The agreement in principle is also subject to the approval of the antitrust authorities and certain Vitus shareholders. The shareholder agreement provides that the municipality of Bedburg can take over up to 49 percent of the planned wind farm north of the city. The main results of the negotiations are the agreement on a capital increase of Up to €1 billion for Telekom Austria and the Common Growth Strategy for Eastern Europe. The company has also committed to the banking consortium not to pay dividends to its shareholders during the term of the financing agreement. Consequently, on 5 November 2008, Deutsche Telekom acquired an additional 3% of OTE`s shares from the Hellenic Republic, which had the effect of fulfilling the shareholders` agreement. The largest single shareholder GSI Commerce Solutions, Inc. and, pending the extraordinary general meeting, the group of shareholders which is about to reach an agreement and which, therefore, applies exclusively to company law, only the majority shareholder could appoint all the members of the board of directors. The agreement in principle is subject to certain conditions of conclusion. Different securities are used: syndicate, pool of shareholders, pool agreement, consortium of shareholders, pact or shareholders` agreement, etc.
SKW Schwarz fully advised the partners of ODC Service GmbH, in particular in the design and negotiation of the sales contracts and the shareholder agreement. In addition, a shareholders` agreement can also define qualified majorities for certain important decisions, such as. B the sale of the business. Creation, preparation of financing rounds, preparation and negotiation of the necessary financing (investment contracts, shareholder contracts and documentation of company law) The execution of the shareholder agreement and the share purchase agreement also depended on Deutsche Telekom`s acquisition of 2% of OTE`s market shares, which was completed on 17 July. 2008, with a total value of €0.1 billion. CHSH advised ÖIAG on the shares of Telekom Austria during the negotiation and conclusion of a shareholders` agreement with America Movil. BluePatent and Steelhouse Ventures Limited (SVL), a British investment company based in Berlin, have signed a shareholders` agreement. The agreements are suitable for all companies, from small and medium-sized enterprises to listed companies. In addition, on 6 February 2009, OTE was fully consolidated with the implementation of the shareholders` agreement. With the implementation of the shareholders` agreement on 6 February 2009, OTE will no longer be included under the equity method, but will be fully consolidated for the first time. Implementation of the shareholders` agreement on February 6, 2009.
When drawing up a shareholders` agreement, it is necessary to involve a specialist capable of verifying the contradictions, compliance with the law and the applicability of the agreement. The municipality of Bedburg and RWE Innogy yesterday signed a cooperation agreement on participation in a wind farm project at Königshoven. .