Termination by a shareholder

In addition to the forced exclusion of a shareholder, cases are also conceivable in which a shareholder wishes to terminate their participation in the company of their own accord. If provided for in the articles of association, this can be done by ordinary termination, although long notice periods often have to be observed. Withdrawal from the company with immediate effect requires good cause: Continued membership must therefore be unreasonable for the shareholder wishing to leave. The main focus in these cases is also usually on the amount of the severance payment and the payment modalities. Here, it is important to find clever provisions in the articles of association that prevent the company from being overburdened or even threatened with extinction