Bob and Karin Founded a Luxury Health Spa Located near Natural

Essay

Bob and Karin founded a luxury health spa located near natural hot springs.They each owned 30% of the company,with the remaining 40% owned by other shareholders.There were many expenses in the first few years,but by year 4,the company was doing well and had a large base of steady customers.Both Bob and Karin work long hours at the spa and work at marketing and operational tasks.Last week,Bob had an offer from a New York entity to build a luxury spa in Upstate New York and was offered a huge salary.Bob is going to take the offer.Describe the legal protections that could keep Karin from assuming all the work while Bob continues to gain benefit of the company's growth.