INTRODUCTION A Shareholders’ Agreement is an agreement amongst the shareholders of a company. When a company is created‚ its founding shareholders determine how a company will be owned and managed. The Shareholders’ Agreement establishes rules to govern the relationship between two or more owners of a company. Without a shareholders’ agreement in place‚ the rules that apply are in the applicable corporate statute. The shareholders’ agreement creates an overlay that addresses issues created or left
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general rule. A contract is a legally binding agreement. Stated another way‚ "a contract is a promise or a set of promises for the breach of which the law gives a remedy‚ or the performance of which the law in some way recognizes as a duty." (Restatement‚ Contracts‚ 2d) study hint. The essence of a contract is that (1) by mutual agreement (2) parties create obligations that can be legally enforced. 2. ELEMENTS OF A CONTRACT Elements of a valid contract are: (1) an agreement; (2) competent
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Transitive and Intransitive Verbs Depending on the type of object they take‚ verbs may be transitive‚ intransitive‚ or linking. The meaning of a transitive verb is incomplete without a direct object‚ as in the following examples: INCOMPLETE The shelf holds. COMPLETE The shelf holds three books and a vase of flowers. INCOMPLETE The committee named. COMPLETE The committee named a new chairperson. INCOMPLETE The child broke. COMPLETE The child broke
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------------------------------------------------- REPURCHASE AGREEMENT (“REPO”) / RESERVE REPO 1. Definition A REPO is a money market transaction wherein securities are sold at a particular price by one party (REPO Seller) to the other (REPO Buyer) with a commitment on the REPO Seller’s part to repurchase the equivalent securities from the REPO Buyer on a certain date and at a certain price‚ both such date and price being fixed as part of the transaction. | A Reserve REPO is a money market
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Employment Agreement (Sample) THIS AGREEMENT made as of the ______day of__________________‚ 20__ ‚ between [name of employer] a corporation incorporated under the laws of the Province of Ontario‚ and having its principal place of business at _______________________(the "Employer"); and [name of employee]‚ of the City of ____________________in the Province of Ontario (the "Employee"). WHEREAS the Employer desires to obtain the benefit of the services of the Employee‚ and the Employee desires to render
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cat out of the bag and told Kim about the party. 5. I don’t care if she was crying‚ they were probably only crocodile tears. 6. Henry is comfortable in every situation. He never seesm to feel like a fish out of water. Unit 4: Phrasal Verbs come down with: fall ill with I think I’m coming down with flu come by: find‚ obtain Jobs are hard to come by these days die out: become less common and eventually disappear completely This species has nearly died out because its
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Change the following sentences into untrue conditional statements. In order to do this exercise correctly‚ you must 1. Decide if the sentence is about situation B or C‚ 2. Use the appropriate conditional verb forms for the if and result clauses (look at the chart in Lesson 2 on conditional verb forms). 3. Total 25 points Example 1: Maria feels tired all the time because she goes to bed so late. RESULT CONDITION (B) But if Maria didn’t
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8. Deixis. Exercises Directions After you have read Unit 8 you should be able to tackle the following questions to test your understanding of the main ideas raised in the unit. Provide a definition. 1 You should understand these terms and concepts from this unit: * Deictic words. – Is the word which takes some element of its meaning from the context. * (Deictics) context. - * Reported speech. – Used to communicate something that someone said. 2 What parts of speech can function
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construction (20% of jobs‚ manufacturing (19% of jobs)‚ and services (19% of jobs). Module 16: Changing Verbs from Passive to Active Identify the passive verbs in the following sentences and convert them to active verbs. In some cases‚ you may need to add information to do so. You may use different words as long as you retain the basic meaning of the sentence. Remember that imperative verbs are active too. 1. The Marketing team wrote the Problem Solving Report. 2. You must take personal leave
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BUSINESS CONDUCTING AGREEMENT ------------------------------------------------------- This Business Conducting Agreement made on this ___ day of ________ 2009. BETWEEN Mr/Mrs ________________________________________________ hereinafter jointly referred to as the Owners (which expression shall‚ unless it be repugnant to the context or meaning thereof‚ be deemed to mean and include its successors and assigns) on the FIRST PART AND M/S. ___________________________ a Partnership firm incorporated
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