QUOTE(ghoster @ Aug 14 2023, 12:32 PM)
hi everyone,
my father passed away 4 years ago. after he died, i inherit his substantial shares for the company.
after a very long discussion between the directors and me, they decided to appoint me as director. (there's a lot of gentleman's agreement between my late father and the other shareholders, too personal to write down here)
i have no experience in working as a director, i have no experience in this business.
should i hire a lawyer to help me out? the directors in the company are professional and nice people, tho
i have no idea how to negotiate on my director allowance and salary. should i demand or just accept their offer?
i am currently working with a public listed company as an editor. if im not mistaken, i have to resign if i hold a position as a director in another company, right?
any advise helps
Get a lawyer. my father passed away 4 years ago. after he died, i inherit his substantial shares for the company.
after a very long discussion between the directors and me, they decided to appoint me as director. (there's a lot of gentleman's agreement between my late father and the other shareholders, too personal to write down here)
i have no experience in working as a director, i have no experience in this business.
should i hire a lawyer to help me out? the directors in the company are professional and nice people, tho
i have no idea how to negotiate on my director allowance and salary. should i demand or just accept their offer?
i am currently working with a public listed company as an editor. if im not mistaken, i have to resign if i hold a position as a director in another company, right?
any advise helps
If the other directors are bad, when shit hits the fan just blame you or put your name on contracts that going bad. Easily sued.
So get a lawyer to detail down and explain what is your involvement and scope of the director job
Aug 16 2023, 05:38 PM

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