About This Course
Just as there can only be one captain of a ship, any corporation or LLC with more than one owner needs a prescribed chain of command, ideally pre-arranged and in written terms. This written agreement must set forth terms regarding governance of the company, how managerial decisions will be made, and by whom. Included in these agreements are also buy/sell terms, particularly relevant in the case of death, disability, retirement, etc. Presented in two parts by corporate specialist Richard Waxman, this CLE course will begin with an overview of Shareholder and Operating Agreements, which will mainly focus on governance provisions and buy/sell provisions. The course will then delve into practical recommendations for start-ups as well as tips and strategies to reduce legal fees and streamline the agreement process.
