Tag: shares

One of the possible ways for employees of a joint-stock company to acquire shares is through a donation contract concluded between the relevant employees and the majority shareholder – a commercial company. Under the donation contract, the majority shareholder transfers, free of charge, from the block of shares held by him in the joint-stock company a corresponding number of shares to certain employees. The employer company (the joint-stock company) is not a party to the aforementioned contracts, as the donation of shares for the benefit of employees is carried out by the majority shareholder at his expense and for achieved results.

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