GreenTech Park & Resort — Shareholders Terms & Conditions
1. Definition
1.1 “Company” refers to GreenTech Park & Resort, owned and operated by GreenTech Group.
1.2 “Shareholder” refers to any individual or entity who has purchased ownership shares in the Company.
2. Share Ownership
2.1 Shareholders must be legally eligible under the laws of Bangladesh to own shares.
2.2 Shares can be purchased only through official agreements approved by the Company’s Board of Directors.
2.3 Share ownership entitles the shareholder to a proportionate claim on the Company’s profits, assets, and voting rights, as per the class of shares purchased.
3. Profit Distribution
3.1 Net profits (after taxes and operational costs) will be distributed among shareholders annually or as declared by the Board.
3.2 Profit share will be proportional to the number and class of shares held.
3.3 The Company may reinvest profits for development or expansion if approved by the majority of shareholders.
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4. Share Transfer & Sale
4.1 Shares cannot be sold or transferred without prior written approval from the Board.
4.2 The Company reserves the first right of refusal to buy back shares before they are sold to any third party.
4.3 All transfers must comply with the Company’s Articles of Association and Bangladesh’s legal requirements.
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5. Responsibilities of Shareholders
5.1 Shareholders must support the Company’s vision, reputation, and legal compliance.
5.2 No shareholder may engage in activities that directly compete with GreenTech Park & Resort without written consent.
5.3 Shareholders must keep confidential all sensitive business information.
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6. Meetings & Voting Rights
6.1 Annual General Meetings (AGMs) will be held once a year to review performance, profits, and development plans.
6.2 Each shareholder will have voting rights as per their shareholding ratio and class of shares.
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7. Exit Policy
7.1 Shareholders wishing to exit must submit a written notice to the Board.
7.2 Share value for buyback will be determined based on the latest audited financial statements.
7.3 Exit payment will be made within [XX] days of agreement, subject to legal clearance.
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8. Risk Disclosure
8.1 Shareholders acknowledge that investment in the Company carries business and market risks.
8.2 The Company is not liable for any loss of capital due to economic downturns, natural disasters, or unforeseen circumstances.
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9. Dispute Resolution
9.1 Any dispute will first be resolved through negotiation.
9.2 If unresolved, disputes will be referred to arbitration under the laws of Bangladesh.
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Contact:
GreenTech Park & Resort
Veramotli, Mawauna, Shreepur, Gazipur, Bangladesh
📞 [Phone Number- 01958335338] | ✉ [Email Address: greentechresortpark@gmail.com] | 🌐 [Website: greentechgroupbd.com]