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Article L229-10 of the French Commercial code

Any European Company may convert into a public limited company if, at the time of the conversion, it has been registered for more than two years and has had the balance sheet for its first two financial years approved. The company draws up a draft for the conversion of the company into a société anonyme. This draft is filed with the registry of the court of the company’s registered office…

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Article L229-11 of the French Commercial code

The articles of association of a European company which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may subject any transfer of shares to restrictions on free negotiability without such restrictions having the effect of…

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Article L229-12 of the French Commercial code

Under the conditions they determine, the articles of association of a société européenne which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may provide that a shareholder may be required to sell his shares. They…

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Article L229-13 of the French Commercial code

The articles of association of a European company which does not intend to offer its shares to the public, or which intends to make one of the offers referred to in 1° and 2° of Article L. 411-2 of the Monetary and Financial Code or article L. 411-2-1 of the same code, may provide that a shareholder company whose control is modified within the meaning of article L. 233-16 must…

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Article L229-14 of the French Commercial code

If the Articles of Association do not specify the procedures for valuing the share transfer price when the société européenne implements a clause introduced pursuant to Articles L. 229-11 to L. 229-13, this price is set by agreement between the parties or, failing that, determined under the conditions set out in Article 1843-4 of the Civil Code. When the shares are bought back by the European Company, it is obliged…

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Article L22-10-3 of the French Commercial code

The provisions of article L. 225-18-1, relating to the minimum proportion of directors of each gender, are applicable without threshold conditions to companies whose shares are admitted to trading on a regulated market. Any appointment made in violation of the first paragraph and not having the effect of remedying the irregularity in the composition of the Board shall be null and void.

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Article L22-10-4 of the French Commercial code

In companies whose shares are admitted to trading on a regulated market, in the event of the appointment to the position of chairman, chief executive officer or deputy chief executive officer of a person bound by an employment contract to the company or to any controlled company or company that controls it within the meaning of II and III of Article L. 233-16, the provisions of said contract corresponding, where…

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