Shareholder Agreement Sec

(viii) to Igloo Co-Invest, to LLC, pursuant to points 11.01 or 11.03 of the Co-Invest LLC Agreement, or to a parallel investment company pursuant to the provisions of the Enterprise Agreement (or other similar relevant document) similar to Sections 11.01 and 11.03 of the Co-Invest LLC Agreement (a „parallel investment transfer“); (d) The size and composition of the Board of Directors may be changed by mutual written agreement of the Sponsors. Notwithstanding the above sentence, the Promoter who is such a Destination Sponsor (the „Control Sponsor“) is permitted to change the composition of the Board of Directors at its discretion and without the consent of the other Sponsor (including, if the Control Sponsor so wishes, has the right to send a majority of directors to the Board of Directors), subject to compliance with such other 153s Board Sponsor designation rights in accordance with this Section 3.01; where applicable. (i) certify that neither the sponsors nor any of their respective associated companies have any other obligation to any other shareholder, nor to the company, holding companies, IDC or any of their respective subsidiaries; Many entrepreneurs who create startups will want to design a shareholders` agreement for the first parties. This should clarify the original intentions of the parties; In the event of a dispute, as the company matures and changes, a written agreement can help resolve the issues by serving as a point of reference. Entrepreneurs can also include who can be a shareholder, which happens when a shareholder is no longer able to actively hold their shares (e.g. .