Shareholders' Agreements · glossary
The director who runs the company day to day: Dr Imogen Sayer. She sits on the board because of her job, not by an owner's appointment. Appointing or removing her needs both funding owners' consent, so neither can remove her alone. Clause 4.4 · Schedule 2, item 10 · 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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