Employment Lawyers Can Answer Your Employment Law Questions
Good evening. Welcome to just answer and thank you so far for your patience. I can give you the general view that unless barred in the articles a company can exercise their right to but back shares as I would imagine it would be untenable to allow you to hang on to the shares when you are no longer an employee. The formulae for calculating the share value I would expect to be either in your contract of employment or in a document specifically dealing with your shareholding,
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Hi, thank you for your message. To review formal documents JA charges a premium service I will ask them to send you the offer for your consideration.
Good evening, it is understandable. Have you quoted this part correctly : 19.1.2 transfer without payment to the Company
Hi, thank you for your message and yes it means the company is entitled to transfer of the shares back to them without making any payment to you.
You are very welcome. All the best