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Possible Consequences of Removal




I have reviewed the copy of Mr Kent’s service (17) . It is important to appreciate that this is a threee year (18) ___________contract and that two and a half years of this term remains unexpired. While therefore it will be possible to (19) Mr Kent from the board by (20) resolution as set out above, this is likely to prove expensive to the company. In particular, Mr Kent will have a meritorious claim for (21) on the basis of (22) of . In addition, there is a six months’ (23) provision upon culmination of the three-year period. He will therefore be able to claim damages for monies remaining payable under the agreement (i.e. three year’s earnings). With a view to seeking to minimise the cost of Mr David’s (24) from the board I would be pleased to assist you in (25) a mutually beneficial (26) . I look forward to receiving you further instructions.

 

Your sincerely,

 

VI. Select from the letter of advice you have now completed alternative words or phrases similar in meaning to each of the following:

1. members of a company S - - - - - - - - - -
2. amount of shares a person possesses S - - - - - - - - - -
3. submissions R - - - - - - - - - -
4. gathering of shareholders S - - - - - - - - - - m - - - - - - -
5.resolution passed by simple majority O - - - - - - - - - r - - - -- - - -
6. contract for a specific period of time F - - - - - - - t - - - - - - c - - -- - -- -

 

VII. The first parts of complete sentences are listed in the first column below. Complete each of these sentences by matching each of these parts with its corresponding part in the second column:

1. If a settlement is reached this will result in by English law
2.A carefully drafted confidentiality clause per s. 303 Companies Act 1985
3.David Kent’s service contract is governed by another agreement!
4.Removing a director will not prevent can protect a company’s trade secret
5.Shareholders can remove a director by ordinary resolution a breach of contract claim

VIII. In pairs, role-play a meeting between John Richardson and his lawyer for the purpose of providing John Richardson with advice on the law and procedure involved in removing David Kent from the board. One of you should play the role of the client John Richardson and the other the role of the lawyer. The person role-playing the client should be prepared to ask relevant questions. The person playing the lawyer’s role should be prepared to provide relevant advice. If you are working on your own then imagine that you are the lawyer about to meet with John Richardson and make notes of the advice you would provide at the meeting.

IX. Translate into English:

1. Керівник відділу збуту не має права розкривати іншій стороні конфіденційну інформацію стосовно діяльності компанії.

2. Керівник відділу збуту зобов’язується впродовж 12 місяців після закінчення трудової угоди не займатися діяльністю, яка б склала конкуренцію компанії.

3. Ця угода регулюється англійським правом.

4. Якщо директор не є акціонером компанії, то він не має права голосу, щоб протистояти рішенню щодо його звільнення.

 


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