Articles L. 225-192 to L. 225-194 and article L. 225-197 remain applicable as they stood prior to the publication of the loi n° 2001-152 du 19 février 2001 sur l’épargne salariale jusqu’à l’expiration d’un délai de cinq ans à compter de cette publication.
I.-The Extraordinary General Meeting, on the report of the Board of Directors or the Management Board, as the case may be, and on the special report of the company’s Statutory Auditors or, if none has been appointed, of a Statutory Auditor appointed for this purpose in accordance with the procedures set out in Articles L. 225-228 or L. 22-10-66, may authorise the Board of Directors or the Management Board to…
I.-Shares may be allocated, under the same conditions as those mentioned in Article L. 225-197-1 :
The rights resulting from the allocation of free shares are non-transferable until the end of the vesting period. In the event of the death of the beneficiary, his heirs may request the allocation of the shares within six months of the death. These shares are freely transferable.
A special report informs the Ordinary General Meeting each year of the transactions carried out under the provisions of Articles L. 225-197-1 to L. 225-197-3. This report also gives an account of: the number and value of shares which, during the year and by virtue of the offices and functions held in the company, have been allocated free of charge to each of these officers by the company and by…
The Ordinary General Meeting of the company that directly or indirectly has majority control over the company awarding the free shares shall be informed in accordance with the conditions set out in article L. 225-197-4.
Capital amortisation is carried out by virtue of a stipulation in the Articles of Association or a decision of the Extraordinary General Meeting and using distributable sums within the meaning of Article L. 232-11. This amortisation may only be carried out by means of an equal repayment on each share of the same class and does not result in a reduction in capital. Shares that have been fully amortised are…
Shares that have been fully or partially amortised lose their right to the first dividend provided for in article L. 232-19 and the repayment of the nominal value. They retain all their other rights.
Where the capital is divided either into capital shares and fully or partially amortised shares, or into unequally amortised shares, the General Meeting of shareholders may decide, under the conditions required for amending the Articles of Association, to convert the fully or partially amortised shares into capital shares. To this end, it provides that a compulsory deduction will be made, up to the amortised amount of the shares to be…
Shareholders may be authorised, under the same conditions, to pay the company the amortised amount of their shares, increased, where applicable, by the first dividend or the statutory interest for the period elapsed in the current financial year and, where applicable, for the previous financial year.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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