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ARTICLE 7 : ACQUISITION AND LOSS OF PARTNERSHIP

 8 hours ago

Any natural or legal person requesting admission as a partner must submit their request to the Executive Committee, which decides on this admission under the conditions provided for by law and the General Regulations, this decision being subject to ratification by the next General Meeting. General.

Any shareholder wishing to withdraw from the company must notify this decision to the Executive Committee by registered letter with acknowledgment of receipt, it being specified that the withdrawal will only take effect after a period of time has elapsed. one month from the date of presentation to the company of the said registered letter.

The exclusion of a partner can only be pronounced by the General Assembly at the request of the Executive Committee and for serious violation of the articles of association or the General Regulations, for serious breach of the rules of professional integrity, or for any act directed against the company or likely to harm its fundamental interests.
In In this case, the offender will be called by registered letter with acknowledgment of receipt, coupled with a simple letter, to present or have presented by a member of the Assembly his 4 explanations in defense before the Executive Committee and, possibly, the General Meeting.

This exclusion may also occur:

  • in the event of cessation of all professional activity
  • in the event of liquidation of assets< /li>

Any shareholder expelled from the company for any reason may only be reinstated by a vote of the General Meeting.

In the event of withdrawal or exclusion from a partner, the exclusive mandate entrusted by him to the company, prior to his withdrawal or exclusion, will continue to be exercised until the end of the current financial year, for the rights he held on audiovisual works whose first performance took place prior to this withdrawal.

As an exception to the above, in the event of a tification by the General Meeting of one or more collective agreements referred to in Article 5 of these Articles of Association, or in the event of modification of the Articles of Association by the General Meeting placing additional obligations on the shareholders or resulting in an extension of the mandate entrusted by them to the company, the aforementioned period will be purely and simply canceled for the partners who decide to withdraw on the grounds of one of the aforementioned decisions.