TÜRKÇE

Non-compete obligation

Board members cannot conduct any transaction of a commercial nature that relates to the scope of the company's activity in his or her name or in the name of any other persons without obtaining permission from the general assembly. Furthermore, board members cannot be involved in a company that has the same type of business as a partner with unlimited liability. On the contrary, the company can claim compensation from the board member. Alternatively, instead of the compensation, the company may consider the concerned transaction as it was made in the name of the company and claim any benefits arising from that transaction.

 
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