If all the partners are managing partners or if one or more managing partners chosen from among the partners are designated in the Articles of Association, the removal of one of them from office may only be decided unanimously by the other partners. This will result in the dissolution of the company, unless its continuation is provided for in the Articles of Association or is unanimously decided by the other shareholders. The dismissed manager may then decide to withdraw from the company by requesting the repayment of his corporate rights, the value of which is determined in accordance with article 1843-4 of the Civil Code. Any clause contrary to article 1843-4 of the said code is deemed unwritten.
If one or more partners are managing partners and are not designated in the Articles of Association, each of them may be removed from office under the conditions set out in the Articles of Association or, failing this, by a unanimous decision of the other partners, whether managing partners or not.
The non-member managing partner may be removed from office under the conditions laid down in the Articles of Association or, failing this, by a decision of the partners taken by a majority vote.
If the dismissal is decided without just cause, it may give rise to damages.