6.1 This contract may be terminated by the Company with a period of several months, up to the end of a month and by the director with a monthly number until the end of a month. In the absence of a shareholders` pact, shareholder disputes are settled by reference to the by-law. This may not provide an acceptable solution and does not provide adequate protection to a shareholder. Caunters have a lot of experience in taking care of our professional customers. We work closely with you to ensure that we fully understand your needs, and then we develop an agreement specifically tailored to your needs. 7.2 If the director due to illness has not been able to perform his work during a period of number of months during a period of number of months, the company has the right to terminate the contract with the period of months number at the end of the month. In the absence of clear documentation of how these situations are managed, it can be very difficult to separate these different roles when the relationship between the director and the company or between two directors breaks down. It allows managers to convince candidates to sign employment contracts when they hire their employees, since they have signed a contract based on the same model. This ensures that staff members are set for all employees. This will reduce the time required for negotiations and, therefore, total expenses. A director`s service contract generally includes the following provisions, each of which plays an important role in the relationship between the director and the company: If you want to start a business and make sure that you are fully prepared for any eventuality, you should seriously consider entering into a management and shareholder agreement. If things don`t go as planned in the future, you`ll have the comfort of knowing that there is a clear and unequivocal process that will save you a lot of time, effort and money.
The considerable cost of litigation can be frightening in the event of litigation. Beyond these factors, a director`s agreement creates a security of compensation. It allows the director to ensure that he/she is adequately compensated, and if the provisions are placed at the beginning or at an early stage of the transaction, it would be difficult to change if more shareholders are to be enerated. At MBM Commercial, our team of labour law experts advises on the most appropriate and important provisions to include in your GENERAL Manager`s service contract and provides a comprehensive contract that oversees your particular circumstances.