On Tue, 2010-08-24 at 21:46 +0200, david blanchard wrote: > [David] I think we need it now or at least have some kind of BSA for > the Association. Else, if we add the association as a shareholder > during the next round, the valuation will be higher and it will be an > issue to find the funds for the 5% of the association.
Agreed - I'm just pointing out the fact that the paperwork for the association can delay the creation of the company; we'll need to be careful about that. > [David] Actually the company has no obligation to buy, it's an option > for other partners to buy the shares of the one who leaves. But you're > right, we need to tackle the case of a shareholder disagreeing but not > finding a buyer - it's bad for the company to keep him as a > shareholder if he is not implicated anymore. Maybe there is a way that > he keep the shares until he can sell but he loses the control related > to those shares - I don't know how it can be done but I added it as a > question in the document. Yup - definitely something to find out there. > > * Determine the valuation by expert in case of disagreement - > ok, > > but who is the expert, how is it chosen? > [David] no idea, but it might be useful to chose someone in advance > and not when the issue occurs. Let's discuss it with the lawyer. Yup! Xavier. _______________________________________________ Hackit Bar mailing list - [email protected] Wiki: http://community.hackit.cx/ List: http://community.hackit.cx/ml/ Forum: http://community.hackit.cx/forum/ Ideas: http://community.hackit.cx/ideas/ IRC: irc://irc.freenode.net/#politis
