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Yes, the agreement can usually be modified, but only with the consent of all parties involved, ensuring everyone is on board with any changes.
If a shareholder wants to exit, the agreement has provisions for how to handle this situation, including offering their shares to existing shareholders first.
The agreement lays out how major decisions are made, often requiring consent from key stakeholders to ensure everyone has a say in the process.
Yes, the agreement typically includes restrictions to ensure shareholders cannot sell their shares without consent, keeping control within the intended group.
Shareholders have specific rights regarding voting, transferring shares, and participating in major decisions that affect the companies.
The main players are GST Telecommunications, Inc. and Ocean Horizon, SRL, which have come together to collaborate and share resources.
The agreement is meant to set the rules for how both companies work together, protect their interests, and manage their ownership stakes.
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Austin Texas Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL