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Free Shareholders Agreement Template Word South Africa – EMI
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Free Shareholders Agreement Template Word South Africa

« The shares represented by this certificate are only transferable in accordance with a shareholders` pact on the date « I`m going to be a no-go-like » « I`m going to be a no-go-like » Search for keywords (z.B. « Sales Contract ») Advanced search 8.4. All repayments of the company to shareholders are made in proportion to their respective credit accounts, but to the extent that a shareholder`s loan account exceeds its proportionate share on the basis of its shareholding in the company, that surplus is repaid in the first place. 2. a) The Company will not carry out any of the following measures without the unanimous agreement of all shareholders:i) issue additional shares of a class or 10.3 securities. Dividend payments require that the company`s officers be reasonably satisfied, that the solvency and liquidity requirements required by law have been met, and that shareholders are in good faith satisfied with the requirement of caution with respect to the company`s compliance. This shareholders` pact is up to date with the new Companies Act, which came into force on May 1, 2011. There is currently an amendment to this law that was recently signed in The Grand Market, if you buy this model of shareholder contract and changes this document to change in one way or another, you will receive an updated version for free. 10.1. Shareholders have the power to declare dividends or other payments to shareholders. Any shareholder who plans to transfer shares first proposes these shares at the purchase value, as defined by the company for a period of thirty (30) days, and then, to the extent that such an offer is rejected or not accepted by the company within that time, these shares have been offered to all other shareholders for a period of ten (ten) days at the purchase value , in proportion to the number of such shares they hold.

Each of these offers must be made in writing and indicate the number of proposed shares, the name and address of each person proposed for the transfer, as well as the price per share and other conditions under which any transfer in accordance with the transfer must take place; and any such offer may be accepted by the bidder in whole or in part while the offer continues.

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