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    Directors Rights in a company
    In the forming of a new company where there are two directors, if one director puts up all the finance and the other director brings to the company goodwill and knowledge but no cash, what percentage is each of the directors entitled to?......and does this affect the amount of profit each one is entitled to per month, year etc?


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    Re: Dirctors rights in a company
    This is normally dealt with by the allocation of shares/stock: which is determined by agreement between the two of you.

    Note: if you read other threads in this forum, you will see that it is a good idea to make that agreement formal, via a contract.


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    #3
    Join Date
    Nov 2014
    Location
    USA, California, San jose
    Posts
    20
    Directors and shareholders are having two different roles in a company and there rights are also different. The shareholders own the company and the directory manage it, they make a total rules and guidance for other directors and employees. Directors participate actively in the board's work or meeting. All directores are remain independent in their analysis, judgement, decision making and action. All directores can hold at least 1,000 registered shares through out their terms.


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    This is normally dealt with by the allocation of shares/stock: which is determined by agreement between the two of you.


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    thanks for sharing with us


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    thanks for sharing with us


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    thanks for sharing with us


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