Signed Shareholder Rights Agreement Made Easy

Signed shareholder rights agreement

hello my name is dr. Brett Davies what's the difference between a director of a company and a member of a company so member shareholders the same thing so if you're a shareholder member it's the same thing a director is a person a human being it has to be a human being that looks after the the running of the company it's the it's the person or persons looking after the company the member or shareholder is the lucky person owns that shares in the company so the shareholder can sit back and as you might do would say bhp or Woodside you're probably not a director of bhp or Woodside but they've got four hundred thousand shareholders so they sit back and they wait and listen to what the directors have to say about the company passive perhaps members shareholders are quite passive but once a year they have their say and they can vote in or vote out the directors so important role and all dividends and payments and ownership of the companies with the members but the day-to-day management is with the director or direct doors if you've got more than one director they're very different creatures now you can be both a director and you can own the shares in fact you could be the sole director and be the sole shareholder that's one of the beautiful things of companies in Australia many other countries require that you have different people many other countries require you have two or more directors not in Australia you can have one director and that director own all the chairs now if you're running an asset protection strategy of the that's that's called the man of straw and the woman of substance so you're married to someone and your wife it's a safe harbor put all the shares in her name don't let a beer director and you hold the directorship which is the high-risk vehicle obviously if you turn that self-managed superfunds it's different because self-managed superfunds have the same directors and say members the sovereign super fund but enough about where your company's a corporate trustee of a soft and super fund in a normal company you can have one director one shareholder or you can mix up a bit now if you need a help or hand with this question telephone us we're a law firm and we can give you legal advice that's in vantage of your directly with all