Sentences with phrase «special veto rights»
In exchange for providing funding most VC firms obtain majority voting rights by having the majority of the shares (or a preferred class of shares that are senior to common shares), as well as special veto rights.
https://www.thebalancesmb.com/ Not exact matches
Ferrari getting special treatment in F1 is something we're all aware of, but perhaps the most ridiculous aspect of it is the fact that the team has the right to veto technical rules changes.