Shareholders' Agreements · glossary
The directors each funding owner appoints. Ferris, which holds the A Shares, appoints up to two A Directors, and Aldous & Wren, which holds the B Shares, up to two B Directors. Each owner appoints and removes its own directors by written notice to the company. Clause 4.2 · Clause 4.3 · Chapter 3
Explained in Chapter 3, The Board, of Shareholders' Agreements.
Clause 4.1 sets a board of up to five directors. Ferris holds the A Shares and appoints up to two A Directors. A&W holds the B Shares and appoints up to two B Directors. The fifth director is the Managing Director, and the chair is one of Ferris's directors.Read Chapter 3, The Board →
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