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shareholders' agreement |
Also found in: Wikipedia | 0.04 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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? References in periodicals archive |
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3% of the outstanding shares of SAGA, have entered into a stockholders agreement with Software AG in which Thayer Capital and Dan Gillis agree to vote in favor of the merger. Ricketts under the terms of the Company's Stockholders Agreement. Under the terms of the current Stockholders Agreement, MatlinPatterson has the right to designate three members of the Ormet Board of Directors as long as the MP ownership interests exceeded 25 percent of the outstanding stock. |
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