued, a capitalization table (or “cap”) that defines shareholders and their shareholding, possible restrictions on the transfer of shares, the pre-emptive rights of current shareholders to acquire shares (in the case of a new issue) , and payment details in the event of a sale of a business. The agreements are suitable for all companies, from small and medium-sized enterprises to the publicly traded company. In addition, a shareholder pact can also define qualified majorities for certain important decisions, such as the sale of the company.B. Shareholder agreements are different from the company`s statutes. If the statutes are mandatory and the management of the company`s activity, a shareholders` pact is optional. This document is often developed by and for shareholders and sets out certain rights and obligations. It can be very useful if a company has a small number of active shareholders. The signing of the shareholder contract triggers a mandatory takeover offer, which must be made by America Movil. The shareholders` pact will enter into force after the conclusion of all regulatory approvals, such as merger control, the telecommunications supervisory authority, the financial markets authority. Der Gesellschaftervertrag sieht vor, dass die Gemeinde Bedburg einen Anteil von bis zu 49 Prozent am nerdlich der Stadt geplanten Windpark `bernehmen kann.