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shareholders' agreement |
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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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? References in periodicals archive |
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Benthos publicly filed a Form 8-K with the SEC containing the terms of the definitive merger agreement and shareholders agreements, and mailed a proxy statement to shareholders of Benthos in connection with the proposed transaction. Benthos will publicly file a Form 8-K with the SEC containing the terms of the definitive merger agreement and shareholders agreements, and will mail a proxy statement to shareholders of Benthos in connection with the proposed transaction. The transaction is based on pre-existing rights under shareholders agreements and is made at a value derived from the amount of initial contributions made by TIW Asia shareholders. |
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