Claude Will Be a Minority Shareholder in a New Corporation

Multiple Choice

Claude will be a minority shareholder in a new corporation. All interested parties are now in a meeting to draft the incorporating documents. To protect his rights as a minority shareholder, Claude wants certain provisions included in a well drafted shareholder's agreement. Which of the following provisions is unnecessary and won't be included in such an agreement?

A) the right to participate in management
B) the right to a fair price for her share interest
C) for the unanimous approval of all shareholders
D) the right to employment
E) for the agreement to be included inside the charter