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shareholders' agreement |
Also found in: Wikipedia | 0.01 sec. |
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shareholders' agreement n. an employment agreement among the shareholders of a small corporation permitting a shareholder to take a management position with the corporation without any claim of conflict of interest or self-dealing against the shareholder/manager. Such agreements are common when there are only three or four shareholders. |
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But Landfield and Rhodes wanted to come up with a shareholder agreement that would guarantee all contributions would be treated as investments, with eventual returns that hopefully would be at least on par with mutual fund payouts. The lawsuit alleges fraud, intentional fraudulent transfer, a breach of fiduciary duties, breach of shareholder agreement, and breach of written promissory note. After the signing of a shareholder agreement between the transport minister of Gabon and Royal Air Maroc President and GM Driss Benhima, the new carrier will begin operations at the end of the first quarter with a fleet of two aircraft, probably 737-700s. |
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Shareholder agreement
