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Shotgun clause. A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other ...
A corporate resolution is a document issued by a board of directors, outlining a binding corporate action. [1] Resolutions may authorize routine transactions such as opening corporate accounts, or adopting a fictitious business name. [2] Others may be used to delegate, approve, or rescind decision-making authority to individuals to act on ...
71,200. Multinational oil and gas company and largest of the Big Oil entities. The firm is headquartered in Spring, Texas north of Houston. Subsidiaries include Exxon, Mobil, and Esso. 9. AT&T. 160,546. 254,000. Multinational telecommunications holding company which includes many components of the former Bell System.
The electric car company's CEO said early Thursday that Tesla would get shareholders to vote on whether to switch its corporate registration to Texas, where its physical headquarters is located ...
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United States Army, First Battalion, First Infantry Regiment soldiers in Texas in 1861. The legal status of Texas is the standing of Texas as a political entity. While Texas has been part of various political entities throughout its history, including 10 years during 1836–1846 as the independent Republic of Texas, the current legal status is as a state of the United States of America.
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